BYD Finance Offers

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?

PCP or Personal Contract Purchase is one of the most flexible ways 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, making it more affordable throughout.

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

Paying for your new BYD EV with a PCP deal comes with some incredible benefits from adjustable, affordable payments to flexibility at the end of your agreement:

- Choose a deposit and monthly payment that’s right for you
- Payments are fixed throughout your agreement
- 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