Personal Contract Purchase

Personal Contract Purchase (PCP) offers you the opportunity at the end of the contract term to purchase the car for a value set when you place the order (referred to as the Optional Final Payment). Either that or you simply return the car, or renew your contract and choose a new car. You choose the term you would like – either 24, 30, 36, 42 or 48 months. The longer you sign up, the less you pay. Making an optional deposit will lower your monthly payment.

You choose the term that suits you - either 24, 30, 36, 42 or 48 months.

A partial deposit of £500 is required when you place the order. If you decide to cancel your order, this will be refunded to you. You can also place an optional deposit if you wish to do so. The partial deposit and optional deposit are taken off the total cost of the car with the remaining amount distributed equally over monthly payments until the end of the contract.

When the agreed period of your Personal Contract Purchase (PCP) ends, you will have three options: 

1. make the Optional Final Payment set at the contract start and take full ownership of the car, 
2. part exchange your car for a new contract and car, or 
3. simply return the car with no additional cost (as long as kept within mileage and conditions according to T&Cs).  For more information, please visit https://www.vcfsuk.co.uk/volvo/end-of-agreement-options/

The first monthly payment will be charged one month after the contract is activated. Any additional charges or fines will be settled monthly in arrears (usually together with the payment for the upcoming month). If you wish to change the date for payment you can request this online, or please contact Volvo Car Financial Services UK Customer Services:
Telephone: 0800 085 1541 Website: www.vcfsuk.co.uk/volvo/managing-your-agreement/