PCP (Personal Contract Purchase) is a type of finance where you use the vehicle for a fixed period. Later, you decide whether to give the vehicle back or pay what’s left of the value to keep it.
PCP (Personal Contract Purchase) usually includes:
- Smaller monthly payments
- Option to give the vehicle back at the end
- Or pay what’s left of the vehicle’s value if you want to keep it
Like all finance, different vehicle finance options have advantages and disadvantages. Whilst we can't offer specific advice, we always recommend you research to ensure that PCP (Personal Contract Purchase) is the right option for you.