Personal Contract Purchase (PCP)


PCP, or Personal Contract Purchase is the best option if you would like to have flexibility at the end of your agreement.  Just pay a deposit up-front, then a number of fixed monthly instalments, so you know exactly what it’s going to cost each month. At the end of the agreement, usually 24 to 48 months, you can choose what you want to do next.

See the latest PCP offers at


 Choose your deposit, term and mileage*

 Fixed monthly instalments

 Change your car more regularly

 Flexibility to Return, Retain or Replace your car at the end of your contract*

*Optional Final Payment, excess mileage and damage charges may apply, check your contract for details

See our short video below explaining the basics of how a PCP deal works:


Coronavirus Update

As you will be aware, on 23 March 2020 the Government initiated important and severe measures to combat against Coronavirus (COVID-19), including an instruction that all individuals should stay at home unless absolutely necessary as well as the immediate closure of non-essential businesses and services.

In light of the Government mandated lockdown to prevent the spread of this global pandemic and, in order to protect our customers, staff and suppliers, we are temporarily unable process your handback request at this time. We are in constant review of the Government guidelines and as soon as these measures are relaxed, we will contact you to fulfil your end of term handback. In the meantime, please do continue to comply with the terms of your agreement.

We understand that you may have financial concerns or wish to make use of your vehicle for a longer period. Rest assured, we’re here to help. To find out more, please communicate your request via our e-mail and one of our agents will be in touch to support your requirements -

If you are unable to contact us by email, you are able to phone us on 0344 871 5595 Monday to Friday between 8AM and 5PM.

We appreciate that this is a challenging time and would like to thank you for continued patience and understanding during these uncertain times.

FAQ: I can’t handback and don’t require a loan extension, what do I need to do

If you don’t require a loan extension, you will still need to ensure the vehicle is appropriately insured as per the contract. When the situation improves as directed by the Government, we will make contact and advise what steps are to be taken.

When you get to the end of your PCP agreement, you have three options:

OPTION 1: Use your car as a part-exchange and use any equity as a deposit for your new car

OPTION 2: Make your optional final payment (Guaranteed Future Value - GFV) to keep the car so it’s all yours and ownership will transfer to you 

OPTION 3: Hand it back with nothing to pay (subject to mileage, condition and arrears checks)

To return your vehicle please read all of the following documents:

Once your appointment has been confirmed please refer to all 3 documents above, prior to arrival. You can see the latest PCP offers at


PCP is available for business, however, it is limited to our range of cars only. If you want to finance a van or LCV instead please look at our Finance Lease, Conditional Sale and Contract Hire products. 

What makes PCP different is that your monthly repayments cover the depreciation of the vehicle, and not its entire value, over the course of the term.  It also gives you flexibility at the end of the contract. With PCP you can also use capital allowances to offset against taxable profits.


  Choose your deposit, term and mileage*

  Qualifies for capital allowances**

  Option to keep, hand back or exchange your car*

*Optional Final Payment, excess mileage and damage charges may apply, check your contract for details
**Please seek independent tax advice to find out which finance product is right for your business.

Use PCP to finance your business's next car