Designed for the consumer, PCP utilizes the future value of a vehicle to reduce monthly costs. This value is guaranteed based upon an agreed predetermined annual mileage and allows an option to either purchase the vehicle for this price or simply return it to the Funder with no extra cost (subject to mileage and/ or condition). Service and maintenance facilities can also be included where required.

Benefits of personal contract purchase schemes:

• Initial payment requirements are generally low
• Pre-determined costs smooth out cash flow
• Rentals can include maintenance and Service Packages
• No purchasing, disposal hassles or risks
• Option to purchase the vehicle at the end of the contract
• No depreciation risk