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Personal Contract Plan is a Hire Purchase Agreement which is broken down into three key elements:
With a PCP agreement, you’re not actually covering the cost of the car. All cars naturally lose value over time (which is referred to as depreciation). What you pay under a PCP agreement essentially covers the depreciation experienced during the agreement.
A PCP agreement will generally give you a lower payment as it offsets the GFV vs the total amount of the car.
| On The Road Price | £38,495.00 |
| Monthly Payments | £397.15 |
| Customer Saving | £900.00 |
| EV GRANT | £1,500.00 |
| Duration of Agreement | 48 Months |
| Customer Deposit | £7,519.00 |
| Total Amount of Credit | £28,576.00 |
| Total Amount Payable | £45,198.00 |
| Optional Final Payment | £19,103.00 |
| APR | 9.9% |
| Annual Mileage | 8,000 |
| Excess Mileage Charge | 10p per mile |
Established in 2008, we strive to create a better world of motoring and provide our customers with an unparalleled level of customer service.
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Eden Automotive Ltd/Eden Motor Retail Ltd is a credit broker not a lender. We work with a number of carefully selected lenders who may be able to offer you finance for your purchase. The lender will pay us a commission for arranging finance for you, upon request we can disclose these details to you. The lender will require a credit check and conduct an affordability assessment before making any offer of finance to you. All finance is subject to status. Terms and conditions apply.
FCA number: 305868/471208.