PCP (Personal Contract Purchase)
is a simple cost effective way to buy your new or nearly new vehicle.
You choose the vehicle, the deposit, how long you want the contract to run for and the mileage you intend to do. You will then receive a quote for fixed cost motoring for the length of the contract. At the end of the contract you have a choice to either buy the vehicle outright for an agreed lump sum (the Guaranteed Minimum Future Value or final balloon payment), or hand the vehicle back to the lender.
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60 HP Payments
Hire Purchase (HP)
£484.90/month, % APR
£484.90
/mo
Inc VAT
Weekly equivalent of
£111.90
Hire Purchase (HP)
Customer Deposit |
£1,000 |
60 Monthly Payments Of |
£484.90 |
Weekly Equivalent Of |
£111.90 |
Cash Price |
£24,995 |
Amount of Credit |
£23,995 |
Fees |
NIL |
Total Amount Payable |
£30,093.94 |
Duration of Agreement |
60 Months |
Fixed Rate of Interest |
4.25% |
Representative 7.9% APR (Fixed)
Takes into account any fees associated to the loan in
addition to the
interest rate. This is considered to be the best indicator of the cost of credit.
|
All prices including VAT |
|
Prices available exclusively to taxi drivers and operators. Proof of a valid licence will be required to purchase.
Taxi Centre is a trading name of Grantham Motor Company Limited. Company registration number 04722957. VAT Registration number 902737238. Registered office: Vertu House, Fifth Avenue Business Park, Team Valley, Gateshead, NE11 0XA
Lease
Personal contract hire is very similar to normal contract hire but is exclusively for private individuals. This is one of the most common forms of leasing.
With a personal contract hire agreement you take control of a vehicle for a contractual period - usually referred to as the 'lease period'. You will make fixed monthly payments for the duration of the contract - when the contract expires you will simply return the vehicle and take out a new personal contract hire lease. PCH means you never have to worry about resale values of your vehicle.
Call us for more details on
Lease
Personal contract hire is very similar to normal contract hire but is exclusively for private individuals. This is one of the most common forms of leasing.
With a personal contract hire agreement you take control of a vehicle for a contractual period - usually referred to as the 'lease period'. You will make fixed monthly payments for the duration of the contract - when the contract expires you will simply return the vehicle and take out a new personal contract hire lease. PCH means you never have to worry about resale values of your vehicle.
Call us for more details on