Finance at CR Morrow

We understand that purchasing a car is an important decision, and at CR Morrow we are here to make it easier for you.

To assist you in finding the perfect car, we offer a range of car finance options tailored to your needs. Let's explore the different types of finance available:

Hire Purchase (HP):

Hire Purchase is a popular choice for many car buyers. With this option, you can spread the cost of your car over a fixed period of time. It works by paying a deposit upfront, followed by regular monthly payments. Once the final payment is made, you become the proud owner of the vehicle. It's a straightforward and simple way to finance your car purchase.

Personal Contract Purchase (PCP):

Personal Contract Purchase is a flexible financing option that offers lower monthly payments compared to Hire Purchase. With PCP, you pay a deposit and monthly instalments for a fixed period, usually two to four years. At the end of the agreement, you have three options: you can return the car, exchange it for a new one, or make a final payment (Sometimes known as a balloon payment) to own the vehicle outright. PCP allows you to enjoy the benefits of a new car more frequently.

Personal Loans:

A personal loan is another financing alternative for buying a car. It involves borrowing a lump sum from a bank or lender to purchase the vehicle. With a personal loan, you can usually choose the repayment term that suits you best. It provides flexibility and allows you to own the car outright from the start. Additionally, personal loans often have competitive interest rates.


Leasing is a popular option for those who prefer to drive the latest models without the long-term commitment of ownership. With a car lease, you essentially rent the vehicle for a fixed period, typically two to four years. Lease payments are typically lower than loan repayments because you're only paying for the depreciation of the vehicle over the lease term. At the end of the lease, you can return the car and choose a new one, or sometimes have the option to purchase the vehicle.

Cash Purchase:

If you have the financial means, you may choose to purchase a car outright with cash. This option allows you to avoid monthly payments and interest charges, providing you with full ownership from the start. It's a straightforward and hassle-free way to buy a car, particularly if you're looking to avoid finance agreements altogether.

At CM Morrow, we understand that everyone's financial situation is unique, and we are here to help you find the car finance option that best suits your needs. Our dedicated team of experts is ready to guide you through the process and answer any questions you may have. Contact us today to explore the financing options available and drive away in your dream car!

Why Finance Through a Dealership?

What is Hire Purchase?

What is Personal Contract Purchase?

We are Authorised and Regulated by the Financial Conduct Authority 673115. Finance is subject to status. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. C.R. Morrow Ltd are a credit broker and not a lender.

Every effort has been made to ensure the accuracy of the information above, however, errors may occur. Do not rely entirely on this information about items which may affect your decision to purchase. C.R. Morrow Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts. Registered Office: 109 Millvale Road, Bessbrook, Co Armagh, BT35 7NB. Registered Company No: NI006183 Data Protection No: Z1282985.

We always aim to provide a first class service, however if you have any cause for complaint any enquiry can be raised either by email, in writing or by telephoning ITC Compliance Limited, 4 Monarch Court The Brooms, Emersons Green, Bristol, BS167FH,, 0845 177 22 66 or 0177 4403700. Should you remain dissatisfied you have the right to as the Financial ombudsman Service to review you case. You should write to the Financial ombudsman Service, Exchange Tower, London, E149SR. Telehone 0800 023 4567 or 0300 123 9123. Web Address