BYD Finance | Wakefield | Riverside Motor Group BYD

Car financing at Riverside BYD Wakefield Switching to an electrified future has never been easier. With our BYD finance options, you can drive a cutting-edge electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV) while keeping your payments manageable. Whether you’re new to electric motoring or upgrading to the latest model, we offer flexible solutions designed to suit your budget and lifestyle.

Why choose Riverside BYD finance? Financing a new BYD electrified vehicle puts you in control of your payments. You choose your deposit, monthly instalments and contract length, ensuring a plan that works for you. With fixed interest rates, you’ll always know what you’re paying – no unexpected surprises. Plus, financing allows you to drive a brand-new EV without the large upfront cost of an outright purchase.

What is Personal Contract Purchase (PCP)? PCP finance is one of the most popular and flexible ways to fund your new BYD electric car. It allows you to spread the cost with lower monthly payments compared to traditional finance plans such as Hire Purchase (HP). At the end of the agreement, you’re not locked into a single outcome. You can choose to buy the car outright, part-exchange it for a new model, or simply return it with no further obligations (subject to mileage and condition terms).

How PCP works 1. Choose your BYD model and estimate your annual mileage.
2. Select a deposit amount that fits your budget.
3. We calculate your monthly payments based on the remaining balance and your chosen contract length.
4. Enjoy your brand-new BYD EV/PHEV with confidence.
5. At the end of the agreement, decide what’s next:
o Keep it: Pay the optional final payment to own the car outright.
o Exchange it: Trade it in for a new BYD model and start a new PCP agreement.
o Return it: Hand the car back with nothing more to pay (subject to terms and conditions).

PCP vs. purchase plan With a traditional purchase plan, you pay off the entire cost of the vehicle, resulting in higher monthly payments. At the end of the agreement, you fully own the car, even though its value may have significantly depreciated.
With PCP, your monthly payments only cover part of the car’s value, making it more affordable. You’re not tied to ownership unless you choose to be – giving you greater freedom to upgrade to the latest BYD model as technology evolves.

Benefits of PCP PCP allows you to drive the latest BYD electric vehicles with lower monthly payments than a traditional purchase plan or loan. It’s an excellent choice if you enjoy upgrading your car regularly, as it gives you the flexibility to switch to a newer model every few years.

● Lower monthly payments compared to a full purchase plan.
● Fixed interest rates ensure predictable payments.
● No need to worry about depreciation – return the car at the end if you don’t want to keep it.
● Flexibility at the end of your term – upgrade, keep or return.
● Drive a brand-new EV/PHEV more affordably.

© 2025 Riverside Motor Group. All Rights Reserved.

Riverside Motors (Doncaster) Limited
t/a Riverside Volvo Doncaster:

Company Number: 01647975

VAT Number 715971613

Financial Disclosure

Riverside Motors (Doncaster) Ltd, Riverside Motors (Hull) Ltd, Riverside Hull Ltd, Riverside Wakefield Ltd & Riverside Motors (Wakefield) Ltd are appointed representatives of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker, not a lender. We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered. All finance applications are subject to status, terms, and conditions apply, UK residents only, 18s or over, Guarantees may be required. Data Protection No: Z5997812

Social media

Featuring the latest news, stories and updates.