PCP Car Finance

Personal Contract Purchase is a great way to finance your car purchase, particularly if you change your car every three or four years. There are some really good deals being offered by manufacturers at the moment

Many manufacturers are offering APR's below bank lending rates.

In addition some dealerships are throwing in free servicing and tax for the period of the contract.

How Does PCP Work?

You choose the car, the amount of deposit, how long you would like the contract to run for (usually it is 24 or 36 months) and the mileage you think you will do and for that your motoring cost is fixed for the term of the contract. At the end of the contract you have a choice to either buy the car outright for an agreed lump sum (the GMFV or final balloon payment), or alternatively you can hand the vehicle back to the lender and walk away without any further obligation.