PCP car finance can be a good short-term solution for car owners. It can give you the freedom to buy a car without the worry of high payments, however the car will not be yours at the end of the deal. Here are some things to think about:

• If you want a car long term, PCP may not be for you. There will still be a large amount of money to pay off at the end of the finance term if you want to keep the car. Think about a different option, or save enough money to buy the car at the end.
• If you don’t want your car long term, PCP could be ideal. You will be able to pay for the car over a period of around 3 years and you can just give it back afterwards.
• PCP can get you a better car than you could afford with normal car finance as your monthly payments will be lower.