Personal Contract Purchase or PCP is a long-term personalised finance option, which enables you to buy a brand-new car easily through an agreement with a motor manufacturer or car dealership. PCP car deals are popular as they allow you to test drive the car and have lower monthly payments compared to other types of loans. After the agreed period, you can pay the Guaranteed Minimum Future Value (GMFV) of the car in full and own it, hand it back or enter into a new car finance agreement. The GMFV value is determined by the car mileage and age when the deal matures. According to the Society of Motor Manufacturers and Traders, there was a 12.1% increase in new cars registered in the UK to 151,252 in October 2019. The Ford Fiesta got knocked off as the top-selling car in September by the Vauxhall Corsa, but it was short-lived, as it came back to top in October. The Ford Fiesta is still dominating the sales charts – which it has been doing for the last two years - where it has 96,805 year-to-date sales. Have you been looking for a good PCP car deal? Well, here are The Top 8 Best Selling Cars on PCP Finance Deals, starting with the 8th bestselling car.
Coming in at 8th in October with 3,029 sales is the BMW 1 Series, one of the sportiest-looking hatchbacks in 2019. It comes as no surprise that BMW 1 Series has gone mainstream and grown in popularity as it has a wide range of low-powered petrol and diesel engines that fit the budgets of many. To add on, it has less weight and more posh looking interior space increasing its appeal to more Brit's looking for an excellent looking 5-seater family car.
With driving assists such as clever traction-control tweaks and extra bracing in the chassis, it handles options for either a manual or automatic gearbox. Its multi-link rear suspension makes it’s a comfortable, sporty family car that will continue being purchased using PCP Finance Deals. It seems hard for people to resist it after having it for some time.
BMW 1 SERIES 1.5 118i GPF Sports Hatch 3dr£401 per month x 4 years at 3.6% APR
The Nissan Qashqai is an SUV-hatchback crossover that is selling incredibly well in the UK, even increasing rivals aiming to steal its popularity crown. Being made in Great Britain could be a contributing factor for being 7th with 3,567 sales in October. However, its features like down-to-earth running costs, being stylish, having rugged looks, a big trunk, being lighter, it's excellent handling on rough roads, and its elevated driving position are the main reasons that still give it consistent sales up to date. Nissan has updated the Qashqai with smart driver assistance tech, provided new engines, and introduced an all-new media system, with proper smartphone link-up increasing their appeal to almost every modern driver. With such fine-tuning of their success formula, even with more competition, people have still been going for the Qashqai using PCP financing. All this despite dealers not making compelling offers to find more buyers.
Nissan Qashqai dCi 115 Acenta Premium £267 a month * 4 years at 0% APRR
The BMW 3 Series remains the longest-running and most popular model for the BMW Group annual sales. In October, this rear-wheel-drive seventh-generation model had 3,762 sales. It is a sporty, practical, premium saloon quite popular in the UK because of its enjoyable driving experience. Its autonomous driving aids greatly when driving in UK towns. Its feature set has ensured that it beats cars like Audi A4, Mercedes C-Class, and Volvo S60, which that it competes with.
For a car that looks slick, has more cabin space, comes with tech-packed infotainment, handles sharp steering well, as well as has special dampers for improved suspension, it continues satisfying more drivers who test drive it and pay for using PCP financing.
BMW 3 Series 320i M Sport 4dr Petrol Saloon from £439 per month x 4 years at 3.6% APR
The Volkswagen Golf has remained consistently popular for PCP financing because it’s a superb all-rounder. It’s a car that has a sporty feel, lively handling, and gives a spirited performance, features that seem to appeal to UK families helping it achieve 4,158 October sales. The recent Volkswagen Golf has also had a price cut. What is more? Its dashboard is filled with an 8-inch touch screen, a navigation system, satellite radio, HD Radio, Volkswagen Digital Cockpit, and a Fender premium stereo. Furthermore, It’s quite spacious, has a large cargo hold and a handsome cabin
When it comes to driving, you have transmission choices; six-speed manual or eight-speed automatic, which help to give it good acceleration and agile handling. In terms of safety, it has features like blind-spot monitoring and rear cross-traffic alert making it exciting for almost every type of buyer.
Volkswagen Golf Match 1.0 TSI115PS£190 a month x 4yrs at 0% APR
The Vauxhall Astra is a reasonably priced British made car that handles UK roads very well. The Astra is priced reasonably. It comes as a five-door hatch or an alternative 'Sports Tourer' estate. All models are front-wheel drive making its back seat to be a lot more spacious and comfortable due to the watts linkage suspension system. It's lightweight; its interior has a premium look and feel and has an economic engine making. The Vauxhall Astra is a fun and affordable family hatchback. Besides, it has fresh calibration for the steering that improves body control at higher speeds and high-quality infotainment equipment. With such a feature set, most dealers have been offering PCP financing for this car, enabling it achieves impressive October sales. The Vauxhall Astra had 5,754 sales making it the 4thbest selling car.
VAUXHALL ASTRA 1.0 12V 105PS DESIGN 5DR hatchback £241 a month x 4yrs at 4.1% APR
Ford has continued dominating with the Ford Focus getting 5,834 sales in October. The Ford Focus has maintained its popularity as it continues being improved. The recent model looks much slicker with the longer bonnet, an upgraded interior, more interior space, and a boot that matches that of the Volkswagen Golf. The infotainment equipment is fitted with the most current technology and can perform online destination searches. When it comes to driving and comfort, its agility has been much improved. It has a new rear suspension that’s electronically monitored. The wide range of its modern petrol and diesel engines are powerful as well as efficient. Ford Focus is one of the safest cars in its class. It’s fitted with more safety technology than any other predecessor. Being a five-door hatchback that’s economical, has soft-edged driving, and is competitively priced, it has appealed to mainstream buyers looking to use PCP financing for a brand-new car.
Ford Focus Active Estate £270 a month x 3yrs at 0% APR
ST-Line 1.0 EcoBoost 125PS £220 a month x 3yrs at 0% APR
The Vauxhall Corsa was the bestselling car in the UK in September, but in October, it fell to second with 6,285 sales. Its sales figures total to 78,760 year-to-date. The recent excellent sales are rising because of the favourable PCP financing deals being offered as a new model is poised to launch in January. It is also popular because it is affordable and has a hushed and efficient engine. It comes either in three- and five-door body styles. It features up-to-date infotainment and generous standard equipment, with an elegant interior finish and builds quality. As for comfort, its suspension has been redesigned and greatly improved.
It is a smooth ride with consistent steering and a large boot. Value, ease of use, low repair costs, and affordable insurance are other factors that have made the Vauxhall Corsa such a hit in the UK.
Vauxhall Corsa GRIFFIN S/S hatchback 190 a month x 3yrs at 4.1 % APR
The Ford Fiesta model is popular because of its small design, which is a fun car to drive, its competitive prices, as well as being impressively economical. It is also comfortable. Its interior is spacious and looks elegant for its price comparing with competitor cars. It’s fitted with the latest technology to ensure an enjoyable experience and terrific handling in different weather conditions. People love a reliable car, and the Ford Fiesta never disappoints. That is why it continues growing in popularity and dominating sales. With such excellent features, it's no surprise that the Ford Fiesta topped the sales chart with 8,058 sales in October. The 0% ARP and £195 a month payment means it’s one of the best PCP deals you can get around.
Trend 1.1 85PS 5dr £170 a month x 3yrs at 0% APR
Ford Fiesta Active £195 a month x 3yrs at 0% APR