When you buy a car from South West Nissan, we make it our business to present you with all the suitable options for financing your purchase. One of those options is PCP (Personal Contract Purchase).
PCP is a financial agreement that can help you buy a car but it is very different to a loan. You make regular payments against the amount borrowed but you are required to make a one-off - or balloon - payment at the end of the agreement in order for you to own the car.
There are three main points to know about PCP agreements. Firstly, you will be required to provide a deposit. In some circumstances, South West Nissan may have deposit contribution offers available. Secondly, the repayment term of a PCP agreement is usually between 18 and 48 months, with 36 months being typical. Finally, you won’t own the car until you make the final balloon payment at the end of the agreement term.
To find out more about the PCP options that South West Nissan can offer you, get in touch today.