MOTORHOME PCP

WHAT YOU WILL PAY

Our PCP product is a great flexible payment option. With Black Horse PCP you can choose how much deposit you’d like to pay, the contract term and final payment. It’s ideal for those who want to keep their options open – at the end of the agreement you can choose to buy the motorhome, part exchange it for another or simply hand it back.

HOW IT WORKS
Borrow any amount from £1,000 and set repayments to suit your budget for a period of 1–5 years
Available on new motorhomes
Annual mileage restrictions are set at 8,000 a year

The options at the end of the agreement are:
1) Part exchange the motorhome subject to settlement of your existing finance agreement; new finance agreements are subject to status or

2) Return the motorhome and not pay the Final Repayment. If the motorhome is in good condition and has not exceeded the agreed maximum mileage you will have nothing further to pay. Further information on what is considered good condition can be found at blackhorse.co.uk/MotorHomeGoodConditionGuide. If the motorhome has exceeded the agreed maximum mileage a charge for excess mileage will apply or
3) Pay the Final Repayment to own the motorhome.

Motorhome PCP infographic

WHAT YOU NEED TO KNOW

Ideal if
You like to keep your options open
You want the option to own your motorhome outright at the end of the agreement
You like to budget and know the exact repayment amount each month

Budget with confidence
Protection under the Consumer Credit Act Termination Rights and Protection under the Consumer Rights Act
Protection against depreciation as a result of an unexpected fall in the value of the motorhome when you hand the motorhome back

Things to consider
Your motorhome is at risk of repossession if you do not maintain contractual repayments
You must have fully comprehensive insurance
You do not own the motorhome until the final payment including interest has been made
A significant proportion of the credit is deferred until the end of the agreement, you should prepare for this if your want to own the motorhome
PCP is only available on new motorhomes


personal contract purchase

Watch the product video or download our Caravan, Motorhome and Holiday Home product eBook for more information.