Specialists in car sourcing and funding for private individuals and business users.

Personal Contract Purchase (PCP)

Applicable to Private Individuals.



Key Features

  • Benefit from our buying power in the form of low monthly rentals
  • Guaranteed purchase price at the end of the contract
  • Fixed monthly rentals meaning efficient budgeting


PCP  is one of two funding methods which we offer for private individuals who may wish to opt out of a company car scheme or would like a car for private use. PCP gives you the benefits of leasing a vehicle combined with the option to then own it if you so desire. It is an easy and cost effective way to finance a vehicle.

Starting as a vehicle lease, PCP could give you a wider choice of vehicles as it can be taken without the large deposit requirements when buying a car. What's more you have the possibility of obtaining a new car as often as every two years.

Before you start your contract you have the option to add a full maintenance package for a fixed monthly cost. In times of financial uncertainty the reassurance of having fixed the costs associated with your car continues to prove very popular with our customers.

A guaranteed residual value or "purchase price" is set by the funder at the start of the contract, which gives you a number of options at the end, including:

  • Pay the final payment then sell the vehicle yourself using the proceeds as a deposit for your next vehicle
  • Keep the vehicle by paying the outstanding final payment
  • Keep the vehicle and re-finance the outstanding value over a longer period of time
  • Simply return the vehicle to us, we will then sell the vehicle on your behalf. Charges will be applicable if the vehicle is returned outside of BVRLA Fair Wear and Tear guidelines and if the vehicle is returned over the contracted mileage.

All of these options should be discussed with us in order that we can help to assess areas such as the used car market and your personal circumstances to ensure you make an informed decision.


Additional Features

  • Road Fund Licence is provided for the first 12 months of the contract, after that Network will continue to organise the RFL for you and then recharge this.
  • Maintenance can be added at an additional cost to include servicing / tyres etc

Things To Remember

  • You need to decide at the end of the contract whether to sell the vehicle, return it or keep it
  • You must have a fully comprehensive vehicle insurance

For more information about the benefits and suitability of PCP for you we recommend that you speak to us.


Professional Vehicle Solutions Ltd is Authorised and Regulated by the Financial Conduct Authority under FRN 660146 and is a Credit Broker not a Lender.