The Peugeot Passport PCP scheme involves a low initial payment, followedby fixed monthly payments - and an option to buy the vehicle at the endof the contract. A "final" payment sum may be agreed at the start as the amount you need to pay to obtain ownership after the agreed period (option to purchase price). Alternatively, you can part-exchange so that Charters can sell the vehicle and offset the proceeds against the option to purchase price. Any surplus from the sale would be returned as a cash benefit to you or used as equity towards your next vehicle.
