PERSONAL CONTRACT PURCHASE [PCP]
Slide into the driver’s seat, start the engine and enjoy the pleasure of outstanding performance. Jaguar Personal Contract Purchase is a Personal Contract Purchase (PCP) agreement with fixed monthly repayments and a choice of options at the end of the agreement.
Owning and driving your Jaguar is even more of a pleasure with low fixed regular payments.
It works just like a normal hire purchase except there is a larger mandatory ‘balloon’ payment deferred to the end of the agreement. Although the future value of your car isn’t guaranteed, this combined with the final balloon payment allows you to enjoy low monthly payments during the agreement term.
Simply choose your Jaguar and decide how long you want your agreement term to be between 12 and 48 months. Then choose the amount of the balloon payment that you will defer to the end of the agreement (subject to a maximum set by Jaguar Financial Services). The balloon payment and any deposit are deducted from the price of your car. You make regular payments based on the remaining balance plus the interest on the balance and balloon payment. At the end of the agreement, once the balloon payment is settled, you will be the proud owner of your Jaguar.
The options at the end of the agreement are:
Balloon Hire Purchase is sometimes used by business customers who don’t want to be bound by mileage restrictions. Balloon Hire Purchase is only available to limited companies on a non-regulated basis.
Terms and Conditions:
No maximum mileage restriction, vehicle must be no more than 7 years old at the end of the agreement, minimum contract term of 13 months, maximum contract term of 49 months.
Business customers: Tax relief may be available for interest and other costs depending on your own particular circumstances. Please seek professional advice.
Credit is subject to status and only available to UK residents 18 plus only. Credit is provided by Black Horse Limited trading as Jaguar Financial Services, St William House, Tresillian Terrace, Cardiff CF10 5BH.
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