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PCP, or Personal Contract Purchase, is a type of car financing agreement that has become increasingly popular in the UK. With a PCP, you pay a deposit and then a series of monthly payments to use a car. At the end of the agreement, you can return the car, trade it in for a new one, or pay a final lump sum to own the...

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PCP, or Personal Contract Purchase, is a type of car financing agreement that has become increasingly popular in recent years. With a PCP, you pay a deposit and then a series of monthly payments to use a car. At the end of the agreement, you can either return the car, part-exchange it for a new one, or pay a final lump sum to own the...

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