We've been on PCP for a year, can we change to HP to get a different car?

Is it possible to change from the PCP plan we are on now to trade-in for a different car on a HP plan? We've been on our current PCP for a year.

Asked on 5 March 2020 by Chris Clark

Answered by Dan Powell

It is possible to terminate a PCP early, but it will probably be expensive - these fees should be listed in the documentation you were given when you took out the personal contract purchase.

Tags: pcp finance hire purchase

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