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Is PCP strictly for new cars?
Is PCP finance strictly 2017 cars or is there a few years to choose from?? ie 152 ,161,162
Our answer:
Hi Richie,
PCP, or personal contract purchase, is generally only used to finance the purchase of a new car as it relies on reasonably accurate predictions of the future second hand value. You can find some PCP plans for used cars, but they're quite rare.
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