With a Personal Contract Purchase (PCP), you pay for a portion of the vehicle's upfront sale price over a number of years, but can then settle the balance. How does PCP work? Kia Finance PCP With PCP finance, you pay for a portion of the vehicle's upfront sale price over several ...
Personal contract purchase (PCP) is the most popular way of buying a new car; more than 80% of them are purchased using this form of finance, and it’s becoming more popular with used car buyers too. A PCP is technically a form of hire purchase (HP), but a substantial portion of ...
If you want car finance that lets you own the car, take a look at our Personal Contract Purchase (PCP) or Hire Purchase (HP) options. Will my credit score be impacted if I apply? expandable section We may do a soft credit check when we check your application. This won’t affect ...
Discover Personal Contract Purchase (PCP) Car Finance with The AA and find out if it is the right option for you when purchasing a car. Apply online today.
Find the best finance option for you. PCP (Personal Contract Purchase) PCP is perfect for drivers who: Want lower monthly payments; Might want to change their car at the end of their agreement; And can estimate their annual mileage. At the end of the agreement you have a few options: Ha...
Car leasing is often referred to as Personal Contract Hire, or PCH. It centres around fixed monthly payments which are calculated based on the vehicle's expected depreciation - the difference between the purchase price and the resale value at the end of the agreement, taking into account age ...
Personal Contract Purchase(PCP) finance is secured against the car but you don't own the car automatically at the end of your agreement. You will have an optional final payment known as a balloon payment that you can pay to own the car outright or you can hand the car back to the fina...
Personal Contract Purchase (PCP) With this type of car finance, you’ll be required to pay a deposit on the car, usually at least 10% needed. Putting down a larger deposit can give you access to lower interest rates. You’ll then make monthly payments until you’ve repaid the amount ow...
On the other hand, if you like the idea of lower monthly payments and greater flexibility with car ownership, Personal Contract Purchase might be a better fit. With this type of finance, you’ll need to make a final payment in order to keep hold of the car. This can be a fairly signi...
Personal Contract Purchase (PCP) 7.9% APR representative when you borrow between £7,000 and £25,000. 1-4 year terms available Own the car by paying a final lump sum, or return it (return conditions apply) No early repayment charges Funds are sent directly to the car dealership Yea...