Need a PCP Car Deal?
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Citroen C1 PCP Car Leasing Deals from £72.95 per month |
Fiat 500 PCP Car Leasing Deals from £79.22 per month |
Seat Ibiza Coupe PCP Car Leasing Deals from £88.39 per month |
Vauxhall Corsa PCP Car Leasing Deals from £98.67 per month |
Hyundai i10 PCP Car Leasing Deals from £99.16 per month |
Vauxhall Astra PCP Car Leasing Deals from £149.88 per month |
Ford Fiesta PCP Car Leasing Deals from £125.54 per month |
Nissan Juke PCP Car Leasing Deals from £165.95 per month |
Audi A1 PCP Car Leasing Deals from £128.95 per month |
VW Golf PCP Car Leasing Deals from £145.46 per month |
Vauxhall Insignia PCP Car Leasing Deals from £146.36 per month |
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Grand
Picasso (7 seats) PCP Car Leasing Deals from £156.27 per month |
Audi A3 PCP Car Leasing Deals from £162.72 per month |
Mercedes A Class PCP Car Leasing Deals from £168.95 per month |
BMW 3 Series PCP Car Leasing Deals from £188.36 per month |
Mercedes C Class PCP Car Leasing Deals from £188.94 per month |
Renault Kadjar PCP Car Leasing Deals from £189.67 per month |
VW Touran
(7 seats) PCP Car Leasing Deals from £192.42 per month |
Volvo V40 PCP Car Leasing Deals from £193.45 per month |
Ford Ranger PCP Car Leasing Deals from £198.19 per month |
Ford Galaxy
(7 seats) PCP Car Leasing Deals from £198.21 per month |
Volvo V60 PCP Car Leasing Deals from £198.23 per month |
BMW 5 Series PCP Car Leasing Deals from £199.95 per month |
Ford Kuga PCP Car Leasing Deals from £214.77 per month |
Mitsubishi Outlander PCP Car Leasing Deals from £219.95 per month |
Mercedes E Class PCP Car Leasing Deals from £224.99 per month |
Jaguar XF PCP Car Leasing Deals from £228.39 per month |
Peugeot 5008
(7 seats) PCP Car Leasing Deals from £238.97 per month |
Volvo XC60 PCP Car Leasing Deals from £249.95 per month |
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Audi A5 Coupe PCP Car Leasing Deals from £292.55 per month |
BMW X3 PCP Car Leasing Deals from £294.92 per month |
What is PCP Car Leasing?
PCP Car Leasing, also known as Personal Contract Purchase, is fast becoming one of the most popular ways of financing the new car of your choice, simply due to its flexibility.
You choose the car, the deposit, how long you want the contract to run for and the mileage you intend to do and in return you get fixed cost motoring for the term of the contract.
At the end of the contract you have a choice to either buy the car outright for an agreed lump sum (the GFV or final balloon payment), or hand the vehicle back to the lender and walk away with absolutely no further obligation.
Why are the monthly costs lower?
When you take out a PCP (Personal Contract Purchase), the car that you have chosen will be given a guaranteed future value or GFV. This is a calculation made by the lenders that is set for the period of the contract. The GFV plus any deposit you have made will be deducted from the cash price of the new car and your monthly payments will be calculated based on the outstanding balance, plus interest on the balance and the GFV, meaning that in essence you are only financing the depreciation of the new car.
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