Personal Contract Purchase: PCP Car Finance Explained

Описание: PCP car finance, or Personal Contract Purchase, is one of the many ways to finance your car in the UK. In our video, we break down how PCP finance works so you can decide if it fits your wheels and your wallet. 🚗💡

What you’ll learn:

Deposits, monthly payments & that end-of-term balloon payment (or Guaranteed Future Value)
Mileage limits, wear-and-tear rules, and your exit options
How does it compare to other car finance options (like Hire Purchase)
Who PCP might be perfect for (and when to steer clear)

00:00 Intro
00:25 What is PCP car finance?
01:05 How PCP finance works?
01:48 Is PCP the right option for you?
02:33 Pros & Cons of PCP finance
02:57 Key takeaways

Find out more: https://www.carmoola.co.uk/car-financ...

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Try our free car finance calculator: https://carmoola.app.link/pfEQYteekUb

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Representative 13.9% APR. Finance is subject to status and is only available to mainland UK residents aged 18 and over with a full driving licence. Acceptance is subject to the vehicle meeting approval criteria. Terms and conditions apply. Borrow responsibly.