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What is PCP Plus?

PCP Plus is a new, inclusive Personal Contract Purchase agreement offered exclusively to PSA Finance customers. Available to drivers from age 18, PCP Plus is a 4 year finance agreement, which includes both insurance* and servicing for 2 years. Better yet, there is no requirement for a telematics box.

How does PCP Plus work?

PCP Plus works in a similar way to Personal Contract Purchase as it allows you to spread the cost of your vehicle over the course of your agreement, whilst also offering you flexibility at the end of your agreement.

One of the great benefits of PCP Plus is that once you have paid the initial deposit, you only need to make one single monthly payment for the initial 24 months that will cover your vehicle for finance, insurance and servicing.

From month 25 of your agreement your monthly payment with PSA Finance will decrease, reflecting the cost of the finance only.

Please note that insurance and servicing will need to be sourced for the remaining 2 years. But remember that you are able to take advantage of our Annual Insurance.

At the end of the 4 year agreement, you have three options:

  1. Part exchange your vehicle
    You can part exchange your vehicle for a new one and start a new agreement.
  2. Keep your car
    By paying the Guaranteed Future Value, the vehicle will then become yours.
  3. Return your vehicle to us
    Should excess mileage and damage impact the value of your vehicle it could be worth less than the GFV, meaning that additional payment could be required.

Features & Benefits of PCP Plus

  • Allows you to fix all major vehicle running costs for a period of 2 years
  • Your vehicle will be serviced by a PSA retailer using genuine PSA parts
  • A reduction in your monthly outgoings in comparison with shorter-term finance packages
  • The convenience of your insurance being included
  • The accrual of Motor Insurance no claim discount during insurance cover
*Minimum age of 18, 19 or 21 on selected vehicles, maximum age 75. All drivers must hold a full UK licence (for 1 year on selected vehicles) & meet eligibility criteria including limits on driving convictions & claims. Excesses apply. 2 years motor insurance is provided and underwritten by U K Insurance Limited, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.