MG HS PCP Offers
Personal Contract Purchase (PCP) is a flexible type of finance, designed to allow you to drive a new car as soon as possible. Unlike a traditional hire purchase, a PCP is structured so that lower monthly payments are made over the contract period, leaving a final balloon payment to be made at the end of the agreement. The future value of your car is agreed up front, to guarantee that your monthly payments do not change.
REPRESENTATIVE EXAMPLE - 4 YEAR PCP OFFERS
|PERSONAL CONTRACT PURCHASE||MG HS Excite 1.5T-GDI||MG HS Excite 1.5T-GDI DCT||MG HS Exclusive 1.5T-GDI||MG HS Exclusive 1.5T-GDI DCT|
|48 Monthly Payments of||£280||£300||£311||£331|
|On-The-Road Cash Price||£21,495||£22,995||£23,995||£25,495|
|Finance Deposit Contribution||£0||£0||£0||£0|
|Total Amount of Credit||£21,215||£22,695||£23,684||£25,164|
|Total Amount Payable||£21,495||£22,995||£23,995||£25,495|
|Optional Final Payment||£7,775||£8,295||£8,756||£9,276|
|Fixed Rate of Interest||0.00%||0.00%||0.00%||0.00%|
|Mileage Per Annum||8,000||8,000||8,000||8,000|
|Excess Mileage Charge, Per Mile||14.9p||14.9p||14.9p||14.9p|
|Duration of Agreement (months)||49||49||49||49|
|Representative APR||0.0% APR||0.0% APR||0.0% APR||0.0% APR|
When your contract comes to an end, you have three options, you can either:
1. Pay the optional final payment to own the vehicle
2. Return the vehicle
3. Part Exchange the vehicle where equity is available
PCP Terms and Conditions:
Offer subject to availability at participating dealers only. Personal Contract Purchase. Finance subject to status, Ts&Cs apply. Applicants must be 18+. Finance by MG Motor Financial Services, RH1 1SR. 49 month term. Deposit Contribution only available when vehicle financed through MG Motor Financial Services. At the end of the agreement there are three options: 1) Pay the optional final payment to own the vehicle, 2) Return the vehicle, or 3) Part Exchange the vehicle where equity is available. Offer available from 1st July 2021 - 30th September 2021. Prices correct at time of being published and are subject to change without notice.
MG Motor UK Ltd t/a MG Motor UK is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) permitted activities include acting as a credit broker, not a lender, for the purpose of financial promotions.
We work exclusively with Santander Consumer (UK) Plc t/a MG Motor Financial Services, but do not receive any commission from this arrangement. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, guarantees may be required.
do not charge fees for our Consumer Credit services. We may receive a
payment(s) or other benefits from finance providers should you decide to enter
into an agreement with them. The payment we receive may vary between finance
providers and product types. The payment received does not impact the finance