PCP is available for all cars up to 5 years old, and for some prestige and sports car up to 7 years old.
You choose how much deposit to put into the agreement, and  Berkshire Cars and Commercials LTD arrange to finance the remainder for you over a set period (typically between 24 and 48 months.) At the end of the finance agreement, there is a final optional balloon payment. You can either pay this balloon payment to keep the car, or simply hand it back to the finance company without further charges (other than excess mileage or damage charges.)