Personal Contract Purchase (PCP)
Give your customers the opportunity of making payments that could be considerably lower than those on a traditional HP agreement. Our PCP not only helps you close more deals, it could also make it easy for customers to upgrade to a higher specification. Typical 12.8% APR.
- No deposit required.
- Customers can choose a new model every 2 or 3 years.
- A balloon final payment keeps monthly outgoings lower.
- Gives your customer the reassurance of a Guaranteed Future Value.
- At the end of the agreement three options apply:
take ownership by making the final payment;
hand it back (subject to return conditions) with nothing more to pay;
or use any equity as the deposit for a new model (subject to status). - Fixed term 12-36 months.
- Fixed monthly payments allow easy budgeting.
- Fixed interest rate from day one.
- Minimum £1,000, maximum subject to status.
- Acceptance fee payable at the start.
- Early settlement allowed (penalties may apply).
For further information email or call us on 0845 603 8816. Opening hours are Mon-Thur 9am-6pm, Fri 9am-5pm, Sat 10am-2pm.
