Nine in 10 new cars sold in the UK are financed, with many drivers choosing a personal contract purchase (PCP) deal. Compared with the many other forms of financing, PCP offers lower monthly payments, ...

More than three-quarters of all privately bought new cars are purchased on personal contract purchase (PCP) deals. It’s by far the most popular way to finance a new car because it offers lower monthly ...

Few of us can walk into a car dealership with a big movie-style briefcase full of crisp banknotes and pay for a car in cash. That’s why car finance packages exist, allowing people to pay for a car in ...

If the figures are to be believed many of you will be going out in January to buy a new car. Will you spend your hard earned cash or go the finance route? Taking a Personal Contract Plan or PCP might ...

Buying a car has always been about compromise. Do you stretch your budget for the latest model, or settle for an older one ...

The Irish car trade is becoming increasingly nervous that its reliance on cheap, subsidised PCP (Personal Contract Purchase) finance is building a castle of debt on the sand of a falling market. PCPs, ...

It may be a trope, but if it’s too good to be true, then it generally is. If you were to believe some of the promotions flying around car dealer forecourts, you could be driving away in a brand new ...

When it comes to financing a new or used car, personal contract plans (PCPs) have become hugely popular. Industry sources say around one in three buyers are opting for them, with some dealers ...

PCPs involve the payment of an initial deposit, followed by a series of low monthly repayments and then a large final payment at the end. The review, conducted by the Competition and Consumer ...

(personal contract purchase) is often marketed as an easy way to finance a motorcycle, but it comes with hidden downsides. this guide explains the risks, costs, and long-term drawbacks of pcp, helping ...