Finance | Birmingham & Stourbridge | Paul Rigby Volvo

Finance

Personal Car Leasing and Funding Options

For private buyers, Volvo Car Financial Services has created a range of funding, contract hires, and leasing plans so that you can choose the right one for you. contact us here for more information.

For business buyers, contact Andrew Sutton to discuss business contract hire and fleet deals here

PERSONAL CONTRACT HIRE 

(PCH)


Personal Contract Hire is the choice favoured by most people who would prefer to use a vehicle, rather than own one. You simply choose a vehicle for an agreed period up to 48 months in exchange for a fixed monthly rental. There are no depreciation or vehicle disposal worries since you just return the vehicle at the end of the contract. Fixed price servicing and maintenance options are usually available with most contracts for an additional cost. Personal Contract Hire is the ultimate in hassle-free motoring.

PERSONAL CONTRACT PURCHASE 

(PCP)


​A Personal Contract Purchase is a flexible form of loan where some of the cost is deferred until the end of the agreement in order to provide you with the benefit of lower monthly payments. The deferred amount is known as the Optional Final Payment and is sometimes also referred to as the Guaranteed Future Value (GFV). At the end of the agreement you have three options: Retain the car, Return the car, Renew the car​

PURCHASE PLAN

(PP)


A simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the car. You can trade in your existing car and put this towards the initial deposit, or if you wish, just put down a cash deposit.