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Used Car Personal Contract Purchase

There are a number of finance packages to choose from with us, including Personal Contract Purchase (PCP). It's one of the most popular and flexible methods of car finance.

We're sure you'll found the ideal model from within our varied, wide-ranging selection of Approved Used vehicles, yet you can also try another. PCP terms make it easier to change vehicles and start a new PCP agreement.

Both the deposit amount and interest rate are set at the start of the agreement, in line with your budget. As well as competitive monthly payments, a 'balloon payment' will be deferred to the end of the term. This is based on the vehicle's Minimum Guaranteed Future Value. The balance between the monthly and balloon payments will represent your circumstances and how much you can afford.

When the agreement is coming to an end, you can make the balloon payment to own the car. You could also choose to simply return the vehicle with no further payments required, or use its part exchange value to take out a new PCP plan with a different model.

The video below provides more details on Personal Contract Purchase and other car finance options. To choose a vehicle and the most suitable finance plan, make an appointment with a specialist at FRF Motors Car Warehouse in Swansea or Bridgend.