Personal contract purchase also know as PCP is very similar to personal contract hire, but with one key difference.

At the end of the contract the car can be either returned to the PCP Company or you can take ownership of it.

This can be done by making a balloon payment agreed at the beginning of the contract at then end of the agreement.

As with personal contract hire a deposit usually 10% to 25% of the car's value is made. This is followed by fixed monthly repayments for the duration of the agreed contract period (typically two to five years).

The monthly repayments are typically much lower than a hire purchase plan, because you are only repaying a portion of the purchase price, plus interest.

The option to hand the car back is a benefit because it may be the case that the car has devalued more rapidly than the finance company had originally predicted.

We offer an extensive of hire purchase packages, flexible, affordable solutions, that are tailored to your requirements.

Once we have all the information we need (and subject to terms and conditions) the car could be with you inside 24 hours.