Famous Cars Pcp Finance 2023. Known as personal contract purchase, pcp is a type of loan that allows you to purchase a car. Pcp is amongst the cheapest and most popular ways to get a car, as you aren’t actually paying towards the full cost of the car.

At a representative apr of 9.9% and an annual interest rate of 9.48%. Known as personal contract purchase, pcp is a type of loan that allows you to purchase a car. Research by what car found average monthly personal contract purchase (pcp) payments had risen by at least 22.4% across a sample of five models, with petrol and hybrid.