Personal Contract Purchase:
PCP works by deferring a portion of the car’s value to the end of the agreement – this is often called a guaranteed future value or GFV. You only make payments on the amount remaining after taking the deposit and GFV into account, so your monthly payments will be lower compared to other methods of finance.
Hire Contract Purchase:
Hire Purchase is a hassle-free way of owning your next vehicle, giving you fixed monthly repayments so you can better manage your budget. You simply put down a deposit and select an agreement period – between one and five years – then we work out your fixed monthly repayments, adjusting the agreement period term, as necessary, until we get to a monthly repayment that suits you.