Personal Contract Purchase


Personal contract purchase works in exactly the same way as personal contract hire – but with one twist. This form of private car leasing gives you the option to buy at the end of the lease period.

A final payment is established between you and the leasing company at the beginning of the agreement, based on an estimate of what the car will be worth at the end of the term.

The benefits to you:

  1. A Choice at the end of the agreement whether to own buy the vehicle or hand it back.

Considerations

  1. You need to find the money to purchase the vehicle at the end of the agreement.
  2. Road tax is only included for the 1st year of the agreement.
 

Not sure if this is right for you? Take our 1 minute "Which finance option is best for me?" or get in touch and we'll help you

Testimonials


Nigel Lomax - TaxAssist Accountants Shrewsbury and Newport Testimonial

Stuart has advised a number of my clients who were looking to purchase a new vehicle. Everyone of them has told me about the great lengths that Stuart has gone to in order to find the best deal for them.

Nigel Lomax - TaxAssist Accountants Shrewsbury and Newport

Adam Smith - Director ASK & Farebrother Smith Testimonial

I was looking for 2 vehicles for my company ASK Mobile Phones, a commercial van and a 4x4. The deal on the commercial van was very competitive and the admin and delivery was as smooth and easy as it could be.

Adam Smith - Director ASK & Farebrother Smith

What is the best funding option for me?