Personal Contract Lease
Personal Contract Lease is a variation of PCP but has no final residual value built in at the end of the agreement, and yet the finance house sets a residual which enables a low monthly rental.
Customer Benefits
- Low initial rental
- Reduced monthly cost
- No risk at the end of the contract subject to terms and conditions
- Maintenance can be included to enable fixed cost
At the end of the agreement, the customer simply hands the vehicle back to the finance house, and in most cases the vehicle will be collected from your home or business address at no charge to you.
