What is PCP? Renault Selections is Renault Finance's Personal Contract Purchase product that stands out from the crowd in terms of the choice and flexibility.
HOW PCP FINANCE WORKS
1. You let us know how much deposit you would like to pay.
2. We will calculate your monthly payment based on the maximum annual mileage to suit your needs.
3. We will calculate your Optional Final Payment depending on your driving requirements.
WHAT HAPPENS AT THE END OF THE AGREEMENT?
You will get a choice of three options when your PCP agreement comes to an end:
Selection One - Drive away a new or used car
If the vehicle is worth more than the Optional Final Payment amount, you could part exchange your vehicle by putting the difference towards a deposit on a new or used car.
Selection Two - Return your car
Simply return your car in good condition, within the agreed mileage limits, and pay nothing. Most of the time our vehicles are returned to us looking like new but we know, no matter how much you care for and love your car, little scratches and chips are unavoidable. If your vehicle was to be returned outside of your agreed mileage or with more than fair wear and tear damage you will be charged for this, in accordance with the BVRLA guidelines.
Here is a guide
to what you could expect to be charged.
Selection Three - Keep your car
Pay the Optional Final Payment and be transferred ownership of the vehicle.
BENEFITS OF PCP
The deposit is negotiable.
Fixed monthly payments.
Option to change your car every 2 to 3 years.
Flexible end of agreement options.
Some of the best offers available.
Drive a new car for less!