Personal contract purchase (PCP) offers fixed-cost motoring – with affordability and flexibility. With personal contract purchase you can have a Mercedes-Benz or smart car for a fixed term (24, 36 or 48 months). At the end of this time you have several options, one of which is ownership of the car.
Monthly payments with personal contract purchase are significantly lower than with normal finance schemes. This is because the monthly installments are calculated from the purchase price of the car and the guaranteed value of the car at the end of the agreement. The difference between these two figures (plus any finance charges) is divided between the number of months you require the car for.
As Mercedes-Benz and smart generally hold their value well, the monthly amount is usually significantly lower than with other car funding methods.
Your options with personal contract purchase
- Buy the Mercedes-Benz or smart – Either pay the guaranteed minimum value of the car that was agreed at outset of the agreement, or extend the agreement over a further period, to pay off the remaining amount.
- Part-exchange the car for another Mercedes-Benz or smart (if there is equity in the vehicle)
- Sell the Mercedes-Benz or smart privately (and settle the outstanding finance)
- Return the Mercedes-Benz or smart to us with nothing more to pay (subject to agreed mileage and conditions)
Find out if personal contract purchase is right for your. Call now on 0844 375 3263. Other funding options are available to suit your requirements.
Personal contract hire is also available. Call 0844 375 3263 for a quote on a Mercedes-Benz or smart.
Read about personal contract hire here.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
Personal contract purchase – the benefits
Personal contract purchase is an attractive option for private motorists and people opting out of company car schemes. It can make a wider choice of models available to you or can make a model that may otherwise be out of reach, surprisingly affordable.
For total peace of mind and surety of motoring costs, scheduled servicing and maintenance costs* can be included in a personal contract purchase agreement for a small additional monthly sum. Servicing and maintenance can be carried out at a Mercedes-Benz or smart main dealer of your choice.
- Keep your options open
- Fixed cost motoring
- Low initial payments
- Flexible terms from 24 to 48 months
- Fixed interest rates
- Road fund licence for duration of contract
- Optional servicing and maintenance package
- Option to purchase or return vehicle at end of contract
- No depreciation risks
- Free delivery and collection (at end of agreement) within mainland UK*
Read about personal contract hire here.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
For more information on personal contract purchase or to find out about other Mercedes-Benz or smart car funding options for private motorists or people opting out of company car schemes, call 0844 375 3263 now.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
* Free delivery is available by driver to a mainland UK address. Delivery is also available by transporter - a quotation is available on request.