Personal Contract Purchase is a flexible finance solution that lets you drive more car for your money while keeping your options open.
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.
At the end of the agreement, you have three options:
You can hand the car back to us
You can pay the optional final payment and take full ownership of the vehicle
You can part-exchange your car at any Holdcroft dealership for another one, using the difference between the cars valuation and its GFV as your deposit