Personal Contract Purchase (PCP)

What is PCP?

Personal Contract Purchase (PCP) gives you the option to pay for your vehicle in monthly instalments for an agreed period of time – usually between 18 and 49 months. At the end of the agreement, you will have the option to own, part-exchange or return the vehicle subject to final settlement, option to purchase, and excess mileage fees.

Monthly repayments will be determined by:

  • Your deposit
  • Your repayment period
  • Your mileage over an agreed period
  • Optional final settlement figure.

Benefits of PCP

  • You can choose the length of the agreement to suit your monthly repayment budget
  • Deposits can be lower
  • Offers flexibility for those who may wish to change their vehicle more regularly
  • Final settlement figure known as Guaranteed Future Value (GMFV) is agreed at the start of the contract
  • Option to own, part-exchange or return the vehicle at the end of the agreement term
  • Can protect you from unforeseen depreciation of the vehicle’s value.

What do I need to know?

  • You must keep up with your monthly repayments
  • You are the registered keeper during the term of the agreement so will be responsible for insuring and maintaining the car
  • You will not own the vehicle until you have paid the GMFV and any option to purchase and/or excess mileage fees
  • If you decide to part exchange the car for a new model, and if there is any equity over and above the GMFV this can be used as or towards a deposit for your next vehicle
  • If your car is worth less than the GMFV, you can simply hand the car back to the finance company. Additional charges will apply should you have exceeded your agreed contract mileage or if the car has suffered damage or excess wear and tear. Subject to that, no other charges should be payable assuming you have paid all agreed payments on time.


Jardine Motors Group is a credit broker and not a lender and is authorised and regulated by the Financial Conduct Authority for credit-related regulated activities and insurance distribution activities.

We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Each of these finance companies will have their own deposit requirements, interest rates and terms and conditions, including those relating to status and affordability, and it is important that you consider these carefully when discussing your options. We do not charge you a fee for an introduction to the lender, but we will receive a commission from the lenders we work with. This will be calculated by reference to the vehicle model, whether the vehicle is new or used, the age of the vehicle and/or the amount you borrow. Different lenders will pay different commissions for such introductions, and our manufacturer partner lenders will also provide preferential rates to us for the funding of our vehicle stock. The amount that they and other lenders pay us will not affect the amount you pay under your finance agreement, all of which are set by the lender concerned.

If you would like further information, please email before you enter into your finance agreement.

To find out more, please contact Jardine Motors Group today by clicking the button below:

Submit Enquiry

Do you need additional support?

We are happy to consider any additional needs or support you may require during your finance purchase at Jardine Motors Group.If you require any additional support prior to the purchase of a new or approved used vehicle, then please speak to our Customer Services team on 0800 012 5050 or email:

They are available 9am - 5pm Monday to Friday.