How does it work?

Imagine you sign up for a PCP over three years. The car costs £20,000 and the finance company calculates that the car will be worth at least £8,000 after three years. Here's how that would look...

  • You pay a deposit, eg, £2,000 with a loan for the rest, so £18,000.
  • You then owe £18,000. Though, as it's been agreed that the car will be worth £8,000 at the end (This is the GFV guaranteed future value), you only repay £10,000 (Plus the agreed amount of interest) over the three-year period.
  • At the end of the agreement, you have 3 options (See below)
Transport For London

Cars need to meet minimum emission standards when travelling in the Ultra Low Emission Zone (ULEZ) or the daily charge must be paid.

Minimum emission standards

Petrol: Euro 4
Diesel: Euro 6

The ULEZ will be enforced based on the declared emissions of the vehicle rather than the age. However:

Information from Transport For London

Check this car on the TFL website before purchasing: https://tfl.gov.uk/modes/driving/check-your-vehicle/

Saved
Avalon Motor Company

Click and Collect

Buy your car online for a fully refundable £199 deposit and collect it within 48 hours from our COVID adapted showroom in a safe and socially distanced environment.*

We Deliver

Buy online or via telephone and we can arrange a professional contact free, socially distanced delivery service to your front door anywhere in mainland UK and you will receive a 14 day money back guarantee.*

*(T&C's apply)

Close