PCP Negative Equity Calculator
Negative equity on a PCP means you owe more to settle the agreement than the car is currently worth. This estimates your settlement figure and equity position, then works out what carrying that shortfall into a new deal actually costs once interest is included.
Your situation
If you roll this into a new deal
Before any financing cost: at least £39/mo of extra capital over 48 months. Financed at 9.9% APR, it actually adds closer to £47/mo — interest applies to the rolled-over amount too.
Estimated figures are for guidance only. Your finance provider must confirm the exact settlement amount.
Your lender's settlement quotation is the only authoritative figure — this is an estimate for planning purposes.
Related calculators
- PCP Calculator — see how the monthly payment and balloon were set in the first place
- PCP Settlement & Equity Calculator — plain-English next steps for your equity position
- Car Depreciation Calculator
- Real Car Cost Calculator
Guides
- What is a PCP settlement figure?
- PCP positive equity and negative equity explained
- PCP voluntary termination — an alternative worth checking if your shortfall is large
- If you're deep in negative equity, voluntary termination may cap what you owe — compare it here
Last reviewed: 30 August 2026. Figures and methodology are reviewed as UK rates and rules change.