What Is Personal Contract Purchase Finance?
If you’re looking for a car on PCP finance then look no further, because Car Loans UK has got you covered.
PCP (personal contract purchase) car finance is a form of loan agreement that allows you to purchase a car.
Not to mention the difference between using a PCP loan to buy a vehicle and a typical personal loan. Is that the loan doesn’t pay off the full value of the car. Because you won’t own the car once you have made the final payment. Unless you make an additional optional final repayment. The payment is then calculated again using GMFV. GMFV is an estimate of what your car will be worth at the end of a PCP contract.
However, this is usually reflected in lower monthly repayments. Additionally, we at Car Loans UK will compare PCP car finance deals and find the perfect vehicle as well as the perfect PCP finance quote to suit you.