Is a PCP the best way to finance your next car?

Personal Contract Plans (PCPs) are not suited to everyone writes Geraldine Herbert With more than 30 per cent of new cars sold on Personal Contract Plans, PCP deals are one of the reasons why car sales have steadily recovered since the market crash of 2009. The idea is simple: buyers put down a deposit or trade in their old car, followed by monthly payments made over three years and are given a “guaranteed minimum future...