Call Menu Tailor Your Finance Finance Options at Dales Whether purchasing a vehicle upfront, online or over time, we offer a range of different finance solutions which can be adapted to suit you and your individual budget. What is Personal Contract Purchase (PCP)? Personal Contract Purchase (PCP) is a finance product that allows you the opportunity to buy a new or a used car. PCP is similar to a Hire Purchase (HP) agreement as you will usually pay an initial deposit, followed by monthly instalments over a term typically between 18 to 48 months. What makes PCP different to (HP) is that your monthly instalments are paying off the depreciation of the car, and not its entire value, over the course of the term. Then, when you get to the end of your agreement, there is a final balloon payment that must be made if you want to keep the car. The balloon payment is often referred to also as the Guaranteed Future Value (GFV). How does PCP actually work? What are the advantages of PCP? What should you consider when opting for PCP? Can I settle my PCP agreement early? Find and finance your next vehicle through PCP What is Hire Purchase (HP)? Hire Purchase is a way to finance buying a new or used car. You will normally pay an initial deposit and will pay off the entire value of the car in monthly instalments. When all the payments are made, the Hire Purchase agreement ends, and you own the car outright. What are the advantages of HP? What should you consider when opting for HP? Can I settle my HP agreement early? Find and finance your next vehicle through HP Find the Finance Option That Works For You Discover how we can tailor your finance plan to work for your specific budget. Tailor Your Finance Find your nearest Dales Dealership Select Franchise All Find Now View all Locations Get in Touch Whatever your question or feedback we are here to help. So please feel free to contact us. Make an Enquiry Buy Online Join our Journey Immerse yourself even deeper. Visit our social channels. Privacy Policy Site Map Modern Slavery Data Preferences COVID-19 Assessment Reg Office: Dales Cornwall Ltd. Wheal Rose, Scorrier, Redruth, Cornwall, TR16 5BX Reg. Company Number: Dales Cornwall Ltd: 8784326 & Dales Central Motors Ltd: 0575638 VAT Reg. No. 196667348 Dales Central Motors Limited and Dales Cornwall Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender. We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required. NetDirector ® - Automotive Ecommerce change cookie settings This site uses cookies and related technologies for site operation, analytics and third party advertising purposes as described in our Privacy and Data Processing Policy. You may choose to consent to our use of these technologies, or further manage your preferences. To opt-out of sharing with third parties information related to these technologies, select "Manage Settings" or submit a Do Not Sell My Personal Information request. Manage Settings Accept Recommended