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If you're thinking of buying a Peugeot, we've a range of flexible and cost effective finance packages to meet your needs. Our friendly finance experts will make everything easy to understand and will work out a solution that fits with your individual financial circumstances.
So, what is PCP? Well, this gives you the opportunity to choose a vehicle as well as the deposit, a maximum mileage and the length of the agreement. Once the agreed period is over, you will then be able to buy the car outright at an amount that has already been agreed upon. This amount is known as the GMFV (Guaranteed Minimum Future Value). If you do not want to buy the car outright then you can always return it back to the lender so long as it meets the sufficient fair wear and tear limits.
Once the agreement is over you can choose between these three options:
Option 1 - You can renew your vehicle. This means you can leave Norton Way Peugeot with a brand new Peugeot there and then. And, you can use any excess value over the GMFV as a deposit on your new vehicle.
Option 2 - Return it. So long as the car has not exceeded the agreed upon fair wear and tear limits, as well as the agreed mileage, you can return it with nothing more to pay.
Option 3 - Retain the car. All you have to do is pay the GMFV and you own the vehicle.
This is a traditional package we offer, which involves taking the total cost of the car, deducting the deposit amount and then choosing the length of the agreement. All that is left to do is add the interest and calculate the monthly instalments. Once all of the payments are met, come the end of the agreement, the vehicle is yours.
HP Benefits
PCH is a contract hire agreement that is suitable for renting selected Peugeot vehicles that we supply. You will not be able to sell the vehicle as it will not belong to you at any point in the agreement, which is mileage-based. Therefore, it is vital that your agreement reflects your predicted annual mileage.
Why choose PCH?
Call the Sales Team for further information about our car finance products.
In the event of total loss of your vehicle, your insurance cover will only pay the current market value. GAP covers the difference between the price you pay for your vehicle and the insurance settlement.
With the Just Add Fuel offer, we'll take care of servicing, car tax, warranty, breakdown cover and comprehensive insurance for 3 years, all in one simple monthly amount. All you have to do is just add fuel.
In case anything happens to your Peugeot you can rest assured that help will always be on hand.