The Finance Department at Auto Boland Jaguar Land Rover commit themselves to our customers. We offer expert advice while at all times keeping in mind our customers needs and provide a package suitable to each individual customer.

We can offer up to a 5 year term on 2014 cars and newer. 100% finance available on new and used cars. All packages subject to usual lending criteria, terms and conditions.

Products available to customers:

  • PCP
  • Consumer Hire Purchase
  • Business Hire Purchase
  • Business Lease
  • Contract Lease
  • Insurance Products

For more information on these options, contact Graham on 051 335000 or

What is Personal Contract Purchase (PCP)?

Personal Contract Purchase (PCP) is a finance product that allows you the opportunity to buy a new or a used car.

It is similar to a Hire Purchase agreement as you will usually pay an initial deposit, followed by monthly installments over a term typically between 24 to 48 months.

What makes PCP different to Hire Purchase (HP) is that your monthly installments are paying off the depreciation of the car, and not its entire value, over the course of the term. Then, when you get to the end of your agreement, there is a final, balloon payment that must be made if you want to keep the car. Land Rover and Jaguar set the GMFV (Guaranteed  Minimum Future​ Value) low in order for the customer to maximize the equity they have when they return to upgrade. The balloon payment is often referred to also as the Guaranteed Future Value (GFV).

How does PCP actually work?​


When you have chosen your vehicle, you will then agree your annual mileage and decide on the agreement term with our Business Manager, Graham.

We will then determine the Guaranteed Minimum Future Value (GMFV) of the vehicle at the end of the agreement and work out a deposit and monthly amount that works for you.

At the end of your agreement you will then have three options:

Return – Simply return the car the back to us
Retain – Keep the car by paying the optional final payment
Renew – Trade it in for another car

For a quotation, help, or advice contact us and ask to speak to Graham, our Business Manager.

What are the advantages of PCP?

  • Monthly payments on a car financed by PCP are usually lower than if your car is financed by a Hire Purchase agreement.
  • If you decide not to buy the car, you can simply walk away when you've made all the payments.
  • Similar to PCH, you can drive away a new or used car every few years (dependent on the chosen term) without worrying about selling it on.

What should you consider when opting for a PCP?

  • If you want to buy the car you will need to pay your final balloon payment (the Guaranteed Future Value).
  • Similar to PCH, you will need to agree on a mileage allowance at the beginning of your contract and there may be excess mileage charges if you exceed this.
  • You won’t be able to sell the car without settling the finance.
  • You won’t own the car until you have made all of your repayments.
  • You’ll need to keep the car properly insured, maintained and in your possession until the full value is paid off.

What is Hire Purchase (HP)?

Hire Purchase is a way to finance buying a new or used car. You will normally pay an initial deposit and will pay off the entire value of the car in monthly instalments. When all the payments are made, the Hire Purchase agreement ends, and you own the car outright.

What are the advantages of HP?

  • You’ll be able to drive away a car that you may not have managed to buy outright.
  • Unlike a PCP or PCH contract, you won't need to estimate your mileage at the start of your Hire Purchase agreement, so you'll avoid excess mileage charges.
  • Once you’ve made your final monthly payment, including the option to purchase fee, you'll have full ownership of the car.

What should you consider when opting for HP?

  • Monthly payments may be higher than some other finance options, such as PCP, as you're paying off the full value of the car.
  • You won’t be able to sell the car without settling the finance.
  • You won’t own the car until you have made all of your repayments.
  • You’ll need to keep the car properly insured, maintained and in your possession until the full value is paid off.

Can I settle my HP agreement early?


The short answer is yes, you can end your finance early. There are different provisions within each finance agreement that allows you to do just that. For more information, contact Graham on 051-335000


Leasing is a product to get you into a new car without having to take the full financial burden. You select the term of the lease and the mileage you would typically do on a yearly basis. A package is then tailor made to your requirements.

You don’t own the vehicle at any stage but you would typically have a vehicle that is covered by manufacturers warranty for the duration of the lease.

Maintenance packs can also be added to cover the cost of servicing, tyres and taxation of the vehicle. This would be included in the monthly payment instead of a big outlay when they are required.

Insurance Products

GAP Insurance – Insure the invoice value of your car for up to 4 years to protect against depreciation in the event of your new car becoming unrecoverable.

Tyre Insurance – Insure your tyres against damage

Cosmetic and Alloy Wheel repair – Insure your vehicle for against minor cosmetic damage in order to keep your new vehicle in pristine condition.