WHAT IS PERSONAL CONTRACT PURCHASE?

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 D-Max 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.

For more important considerations & your rights download our car finance guide.

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Financial Disclosure

Warners of Gloucester Limited trading as Warners Tewkesbury and Warners Gloucester is an Appointed Representative of Automotive Compliance Ltd who is authorised and regulated by the Financial Conduct Authority (FCA No. 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Warners of Gloucester Limited trading as Warners Tewkesbury and Warners Gloucester to act as a credit broker, not a lender, for the introduction to a limited number of lenders, and to act as an agent on behalf of the insurer for insurance distribution activities only.

We are a credit broker and not a lender. We can introduce you to a carefully selected panel of lenders, which includes manufacturer lenders linked directly to the franchises that we represent. We act on behalf of the lender for this introduction and not as your agent. We are not impartial, and we are not an independent financial advisor.

Our approach is to introduce you first to the manufacturer lender linked directly to the particular franchise you are purchasing your vehicle from, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to whichever of the other lenders on our panel is able to make the next most suitable offer of finance for you. Our aim is to secure a suitable finance agreement for you that enables you to achieve your financial objectives. If you purchase a vehicle, in the majority of cases, we will receive a commission from your lender for introducing you to them which is either a fixed fee, or a fixed percentage of the amount that you borrow. This may be linked to the vehicle model you purchase.

Different lenders pay different commissions for such introductions, and manufacturer lenders linked directly to the franchises that we represent may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement; however, you will be contributing towards the commission paid to us with the interest collected on your repayments. Before we propose you to a potential lender, we will inform you of the likely amount of commission we will receive and seek your consent to receive this commission. The exact amount of commission that we will receive will be confirmed prior to you signing your finance agreement.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over. Guarantees may be required.

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