Glossary / General

PCP

19 Episode Mentions

Too Afraid to Ask

PCP is a way to pay for a car where you make monthly payments for a few years and then have the choice to buy the car at the end or return it.

Technical Definition

PCP stands for Personal Contract Purchase, a popular car financing option in the UK. It allows buyers to pay a deposit and then make monthly payments, with the option to buy the car at the end of the term.

Hear It Discussed

"on lease on finance PCPPC rental high purchase it's it's so common just ... it's like whatever powertrain you want it's the same price"
DAILY: EV Interest Holds Up, Honda Retreats To Hybrids and Slate Adds Jobs | 15 May 2026 EV News Daily - Technology and Business of EVs 09:17

"There's not anything negative on BMW, fabulous car, great service, little, little PCP that I'm paying monthly, whatever it is, 200 quid a month or something as a gift for her..."
Who will come out on top in 2026 - Silverstone F1 Review! | The Car Podcast #95 The Car Podcast with Chris Harris & Friends 52:53

"I bought the Honda on a 25 month PCP for £207 a month with the total cost of £5,500 for 8,000 miles a year."
Square wheels, Audi makes a Land Rover, retaking the dining room My week in cars: the Autocar podcast 05:54