PCO vehicle finance comparator

This tool assumes:

• Comparison is over a 36-month horizon — typical PCO hire-and-reward and finance term.
• PCO hire (rental) total = weekly rate × 156 weeks; you own nothing at the end.
• Hire-purchase total = deposit + (monthly × term) + option-to-purchase fee; you own the vehicle at the end.
• PCP total = deposit + (monthly × term); at term-end you choose to pay the balloon (own), hand back, or refinance.
• Finance figures exclude insurance, maintenance, breakdown, and depreciation if you keep the vehicle — these vary widely by driver and are noted separately on the result.

Primary sources:

• FCA: Motor finance
• legislation.gov.uk: Consumer Credit Act 1974
• TfL: Private hire vehicle licensing