Why Choose Car Finance Over a Personal Loan?

Having a handle on our monthly outgoings is something we all strive for, maybe you have a spreadsheet? A note on your phone? Or maybe a good old-fashioned journal. However you manage your spending habits, it’s essential to know when considering a big purchase - like a new vehicle - that you’re in the right hands.

There’s a whole host of options available to you as you go through this decision, and at Williams we’re happy to help every step of the way.

You can find a handy guide to the different types of car finance available to you:


To help you along with your choice you’ll find some common reasons below to opt in for car finance options like Personal Contract Purchase (PCP) or Hire Purchase (HP) over a personal loan; with the main benefit being additional consumer protection in case of unfortunate events such as issues with your car, or struggling with payments.

  • Clarity: Tripartite agreements clearly define the obligations, rights, and responsibilities of all three parties, enabling smoother transactions and reducing any potential conflicts.
  • Legal Protection: All parties involved receive protection through the legally binding contract, reinforcing the understanding and adherence to the agreed terms.
  • Risk Mitigation: By outlining each party’s role and responsibilities, a tripartite agreement can help reduce the potential risks associated with a multi-party transaction

There are plenty of flexible options to suit your circumstances, contact us to find out how we can help!

Contact Us!

​We’re excited to be able to offer low-rate finance across our range of Approved-Used BMW* and MINI cars and a fantastic £700 deposit contribution on top of the 10.9% APR; from now until 31st December 2023.

*Excludes BMW iX1, iX3, i4, iX and i7