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Personal Contract Purchase in detail. Retain You can pay the optional final payment and the car is yours.

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Return You can hand the car back to us, with nothing further to pay subject to mileage and fair wear and tear. Renew You can part exchange the car, using any equity over and above the optional final payment as deposit on your next car. Product Parameters Typical repayment periods are over 25 or 37 months.

This can be set from 6, to 30, miles per annum. Once all the monthly repayments have been made, including the optional final payment, you will own the car. As with all our finance products, there are no arrangement or purchase fees. Manage cookies and view our policy. Skip navigation. Quick links Car insurance Home insurance. Popular Car insurance Van insurance Motorbike insurance Multi-car insurance. Other motor insurance Temporary car insurance Temporary van insurance Caravan insurance Motorhome insurance Black box insurance Classic car insurance Learner insurance Gap insurance Motor excess insurance Motor trade insurance Fleet insurance.

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PCP deals explained - what is PCP finance? | Carbuyer

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  • What is PCP? Personal Contract Purchase explained!
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How does PCP car finance work?

Read our reviews. It was a great, easy experience! We go to these trusted car finance providers. What is PCP? Do I own the car?

LEASE VS. PCP

What are the pros and cons of PCP? What else is there to consider? Mileage Because the value of the vehicle at the end of the term is important, so is the condition of the car and its mileage. Walk into most car dealerships and you'll be greeted by the same picture - a showroom made up predominantly of men. Effortlessly graceful and elegant, the DS only Bob Flavin December 15 AM.

Financing a car with personal contract purchase (PCP)

It's broken into three parts: Deposit Payments Final payment balloon , keep paying or hand back. Payments stage: The payments are the tough bit, for 36 months you'll have to pay the money on time and keep the car serviced at a main dealer. Eddie Cunningham: 'Climate strategy is a game-changer for drivers - life on the road will Geraldine Herbert: 'Dublin is one of the worst cities in the world to be a driver Most Read Most Shared.

Also in Life. Women in the driver's seat Walk into most car dealerships and you'll be greeted by the same picture - a showroom made up predominantly of men. Tow the line when you take a trailer on the roads The mere mention of trailer towing rules is enough to send most peoples' brains The classic car that will never go out of style The car you always promised yourself. The tagline for what was basically a Cortina There's no room for compromise with unaccompanied learners There has been criticism in some quarters, that the What is a PCP?

I'm controlled on the roads and I'm competitive when out on the track!