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| Personal Contracts |
Personal Contract Purchase provides the benefits of driving a higher specification vehicle for a lower monthly payment, it provides flexibility allowing motorists to change their vehicle more often.
Unlike the traditional purchase plan, this is achieved by deferring a percentage of the total cost of the vehicle to the end of the contract.
To purchase a vehicle on PCP you pay an initial deposit, and then make equal monthly instalments over a period of 1, 2, 3, or 4 years.
At the end of the period there is a ‘Guaranteed Future Minimum Value’ (GFMV) for the vehicle, giving you the customer three alternative choices:
1. Pay the GFMV in one lump sum and take full ownership of the vehicle
2. If the vehicle is worth more than the GFMV, you can use it as a part exchange to purchase a new vehicle and use your excess amount as full or part deposit.
3. If the vehicle is worth less than the GFMV, then just hand it back to the finance company and purchase a new vehicle. |
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| 530D SE Automatic |
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Our Price : £9,750
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| 45 1.6 Club SE 4 door |
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Our Price : £2,700
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| Laguna 1.9 DCi Extreme Estate |
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Our Price : £4,750
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