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Getting You Behind The Wheel: Used Car Finance At SW Car Supermarket

  • Published: 23 November 2019

So you’ve found your ideal used car, but you don’t know how to finance it? If this sounds like you, then don’t fear as at SW Car Supermarket, that car that you’ve got your eye on could be more in reach than you think thanks to our competitive used car finance packages.

Based in Peterborough, SW Car Supermarket and our sister branch SW Car Superstore has been selling quality used cars in Peterborough and the surrounding Cambridgeshire and wider East Anglia area for nearly 10 years. Putting real emphasis on customer service we firmly believe that buying a car should be more than stress-free, it should be an experience that is both exciting and enjoyable.

To put you, our customer, in control we ensure all of our vehicles are thoroughly checked and priced competitively before going on sale. In addition to this, we’ve partnered with some of the leading finance lenders to bring you competitive used car finance packages to help you get behind the wheel sooner.

We appreciate that buying a car is a significant financial undertaking, so much so that buying a car is normally the second largest purchase a person may make after their home, so to ease any potential headaches our finance packages are designed to be as flexible and competitive as possible.

With the ability to configure the size of your deposit and finance term we pride ourselves on being able to offer flexible used car finance and we can offer a range of products that can be tailored to your financial needs be that a Hire Purchase (HP) or Personal Contract Purchase (PCP) plan.

When deciding which used car finance plan is right for you it is important to fully understand how each finance products differ and what each plans relative benefits are. To help you learn more and decide which plan may be best for you take a look at our used car finance page.

Personal Contract Purchase (PCP):

When it comes to your car if you like to change your vehicle, say every three years, and want to pay for it monthly via low monthly payments, then it may well be worth considering a Personal Contract Purchase or PCP plan to spread the cost of your used car.

At the start of the term, you will contribute a deposit which typically will be around 10% of the value of the used car. The remainder of the vehicle price after the deposit has been taken into account will be split across an agreed term plus interest.

It’s important to know that with a PCP plan you will not own the car and annual mileage limits will apply. However, upon the end of the term, you will either have the choice to give the car back to the lender or dealer or be able to pay a balloon payment which will give you the opportunity to become the cars legal owner with the car completely paid for.

Hire Purchase (HP):

Another finance product is Hire Purchase. This is another highly popular used car finance product but typically has higher monthly payments to that of a PCP plan.

With a Hire Purchase agreement, you are hiring your used car from the lender over the term of the finance agreement. It is only when the finance term has been completed and paid for that the vehicle legally comes into your ownership.

At the start of the term, you will be asked to contribute a deposit and this deposit will have a direct effect on the size of the monthly payments that then follow. The remaining balance will be paid off over an agreed term and at the end of the used car finance agreement, you will be asked to pay an option to purchase fee which could be around £250, although this can vary per lender. This fee brings the car into your ownership.

Whilst an HP plan gives you the option to spread the cost, you will not own the car or be able to sell it until the finance term has come to an end.

At SW Car Supermarket we pride ourselves on our used car finance offerings and we are currently pleased to be able to offer certain finance packages from 6.9% APR!*

We always strive for the biggest choice and the lowest prices at SW Car Supermarket and SW Car Superstore and we are proud to offer over 1000 used cars for sale. Whatever car you are looking for, we are likely to have it in group stock. Whether that is a hatchback, coupe or SUV at our Peterborough dealerships, your next car awaits.


The information contained within this article is to be taken only as information only. If you have any questions about our finance products please get in contact with us. Please also note that finance is subject to status and full terms and conditions apply.

*Milton Gate Ltd t/a S W Car Supermarket is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Milton Gate Ltd t/a S W Car Supermarket to act as an agent on behalf of the insurer for insurance distribution activities only.


Transport For London

Cars need to meet minimum emission standards when travelling in the Ultra Low Emission Zone (ULEZ) or the daily charge must be paid.

Minimum emission standards

Petrol: Euro 4
Diesel: Euro 6

The ULEZ will be enforced based on the declared emissions of the vehicle rather than the age. However:

Information from Transport For London

Check this car on the TFL website before purchasing: https://tfl.gov.uk/modes/driving/ultra-low-emission-zone/vrm-checker-ulez

SW Car Supermarket

To save timely negotiation all our cars are heavily discounted upfront and offered nearer cost price, saving customers up to £2000 when compared to our competition. This ensures we are treating every customer the same. This fee is a compulsory fee and applies to all customers.

Variable admin fee is charged as listed below:

  1. Retail customers pay £199.
  2. Repeat customers purchasing a 2nd car within 12 months of the original invoice date £0.
  3. Retail customers arranging finance using brokers outside of our immediate panel of lenders £399.
  4. Trade customers making a purchase as the motor trade £499.
  5. Export customers including Northern Ireland and the Republic of Ireland £499.
SW Car Supermarket

Reserve any of our vehicles for just £200. Make the most of the lockdown and secure the car you love before anyone else.

We'll Deliver!

Our delivery service is completely contactless, no need to leave the house, no need for face-to-face contact. Simply find your car online and have it delivered to your door.

Click & Collect

Buy your car online and collect it from our showroom. If you choose to collect your car we will only allow one person into our showroom at a time and we will abide by all social distancing measures.