What is the Guaranteed Minimum Future Value of a Personal Contract Purchase?

Personal Contract Purchase

ALD Automotive offers different funding options including Personal Contract Purchase (PCP). This requires a certain monthly repayment. Its payables are lower compared with the payables of Personal Contract Hire (PCH) due to the Guaranteed Minimum Future Value that the client has to pay at the end of the leasing term. Continue reading “What is the Guaranteed Minimum Future Value of a Personal Contract Purchase?”