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What happens at the end of the PCP agreement?

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What happens at the end of the PCP agreement?

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At the end of a PCP agreement you have the option to either pay the final Payment and keep the car or simply to return the car to the finance company in full and final settlement of the outstanding amount. Alternatively you can sell the car and use any profit as the deposit on a new contract. The final payments are usually lower than the true estimated future value in order to encourage this.

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