Personal Contract Purchase (PCP) is a flexible way to fund the car of your dreams. The key benefit is that you can optimise the finance terms to suit your budget, lifestyle, and other needs. Let us summarise some popular cars and their indicative finance terms.
Alfa Romeo Giulia 2.0 TB Sprint Convenience Pack
Cash price: £38,856
PCP monthly payment: £451
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 4.9%
Manufacturer finance contribution: £750
The Alfa Romeo Giulia is a fashionable executive saloon which stands out from the crowd. Key strengths include the sporty handling that makes it fun through the corners, its curvaceous bodywork, and the beautifully styled cabin. On the downside, whereas the boot is spacious it can be tricky to pack large items due to its shape. It is shallow, but this is typically of a saloon.
Audi A1 25 TFSI Technik
Cash price: £19,587
PCP monthly payment: £203
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 7.7%
Manufacturer finance contribution: £0
The Audi A1 is a small car with a posh badge. That is a rare combination. This workhorse has sure-footed handling which is typical of the brand. It has a comfortable ride, too. The A1 is also spacious for its size, well equipped for the money, and it feels well screwed together. The styling is purposeful and modern.
BMW 118i 136 SE Live Cockpit Professional
Cash price: £26,772
PCP monthly payment: £319
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 6.9%
Manufacturer finance contribution: £0
The BMW 1 Series is the most affordable vehicle in the manufacturer’s range. Euro NCAP – the independent body that assesses safety – crash tested this small car then gave it a maximum five star rating. This hatchback also handles nicely and has a good infotainment system. There is a negative, though. The exterior styling is rather controversial. It is love it or hate it.
Citroen C3 1.2 PureTech 83 You
Cash price: £13,995
PCP monthly payment: £193
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 9.9%
Manufacturer finance contribution: £0
The Citroen C3 is a practical, low cost, and memorable hatchback that has distinctive features. Highlights include its side airbumps. These raised rubber ‘bubbles’ sit low on the doors to protect the paintwork. They come in handy if you open your door then accidentality hit another vehicle, a wall, or any other damaging object. The Citroen is also nicely equipped for the price.
Cupra Formentor 1.5 TSI 150 VZ1
Cash price: £29,584
PCP monthly payment: £269
Length of contract: 4 years
Mileage allowance: 10,000 per annum
APR: 2.9%
Manufacturer finance contribution: £1,500
The Cupra Formentor is a crossover vehicle that makes an impression. It has muscular coupé styling, a sporty badge, and youthful image. The manufacturer emphasises such things via its marketing. The Formentor is more than image, though. It drives nicely, feels well built, and has plenty of space for a family. Standard equipment includes adaptive cruise control and LED lights.
Dacia Sandero 1.0 TCe Essential
Cash price: £13,595
PCP monthly payment: £153
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 5.9%
Manufacturer finance contribution: £0
The Dacia Sandero is one of the cheapest new cars in the UK. It still has its strengths, though. This supermini is practical, easy to drive, unpretentious, and spacious for its size. It has low running costs, too. This workhorse does feel built to a price, but that is to be expected. Standard features include air conditioning.
DS 4 1.2 PureTech Performance Line
Cash price: £29,064
PCP monthly payment: £376
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 8.9%
Manufacturer finance contribution: £250
The DS 4 is a crossover vehicle that has a modern interior, purposeful looks, pleasing equipment specification, and decent handling. It is no sports car, though. It is a cruiser. The DS 4 also has a comfortable ride and a large boot. It is a practical, no-nonsense, easy to live with family workhorse for a modest price.
Fiat 500 1.0 Mild Hybrid Dolcevita
Cash price: £15,682
PCP monthly payment: £186
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 5.7%
Manufacturer finance contribution: £1,000
The Fiat 500 is one of the most distinctive city cars on the market. Strengths include the association with its now classic predecessor, the 1957 Fiat 500. It shares its look, purpose, and character. People like that. This fashion statement is also easy to park thanks to its pint-size proportions, cheap to run, and it makes people smile. The Fiat 500 is more than the sum of its parts.
Ford Fiesta 1.1 Trend
Cash price: £18,057
PCP monthly payment: £225
Length of contract: 3 years
Mileage allowance: 9,000 per annum
APR: 4.9%
Manufacturer finance contribution: £1,000
The Ford Fiesta is one of the best selling cars in the UK. This supermini’s handling is among the best in class, it has low running costs, room for a small family, and plenty of gadgets. This trim has a heated windscreen, for starters. It also has an eight inch screen on the dashboard and cruise control. The Fiesta is comfortable, too. The front seats are supportive and it rides well.
Honda Jazz 2.0 i-MMD Hybrid SE
Cash price: £20,214
PCP monthly payment: £226
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 6.9%
Manufacturer finance contribution: £0
The Honda Jazz is a practical, spacious, and unpretentious small car. As is typical of the brand, it feels built to last and more robust than many rivals. The handling is unremarkable, though. Standard equipment on this trim includes automatic lights and windscreen wipers, climate control, adaptive cruise control, and power-fold mirrors. The low running costs add to this car’s appeal.
Hyundai i10 1.0 MPi SE
Cash price: £12,800
PCP monthly payment: £157
Length of contract: 4 years
Mileage allowance: 8,000 per annum
APR: 5.9%
Manufacturer finance contribution: £0
The Hyundai i10 is a no-nonsense city car. It does not try to be fancy, flash, or show off to the neighbours. It just gets on with its job. That is refreshing. Strengths include the low running costs, practical five-door layout, and the longer than typical manufacturer warranty. The cabin pleases, too. Unlike many modern vehicles, the controls work intuitively and are not overly complex.