What is PCP Car Finance?

Personal Contract Purchase (PCP) is a popular financing option for individuals looking to acquire a vehicle. It allows you to enjoy the use of the car while spreading the cost over a fixed period. With PCP, you have the flexibility to decide whether to purchase the vehicle outright at the end of the contract or return it to the dealer.

How does it work?

Under a Personal Contract Purchase (PCP) agreement, you commit to paying a deposit and regular instalments over an agreed period. During this time, you can use the vehicle. At the end of the contract, there's an option to purchase the car outright or return it, depending on the agreement terms.

  • Contract agreed
  • You gain control of vehicle without ownership
  • All instalments paid
  • Choose to buy ownership or return to dealer at end of term

Pros and Cons

  • Lower monthly payments
  • Flexibility at end of term
  • Mileage restrictions
  • Ownership considerations

How do I apply for PCP Car Finance?

Speak to our finance experts using the form or give us a call!

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Speech Marks

The service I got today was amazing. Big thanks to Shane for getting my finance sorted quick and easy 10 out of 10

Alexander Fowler

Speech Marks

I was very impressed with the speed and efficiency of Holmesdale finance. They came back to me within 30 mins with a very competitive quote on numbers and actually helped advise on the best way to structure the deal.

Gavin Arber

Speech Marks

Daryl and Shane went above and beyond to help me finance my dream car. They worked tirelessly throughout the process and kept me well informed, and when a few extra demands were requested last minute, they really stepped up and helped push it over the line..

Kelv D