Five ways to pay for it.
They differ in one way that matters: what happens at the end. Either the car is paid off and yours, or there is a payment left and somebody has to have been right about what the car is worth by then. On a marque where 3 of the 5 cars advertised in the UK carry no price at all, being right about that is harder than it sounds, and it is the reason the agreements behave differently here than they do on an ordinary car.
| Agreement | At the end | If it is worth less than expected | Monthly |
|---|---|---|---|
| Hire purchase | Nothing left to settle | None. There is no closing figure to be wrong about. | £35,766 |
| Lease purchase | A final payment you have to meet | Yours. You cover any shortfall. | £23,223 |
| Personal contract purchase | Hand it back, keep it, or take the equity | The lender, and it charges for carrying it. | £23,223 |
| Refinance | You keep the car throughout | Secured on the car. | Depends on advance |
| Business contract hire | Nothing. The car was never yours | The lease company. | On application |
The deposit on that example is £360,000. Deferring 40 per cent leaves £720,000 to find at the end, which is the part a monthly figure never shows you.
Hire purchase
Pay the whole cost across the term. The car is yours at the end.
The plainest agreement here and the one that suits a Koenigsegg best, because nothing has to be forecast. A lender writing lease purchase is committing to a view of what a car worth several million will be worth in four years, and on a run of seven cars there is no honest way to publish that. Hire purchase funds the car against what it is worth today. It produces the highest monthly payments of anything on this page and the lowest total cost, which is the trade every comparison eventually comes down to.
Lease purchase
Leave part of the balance to a single payment at the end.
Part of the balance is deferred to one payment at the end, set against what the lender expects the car to be worth by then. The monthly figure falls and the debt does not move. On the Gemera at £1,800,000, deferring 40 per cent to a payment of £720,000 takes the monthly cost from £35,766 to £23,223. The saving is real and so is the £720,000 falling due in four years. On these cars lenders set that figure conservatively, which is a compliment to their caution and a cost to you.
Personal contract purchase
The lender promises what the car will be worth at the end.
A PCP guarantees the closing figure rather than estimating it, so if the car is worth less at the end the shortfall belongs to the lender. That protection is priced into the rate. It is also the hardest agreement to get on a Koenigsegg, because a guarantee needs evidence and there is very little: a lender committing to a figure four years out on a car with a run of twenty five is taking a position almost nothing supports. Expect it to be offered rarely, and treat a broker who offers it freely with some suspicion.
Refinance
Release capital against a Koenigsegg you already own.
Where the car is owned outright a lender can advance against it and take security over it. You keep it, you drive it, and the capital is released. This is the agreement that does the most work on this marque, because several of these cars are worth more now than they cost. An Agera RS or a One:1 has appreciated, and refinancing one releases that without a sale. The negotiation is the valuation rather than the rate, so bring the history file to the first conversation rather than the third.
Business contract hire
Lease it to a limited company and hand it back.
A lease to a company rather than a purchase. It is included here for completeness and it is the agreement we place least often on these cars, for one reason: at the end you have made four years of payments and own nothing, on an asset that in several cases has gone up in value. Handing back an appreciating car is the most expensive thing on this page. It suits a company that wants the car as a cost line and nothing else.
Finance taken wholly or predominantly for business purposes is unregulated and we arrange it directly. Where an agreement is regulated consumer credit, it is arranged through an FCA authorised broker partner, and that firm is responsible for the regulated activity and for any advice given on it. You will be told which of the two applies to you before anything is signed.
Talk to us about Koenigsegg finance
We come back with which agreements the car supports and what each one is likely to cost. If none of them work, that is the answer you get.