What is PCP?
PCP (Personal Contract Plan) is a flexible Hire Purchase agreement that enables you to have a reduced monthly payment thanks to a Guaranteed Minimum Future Value (GMFV) for your car in 2 or 3 years' time.
How does it work?
MyPCP.ie is Renaults' revolutionary new website and explains how PCP work as simple as A, B, C.
A Deposit & Mileage
You pay a flexible deposit and select an anticipated annual mileage at the end of your agreement. J.J. Burke Renault will agree a GMFV (calculated from your deposit + expected mileage) and you repay the difference between both
B Monthly payment
You only pay for the portion that of the car that you need to help keep the repayments low.
Like any hire purchase agreement you will still fund the car minus the deposit you have paid
C Flexible options
At the end your PCP you can - upgrade to a new car (with a new PCP agreement), keep your current car (making the final payment) or simply hand back the keys (with no further payments)
For more information please call us today on 094 9541359 or visit MyPCP.ie