Personal Contract Purchase (PCP)

A finance option that gives you maximum flexibility at the end of your agreement, buy, swap or return

Personal Contract Purchase (PCP) key features: 

• Available on all new cars, but usually restricted to cars up to five years old 
• Flexible deposit 
• Potentially lower monthly payments 
• You can buy, swap or return at the end of the contract

PCP may suit you if you:

• Like to keep your options open 
• Like changing your car regularly 
• Drive low or moderate amount of miles annually 
• Want to make lower monthly payments with the option of a balloon payment at the end of the contract to own the car 
• You are planning to keep the car at the end of the contract rather than change again soon
• Want to make lower monthly payments with the option of a balloon payment at the end of the contract to own the car