Paying for your vehicle

If you don’t want to pay the full price upfront, Northridge offers other ways to finance your EV. These options are usually available through Northridge approved dealers, but other lenders might offer similar deals elsewhere.

Comparison of vehicle finance options offered by Northridge
Product	Good for	Pros	Cons
Personal Contract Purchase (PCP)	People who like changing vehicles every few years, option to own	Lower monthly payments Flexible choices at the end	Mileage limits and condition rules apply You don’t own the vehicle unless you pay the final amount
Hire Purchase (HP)	People who want to own the vehicle long-term	You own the vehicle at the end No mileage limits	Monthly payments are usually higher than PCP
Personal Contract Hire (PCH)/Leasing	People who want a simple, no-ownership option	Lower monthly payments Road tax often included	You can’t buy the vehicle Mileage and condition rules apply

You can find out more information about each of these products on Our Products page here.

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