It’s always important to select the purchasing scheme that best meets your demands and which is flexible to your needs. One of the most versatile schemes available is a Personal Contract Purchase (PCP) agreement - enabling you to get behind the wheel of a new or used car for monthly repayments that are affordable and manageable.
As a variation on a standard Personal Contract Hire agreement, PCP offers a greater degree of versatility at the end of the contracted term, meaning you can choose to pay the outstanding balance to become the full owner of the model. This final payment - known as the Guaranteed Future Value - is calculated at the outset of the agreement and the monthly payments you make will pay off the difference between this and the full retail price. Of course, at the end of the agreement, you still have the option to return the vehicle with nothing more to be paid.
You can learn more about the specifics of a PCP arrangement through Vantage Motor Group by contacting a member of the team today. We’ll be happy to answer any questions you may have, so pick up the phone or submit an enquiry now.
