Tag Archives: PCP

Vauxhall became the latest carmaker to introduce incentives to boost sales of electric vehicles. Vauxhall’s five-year PCP on electric models allows monthly payments to be spread over a longer period, helping to achieve monthly cost parity with a petrol variant of the same model on a four-year PCP. It has launched new PCP offers with equivalent monthly payments between electric ...

Leasing a battery electric vehicle (BEV) is on average 18% cheaper than funding a new vehicle on personal contract purchase (PCP). According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 13 of those models. Across the list, the highest cost difference was 31%, with the average difference in ...

Nissan is aiming to drum up post lockdown sales with the launch of a three month PCP payment holiday for its line-up. The offers are available on the all-new next generation Juke and the electric LEAF, plus Micra, Qashqai, X-Trail, Navara and e-NV200 models. In addition, selected Micra grades, Qashqai N-TEC and X-Trail N-TEC models are also available with 0% ...

There is a surge in dealer stock of good condition, low mileage, three-year-old cars. CarGurus has indicated that this is good news for used car buyers, who can now take advantage of an influx of ex-PCP models, three years after the peak in finance packages. New car sales reached a record-high in 2016 with an estimated 86% bought on finance ...

cap hpi has refuted claims that negative equity is shifting to PCP payments in the UK car market, resulting in financial difficulties for consumers. Andrew Mee, head of forecast UK at cap hpi said: “PCP is a really useful tool for motor manufacturers and dealers. “From the consumer’s perspective, they are not really impacted in negative equity in the same ...

Startline Motor Finance is claiming a big success with its new ‘flexible’ PCP product. The finance firm said that half of all the business it writes with TrustFord Now uses product, just six months after its launch. It is offered by Trust Ford dealerships and designed as an alternative source of funding when applicants are declined by more traditional prime lenders. Startline said it ...

Vertu has bought online van retailer www.vansdirect.co.uk based in Newport, South Wales for £7.5m. The Vans Direct business was founded in 1999, billing itself as a specialist in the supply of new vans, finance, contract hire, hire purchase, offering direct delivery across the UK. For the year ended 31 October 2017, it reported revenues of £34.6m, a gross margin of ...

Discounts in the large SUV sector have leapt 23% in the last 12 months, according to new research. What Car? revealed that the average discount on a large SUV is now £3,087, up from £2,502 a year ago. Dealers are offering cuts of as much as 10% on even prestige models such as the Audi Q5, Mercedes-Benz GLS and Volvo ...

The value of ex-PCP cars fell in July, the second consecutive month to show a decline, according to data from Cazana. The business, which  tracks millions of vehicles for sale on a daily basis, said falling PCP values could be a ‘potential issue’ with the September plate change and moving into the final quarter of 2018. “For the second month ...

Premium German Mercedes, Audi and Volkswagen continue to dominate the leasing market offering strong monthly deals. Data on the first half of 2018 data from ContractHireAndLeasing.com revealed that the average list price of a vehicle enquired about through the website was£33,762. Paul Harrison, head of strategic partnerships at the leasing website said the market was driven by ultra- competitive monthly ...