CUPRA PERSONAL CONTRACT PLAN (PCP) BENEFITS
Personal Contract Plan (PCP) is designed to give you maximum flexibility at the end of your contract. Here's what you can expect:
Full Ownership or Long-Term Leasing?
Driving one of our new cars or used cars is easy. Choose your ideal payment plan and contract length – at the end, you can decide what to do next. Calculate costs, take advantage of finance and offers. Whether you're looking for electric and hybrid cars, CUPRA has everything you need. Try our PCP finance calculator to help you decide.
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FAQs
Who owns the car in financing?
With the Hire Purchase financing option, you become the rightful owner of the vehicle when you have paid all the fixed monthly instalments over the agreed contract period. With the PCP option, you can become the owner of the vehicle by paying the optional balloon payment at the end of the term.
Is the interest rate on a car loan fixed throughout the term?
The interest rate for PCP and individual loans is set at the beginning of the contract term and remains the same over the entire period. Please contact your local retailer for more details on the laws and regulations.
How do I find out my monthly instalment for my dream car?
Visit the CUPRA website and configure your ideal car online. You will usually receive an estimated monthly repayment amount. Alternatively, contact your local retailer for a calculation based on your exact requirements.
How can I lower the monthly instalment on my car loan?
PCP is a good option if you require increased flexibility and lower monthly payments. PCP defers some of the car’s price until the end of the contract, reducing monthly costs compared to other types of financing.
What is balloon finance?
Balloon finance defers part of the car’s price until the end of the contract, reducing monthly costs. Auto Credit is an example of balloon finance. It provides affordability and an option to own the car outright at the end of the term.
Can I trade in my current car for the deposit?
Yes, you can trade in your current vehicle and use the profit as a deposit for financing your new CUPRA. This can lower your monthly payments. Contact your local CUPRA retailer for more details.
Can I configure my dream car however I want?
Yes, you can choose from the entire range of configurable options and models from CUPRA to create your personalised dream car.
What happens if I have an accident with my financed CUPRA?
In the event of a total loss or theft, the optional CUPRA purchase price protection reimburses the difference between the original purchase price and the replacement value. Fully comprehensive insurance also covers the excess. Please check with your local CUPRA retailer for details.
What options do I have with HIRE PURCHASE?
Hire Purchase allows you to own your CUPRA through fixed monthly payments. You become the owner at the end of the contract period.
What options do I have with PCP?
With PCP, you have three options at the end of the agreement: upgrade your vehicle to a newer CUPRA, pay the balloon payment to own the car outright, or return the car and settle any outstanding charges such as excess mileage or damage.