Volvo Personal Contract Purchase

Personal Contract Purchase (PCP) is a flexible form of conditional sale loan where some of the cost is deferred until the end of the agreement.

The benefits of this is lower monthly payments. The deferred amount is known as the Optional Final Payment and is sometimes referred to as the Guaranteed Future Value (GFV). At the end of the agreement you have three options: Retain the vehicle, Return the vehicle, Renew the vehicle.

How does PCP work?

You will agree an estimated annual mileage and term. This will be in order to generate the Optional Final Payment.

You agree on the amount of deposit, and this figure combined with the agreement duration and Optional Final Payment will determine the amount of your monthly payment.

You sign the agreement, pay the deposit and then make the monthly payments.

At the end of the agreement we’ll write to remind you of the three available options.

You decide which option is best for you.

PCP Features & Benefits

A fixed monthly payment, allowing you to budget with confidence.

Potentially lower payments than the Volvo Loan agreement.

A variety of options are available at the end of the agreement.

You can match the length of your agreement with the time you want to keep the vehicle.

Contact us

For further help and guidance please contact a member of our team.

TMS Volvo Coventry: 02476 303132 | TMS Volvo Hinckley: 01455 632478 | TMS Volvo Leicester: 0116 2758800

Company Information

Reg Office: Trinity Marina, Coventry Road, Hinckley, Leicestershire, LE10 0NF

Reg. Company Number: 5693106

VAT Reg. No. 881 6690 84

TMS LIMITED is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender.

We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required.