Personal contract purchase
id:
personal-contract-purchase-318-16443909
title:
Personal contract purchase
text:
Personal contract purchase (PCP), often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, similar to both personal contract hire and a traditional hire purchase. Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period, leaving a final balloon payment to be made a
brand slug:
wiki
category slug:
encyclopedia
description:
Type of purchase
original url:
https://en.wikipedia.org/wiki/Personal_contract_purchase
date created:
date modified:
2024-01-11T22:38:54Z
main entity:
{"identifier":"Q7170570","url":"https://www.wikidata.org/entity/Q7170570"}
image:
fields total:
13
integrity:
14