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Personal Contract Purchase (pcp) Explained

In essence, PCP is pretty much just a long-term rental where monthly payments are made on a vehicle over a set period of time. This deal can be supplemented with various other extras at an additional cost, such as servicing cover etc.
PCP is part of a growing trend; it's one of the many financing and leasing methods that people are using as an alternative to outright purchases. Buying a car only causes financial struggle, stress and hassle. By investing in PCP you can be certain to get a stress-free and cost-effective deal.
Nowadays it makes so much more sense to lease or finance a vehicle, especially with the advent of online car buying sites. These allow the visitor to search and compare a wide range of offers and request quotes.
Acquiring a large group of quotes is one of the easiest ways to ensure that you get the best deal possible. With such a wide range of prices available to you are more likely to find the cheapest, as well as having some power when negotiating with dealerships because of your knowledge.
When ...
... the negotiations take place (after you've found a dealership and a quote you're happy with) you'll be asked a series of questions which determine the monthly payments you'll be making. Not to worry, it's only simple stuff like your estimated fuel consumption.
If you think that PCP could really be the best option for you then why not take your time and research it via a more in-depth guide or article. Being prepared is the best way to get the cheapest deals around!
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