Personal Contract Purchase (PCP) is the perfect way to buy the Isuzu D-Max of your choice with lower monthly payments.
Personal Contract Purchase (PCP) can help you to buy your dream car with lower monthly repayments than a hire purchase product as a large proportion of the amount you repay is deferred into an optional final repayment. You will pay more interest on a PCP agreement that a HP agreement for the same loan amount, term and APR* as your balance reduces more slowly due to the optional final repayment.
HOW IT WORKS
Agree an initial deposit and term with the dealer and decide how many miles you'll travel each year.
The dealer will then work out the monthly repayment amount and the optional final repayment amount, which is based on the anticipated value of the vehicle at the end of the agreement.
At the end of your agreement, you can part exchange the vehicle, return the vehicle (return conditions apply) or pay the optional final repayment and own the vehicle.
International Motors Finance buys the car on your behalf and owns the car for the duration of the finance agreement.
After you've made all the repayments include the optional final repayment and any interest, you will become the owner of the vehicle.
THINGS TO CONSIDER
You must be 18 years old and a permanent UK resident.
You must have fully comprehensive insurance.
You must have the relevant driving license for the vehicle.
The vehicle is at risk of repossession if you do not maintain contractual repayments.
