Personal Contract Purchase

Personal Contract PurchasePCP or Personal Contract Purchase is a fixed term agreement which offers flexibility combined with low monthly repayments.

The customer simply chooses the vehicle, period of agreement, deposit and anticipated annual mileage and is provided with an agreement offering fixed monthly repayments with the following end of term options:

  • Pay the Guaranteed Future Value (GFV) which is the amount guaranteed by the finance company. On payment of the GFV ownership passes to the customer.
  • Hand the vehicle back to the finance company subject to mileage and condition requirements

Refinance the GFV over a further agreed repayment period.


  • New cars
  • Used cars (vehicles from 3.5 to 5 years old and less than 60,000 miles)
  • Terms available: 24-48 months
 Who Qualifies:

  • Private Individuals
  • Directors
  • Limited Companies
  • Partners
  • Sole Traders
  • Self Employed