Personal Contract Purchase

Personal Contract Purchase (PCP) is a popular way to finance new or used cars, offering lower monthly payments than traditional loans. This is because the car's future value is calculated as a final payment, guaranteed by the finance company based on expected mileage condition, and age at the contract's end.

PCP offers flexibility with a deposit. term. and mileade that suit your needs. You have three options at the end: pay the final amount to keep the car, return it to the finance company if it's worth less than the final payment, or trade it in and use any excess value toward a new deposit.