Balloon Payment Term Termination Fee 
Car Examer
JUNE 20, 2024
Early Termination Fees If you decide to pay off your HP agreement early, you may face additional fees. It’s important to check the terms and conditions of your agreement. HP Car Finance vs. PCP vs. Leasing PCP (Personal Contract Purchase) Lower Monthly Payments : PCP generally has lower monthly payments compared to HP.
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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