Car Examer

NOVEMBER 2, 2024

Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. With PCP, you pay lower monthly payments because a large portion of the car’s cost is deferred until the end of the agreement. It’s often called the balloon payment. Book inspection 1.

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Car Examer

OCTOBER 19, 2024

Fixed monthly payments : This makes it easier to budget since your payments stay the same. No restrictions : You won’t have any mileage limits or conditions to worry about. Personal Contract Purchase (PCP) PCP is a popular financing option because it often comes with lower monthly payments.

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Car Examer

JUNE 26, 2024

Book inspection Personal Contract Hire (PCH) is a type of long-term vehicle leasing where you essentially rent a car for a fixed period and mileage limit, usually between 2 to 4 years. Set Terms : Agree on the contract length, annual mileage limit, and any additional services like maintenance and servicing.

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Termination Fee Mileage Limit Early Termination Fees Balloon Payment 59