BYD PCP Offers
Looking to drive one of our next-level BYD electric cars for a price that suits you? BYD PCP finance deals help you secure the car of your dreams with flexibility over your deposit and monthly payments, giving you all the control.
Buying a new car can be a complex process, which is why we’ve made it as easy as possible to get behind the wheel of a truly revolutionary electric car. Buy your ground-breaking, brand-new BYD EV today on a PCP finance deal.
Is PCP Car Finance right for you?
- 1. You decide on the length of agreement and monthly payments
2. Fixed interest rate and monthly payments
3. Variety of options available at end of the agreement
What is PCP car finance?
- Personal Contract Purchase (PCP) can be a flexible way to pay for your BYD car. PCP is a loan or finance deal where you choose the deposit and monthly payment, deferring the remaining payment to the end of your agreement.
You’ll have a set annual mileage you’ll have to stick to to maintain the price of the car if you are handing it back.
At the end of your PCP agreement, you can either buy the car and make the final payment known as an Optional Final Payment or Guaranteed Future Value (GFV0), return your car or move on to your next vehicle with another PCP deal.
How PCP works
- PCP car finance is simple and easy, helping you find your new BYD car for less:
1. Choose your BYD EV and your annual mileage
2. Choose your deposit amount and we’ll calculate your monthly payments
3. Sign your PCP finance agreement and pay your deposit - we’ll deliver your brand-new BYD car
4. Pay your monthly payments which are fixed throughout your agreement
5. Decide what you want to do at the end of your contract - either keep your EV and make your final payment, hand back the car or take out a new contract on a different car.
PCP or Purchase Plan?
- Personal Contract Purchase and Purchase Plan are similar finance options, but with a few key differences that may affect your decision:
- PCP requires a deposit percentage below 40%
- The agreement length will be between 2 to 4 years
- At the end of the agreement you can own the car, part exchange, or return the car to BYD
- There may be restrictions to your mileage
- There may be an optional lump sum at the end of your agreement
Compare our financial products for more information.
Benefits of PCP
- - Choose a deposit and monthly payment that’s right for you
- Payments are fixed throughout your agreement
- Make a decision that’s right for you at the end of your deal. Choose to keep your car, hand it back or take out a new deal
- Pick a contract length that’s right for you
- Overpay and make early repayments if you’d like to