Private Contract Plan (PCP)

PCP is a variation of Hire Purchase but has a final residual value built in at the end of the agreement, deferring a proportion of the cost until the end of the agreement and keeping the monthly payments down.

Customer Benefits

• Low deposit
• Reduced monthly cost
• Guaranteed residual value

At the end of the agreement, there are three options:

• Hand the vehicle back to the finance house and owe no further money
• Clear the final payment and keep the vehicle
• Part exchange the vehicle and use any equity as the deposit for your next vehicle