SEAT's New Personal Contract Plan (PCP) for Ibiza and Leon

SEAT has announced its new Personal Contract Plan (PCP), which launched last Monday. This is now available on Ibiza and Leon models and offers flexible payment terms. PCP is based on a hire purchase agreement that allows the customer to use the equity of the future value of the car to reduce the monthly payment and avail of a shorter termed agreement.

The customers pays an initial deposit or part exchange from 10 per cent and agrees a monthly payment based on their individual budget. The final value of the car in three years is then set, taking away the fear of the unknown. This is the optional final payment.

At the end of the three years, the customer has three options; if the car is valued above the optional final payment, this equity can be used as a deposit for a new SEAT, the customer can pay the final payment and keep the car, or can return the car with no further payment (terms and conditions apply).

There are special opening offers for orders placed by the end of December for January 2012 registration, which will see the Ibiza available from €4.24 per day, or the Leon from €5.56 per day.