Home > finance > pcp

Personal Contract Purchase

Personal Contract Purchase (PCP)

Personal Contract Purchase (PCP) is a car finance option offered by Hendy Honda.

There are many benefits to choosing Personal Contract Purchase (PCP) as your finance option

  • Flexible deposit options, 0% deposit may be available subject to status (includes part exchange)
  • Lower payments mean you may be able to afford a newer car
  • Set payments to suit your budget.
  • Fixed payments
  • Interest rate fixed and competitive
  • Pay over chosen period 2 to 4 years (where applicable)
  • Available on cars up to 5 years old at start of agreement (must not exceed 85000 miles at the contract end)
  • No early settlement fees
  • You can borrow £1000 to £250000
 

There are three options at the end of agreement.

  • Pay off the deferred amount in full and keep the car (please note, you do not own the car until you make this final payment)
  • Hand the car back to the motor finance company
  • Trade the car in against another used car at Hendy Honda
SEARCH FOR YOUR NEXT CAR NOW
 

Please note the car will be used as security for the loan, just as a house is for a mortgage.

SEARCH FOR YOUR NEXT CAR NOW