Personal Contract Plan

This is the most popular way to pay for a car and is ideal for customers who wish to change their car at intervals between 24 and 48 months, taking away the worry of depreciation.

How does it work?

Choose the car (new or used) you like
Choose the most suitable repayment period
Agree on your annual mileage
You are given a Guaranteed Minimum Future Value which becomes your optional final payment
You decide on the deposit and payments suitable for your budget
At the end there are three choices for you; part exchange your vehicle for another car, keep the car and pay the final payment or hand it back and have nothing further to pay.

What are the benefits?

Fixed monthly payments mean you always know what you will be paying, so there are no nasty surprises
A Guaranteed Minimum Future Value, so you know from day one the minimum you will receive as a part exchange in the future
Lower monthly payments than traditional forms of funding because the final payment at the end reduces your monthly commitment
Changing your car regularly saves money on repairs and maintenance