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At Waylands JAECOO, we offer flexible, tailored car finance packages that are designed to make driving a new or used JAECOO SUV seamless and affordable. Whether you’re considering the compact JAECOO 5, the versatile JAECOO 7, or the luxury seven-seat JAECOO 8, our experienced financial specialists at Waylands JAECOO Bristol are here to guide you through every funding option.
Discover our competitive Personal Contract Purchase (PCP), Hire Purchase (HP), and business leasing packages to find the ideal payment structure for your budget.
Financing your JAECOO through Waylands takes away the friction of buying outright, allowing you to spread the cost over fixed, manageable monthly instalments. All our vehicle finance plans come with transparent interest rates, clear terms, and tailored deposit options, including low or Nil Advance Payment arrangements on selected schemes.
Whether you’re looking for lower monthly commitments, complete vehicle ownership at the end of your contract, or tax-efficient company fleets, our finance managers build custom plans around your preferred contract term (typically 24 to 48 months) and anticipated annual mileage.
Personal Contract Purchase (PCP)
PCP is our most popular finance option for personal buyers who enjoy flexibility and lower monthly payments. By deferring a portion of the car's value to the end of the contract as a Guaranteed Future Value (GFV), your monthly instalments pay off only the vehicle’s depreciation over the term of the agreement.
When your PCP contract ends, you have three options:
1. Keep the vehicle: Pay the optional balloon payment (GFV) plus a small completion fee to take 100% ownership.
2. Exchange for a new JAECOO: Trade in your vehicle and use any positive equity above the GFV toward the deposit on a brand-new model.
3. Return the car: Hand the vehicle back to Waylands with no further obligation (subject to mileage and condition).
Hire Purchase (HP)
Hire Purchase is a straightforward, traditional vehicle loan that leads directly to outright ownership. After paying an initial deposit, you pay off the vehicle's remaining balance in equal monthly instalments over an agreed term.
• No mileage restrictions: Unlike PCP or leasing, HP agreements have no annual mileage caps or excess mileage charges.
• Guaranteed ownership: Once your final instalment and option-to-purchase fee are completed, the vehicle is 100% yours.
For corporate clients, sole traders, and private drivers who prefer fixed motoring costs without ownership commitments, Waylands offers tailored business contract hire and personal leasing:
• Personal Contract Hire (PCH): Drive a brand-new JAECOO SUV for a fixed monthly rental fee without worrying about vehicle depreciation or resale value at the end of the term.
• Business Contract Hire (BCH): Enhance your company fleet with modern, tech focused JAECOO SUVs. Enjoy predictable cash flow, VAT recovery benefits, and reduced Benefit-in-Kind (BIK) tax rates on plug-in hybrid models like the JAECOO 7 SHS.
• Motability Scheme Leasing: Qualifying drivers can exchange their mobility allowance for a brand-new JAECOO; learn more on our JAECOO Motability hub.
| Finance Example - Personal Contract Purchase (PCP) | |
| On The Road Price | £35,170.00 |
| Waylands Savings | £1,670.00 |
| Waylands On The Road Price | £33,500.00 |
| Customer Deposit | £382.00 |
| Total Amount of Credit | £33,118.00 |
| Agreement Term | 49 months |
| Annual Mileage | 6,000 |
| Excess Mileage Charge | 10p per mile |
| Monthly Payment | £382.13 |
| Optional Final Payment | £14,775.65 |
| Interest Charges | £0.00 |
| Total Amount Payable | £33,500.00 |
| Annual Fixed Interest Rate | 0.00% |
| APR Representative | 0.00% |
| Finance Example - Hire Purchase (HP) | |
| On The Road Price | £35,170.00 |
| Waylands Savings | £1,670.00 |
| Waylands On The Road Price | £33,500.00 |
| Customer Deposit | £0.00 |
| Total Amount of Credit | £33,500.00 |
| Agreement Term | 60 months |
| Monthly Payment | £558.33 |
| Optional Final Payment | £558.13 |
| Interest Charges | £0.00 |
| Total Amount Payable | £33,500.00 |
| Annual Fixed Interest Rate | 0.00% |
| APR Representative | 0.00% |
Below is an overview comparing the core structure of our primary personal finance routes:
| Feature / Benefit | Personal Contract Purchase (PCP) | Hire Purchase (HP) |
| Primary Goal | Flexibility & lower monthly payments | Outright vehicle ownership |
| Deposit Requirement | Flexible (Nil deposit options available) | Flexible initial deposit |
| Monthly Payment Level | Lower (pays depreciation) | Higher (pays full vehicle value) |
| Annual Mileage Limits | Agreed at start of contract | Unlimited (no mileage caps) |
| End of Contract Choice | Pay balloon to keep, upgrade, or return | Automatic ownership upon final payment |
Ready to find the ideal finance package or request a personalised finance quotation?
• Browse our complete range of JAECOO brand-new models.
• Explore approved pre-owned vehicles on our Used JAECOO Cars hub.
• Contact our dedicated team at Waylands JAECOO Bristol to discuss finance terms or book a test drive.
Personal Contract Purchase (PCP) is a flexible vehicle finance option designed with the customer in mind. It offers assurance through a guaranteed future value for your vehicle while keeping monthly payments lower than more traditional plans such as Hire Purchase.
This is made possible by postponing part of the vehicle’s cost until the end of your contract. When the agreement ends, you’ll be able to choose from three tailored options depending on your preferences.
Providing an accurate mileage estimate is essential. If you go over your agreed limit, additional charges may apply. These will be made clear before your agreement is finalised.
4. Lower Monthly Instalments
Your monthly payments are calculated based on the difference between the vehicle’s retail price (minus your deposit) and the GFV, plus interest. This structure often results in more manageable monthly costs when compared to Hire Purchase.
What Happens at the End of the Agreement?
When your PCP agreement concludes, you have three flexible options available:
Please ensure the car is returned in line with the agreed mileage and condition guidelines. Any excess wear or mileage may incur additional charges, all of which will be explained upfront.
3. Upgrade with a Part Exchange
You can also choose to trade in your current vehicle. If your car’s value exceeds the GFV, you can use the equity towards your next JAECOO vehicle. As your JAECOO retailer we will be happy to assist you in choosing your next model.
Hire Purchase is a dependable and easy-to-understand way to finance your next vehicle. With fixed monthly instalments and a consistent interest rate agreed upon from the start, this option allows for clear and effective financial planning throughout the duration of your agreement.
Whether you prefer the predictability of Hire Purchase or the flexibility of Personal Contract Purchase, both finance options offer smart, accessible ways to drive away in a vehicle that suits both your lifestyle and your budget.