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| Personal contract purchase is an agreement allowing car-buyers to make reduced monthly payments on a car they wish to buy, culminating in a larger final payment made at the end of the agreement. The car can be returned back to UK Car Discount at any point with personal contract purchase, provided agreed mileage has not been exceeded on the car during the agreement. Once the final payment has been made, the car is handed over to the purchaser. |
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Monthly charges are usually determined by the cost of the car, the mileage done on it and estimated value at the end of the agreement.
The advantages of personal contract purchase are that monthly payments are reduced, repayment patterns are generally flexible and that the there is a guaranteed future value of the car.
Personal contract purchase is just one of many new car finance deals currently available from UK Car Discount Ltd.
Buyers interested in personal contract purchase on a car should contact us to find the best package that suits them.
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19th January 2006