There are many advantages to Drivelease Personal Contract Purchase including:
Fixed prices: You know exactly what you have to pay each month, which is ideal for budgeting.
Low initial deposit: Usually only a small deposit is required, typically lower than a HP agreement would require.
Refinancing option: If you prefer, you can refinance the balloon payment at the end of the contract.
Greater flexibility: Drivers who like to change their cars every two or three years – PCP offers a far easier way to do so.
Option of maintenance packages: Most personal contract purchase agreements will include maintenance packages that can range from basic servicing to total vehicle management.
No risk of depreciation: You don’t have to buy the car at the end of the contract if you don’t want to. You can simply hand the vehicle back and walk away subject to fair wear and tear and mileage.
Wider choice of vehicles: A key benefit to personal contract purchase that it gives you access to previously unaffordable luxury, prestige and performance vehicles due to the low deposit and low monthly payments.