What are my options with car finance? An expert breaks them down

According to the Finance and Leasing Association, more than 78 per cent of all new cars are bought on finance.

But it can be tricky choosing the best deal, with all sorts of different packages to choose from.

Common options include Personal Contract Purchase (PCP), Hire Purchase (HP), personal loans, and personal leasing.

EV editor Steve Fowler breaks down a guide to understanding car finance options in order to help consumers make informed purchasing decisions.