The most popular way of financing your vehicle. You pay an initial deposit followed by a chosen amount of monthly payments and when all the payments are all made, the car is then owned by you.
Personal Contract Purchase
Gives you the flexibility of lower monthly payments, at the end of the term you will have the option to buy or to hand the car back. You will pay an initial deposit, followed by a chosen amount of monthly payments usually between 25 and 37 months.
Similar to Hire Purchase, however you can offset an amount of capital until the end of the agreement helping to reduce the monthly payments for the duration of the agreement.