''When looking at finance options for a car, it's sometimes hard to know which option is right for you. PCP breaks the process down into 3 easy steps and can offer a more flexible form of finance. The monthly payments are also usually lower than HP or a personal loan.
However, unlike a HP, with a PCP you won't own the car at the end of the deal unless you make the balloon payment. If owning the car is important to you, think about whether or not you'll be able to afford a large one-off payment, at the end of the agreement.''