What is PCP Finance?

With Vanwise, there are many flexible finance plans to choose from and get you moving sooner than you might think in the car or van of your choice. If you like driving different models and having the choice of changing your driving options, we recommend a Personal Contract Purchase (PCP) plan.

How does it work?

Through a PCP on the vehicle of your choice, you can benefit from reasonably low monthly payments, depending on the model. After an initial deposit, you lease the car for a fixed, agreed term. At the end of the term on a PCP plan, you have the choice of three options:

  • return the car and take out a new lease on a different model;
  • return the car and walk away; or
  • make a final ‘balloon’ payment to take ownership of the car.


Fixed, low monthly payments will allow you to afford brand new models. Many drivers opt for a PCP plan due to the lower monthly payments when compared to HP, and they like having the option of changing their set of wheels every three years.

Who is this finance option suitable for?

Drivers who enjoy driving the latest models with hi-tech features will enjoy PCP, as they can upgrade their car every few years. Young drivers particularly like PCP for this reason, and it can also help credit ratings.

Important points

PCP is like renting a car. You are paying off the cost of its depreciation and the car is not yours, unless you decide to pay the balloon payment at the end. Speak to one our specialist advisers about the car or van of your choice and we can provide a forecast on what you can expect to pay.

General Terms and Conditions

Please note you will not own the vehicle outright until all payments are made.
If you default on your finance payments, then the vehicle may be repossessed by the finance provider.
You must be 18 years or older to apply for finance.
Finance is not guaranteed, and any finance application is subject to a credit check and individual circumstances.
The finance provider will have their own Terms and Conditions, please contact them directly for further information.

Contact our team today for more information on our wide range of used vans and available finance options. Feel free to call or enquire online and our specialists will get back to you.