Business Contract Purchase (PCP Pro) Explained

A popular way to own a brand new vehicle every 3-4 years. Designed specifically for businesses, a Stellantis Financial Services agreement offers fixed monthly payments and defers part of the cost to the end of the agreement, also known as the Guaranteed Future Value (GFV) or Optional Final Payment. This allows you the benefit of tailoring the monthly payments to suit your budget.​  At the end of the agreement you have 3 options:

1. Purchase the vehicle - simply pay the optional final payment Guaranteed Future Value (GFV) and the vehicle is yours
2. Part exchange it for another vehicle, using any excess part exchange value above the GFV (positive equity) towards your deposit
3. Return the van with nothing to pay, subject to vehicle condition and mileage criteria being met

How does it work?

• We will agree with you an estimated annual mileage and this will be used to determine the vans's GFV
• You agree on the amount of deposit (0 - 40%), and this figure combined with the duration and GFV will determine the amount of your monthly payment
• Duration 25,31,37 or 48 months (37 months is standard offer)
• Available on new and used vehicles
• You sign an agreement, pay the deposit and make the monthly direct debit payments
• Interest is fixed, which means you'll know exactly how much you will repay throughout the term of the agreement
• At the end of your agreement Stellantis Financial Services write to remind you of the three available options (see above)
• You decide which option is best for you. We are able discuss these options with you and help if you wish to part exchange your vehicle

Features and Benefits

1. A fixed monthly payment, allowing you to budget with confidence
2. Potentially lower payments than a Conditional Sale agreement
3. Variety of options available at the end of the agreement
4. Balloon payment - Guaranteed Future Value offering protection against depreciation
5. Eventual ownership option
6. On balance sheet funding

If you want to know more about how Business Contract Purchase can benefit you and or your business, why not get in touch with our Business Centre Manager, Phil Hendry.

p.hendry@wrdavies.co.uk
01785 205 007

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