Balloon Payment Dealerships Down Payment 
Car Examer
NOVEMBER 2, 2024
Here’s a straightforward guide to the most common dealership terms you’ll hear at UK dealerships. When you’re buying a car, especially for the first time, the terminology used at UK car dealerships can feel overwhelming. Book inspection 1. PCP (Personal Contract Purchase) PCP is a popular way to finance a car in the UK.
Car Examer
OCTOBER 19, 2024
Personal Contract Purchase (PCP) PCP is a popular financing option because it often comes with lower monthly payments. You pay a deposit, followed by smaller monthly payments, and at the end of the contract, you have three options: pay a final balloon payment to keep the car, return it, or trade it in for another.
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