Personal contract purchase for car finance

Wed, 30 Apr 2008



Personal contract purchase is one way of purchasing a new car without paying the full balance up front.

An alternative to standard dealer car finance or personal loans from banks or building societies, personal contract purchase lets the consumer purchase the vehicle in return from low monthly repayments .

After putting down a deposit for a car, the buyer pays off a series of repayments over a set term. When this finance term comes to an end, the buyer can choose to purchase the car with a balloon payment, or hand the car back.

The cost of personal contract purchase will depend on the vehicle chosen, the amount of money put down, the provider of the policy and the length of the contract. Read more about personal contract purchase in the guide below.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

 

Advice section: Pros & Cons | Finance Tips | Running Costs | Payment Options
newsnews rss
Car Finance news
Welcome car finance successful first quarter - Fri, 09 May 2008
Irish car history check service - Thu, 08 May 2008
Avoid finance against car - Wed, 07 May 2008
More News
Car finance partners
Car Loans