PERSONAL CONTRACT PURCHASE
Here at F12 Performance, PCP finance is the number one option when looking to spread the cost of your new vehicle. At the end of a PCP you will have three options: return the vehicle, purchase the vehicle by paying the final balloon payment, or part exchange using any equity you have built up in the vehicle.
HIRE PURCHASE
Hire purchase is an alternative way to finance your new car, where you, the buyer, agree to make a series of equal instalments over a fixed term until the full purchase price of the vehicle is made. Unlike PCP, a HP agreement has no balloon payment at the end, and you will own your car outright.