Thread: Insurance
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      02-20-2013, 02:12 AM   #6
sunscreemer
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Drives: 320i xDrive M Sport Saloon
Join Date: Feb 2013
Location: East Midlands, UK

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Quote:
Originally Posted by RichardM View Post
What do you mean?

PCP is like any other hire purchase agreement in the sense of the finance companies interest in the car. You will be the registered owner and keeper.
Check out following link. As the finance is secured against the vehicle on a PCP the finance company is the legal owner until the conditions of the agreement are met (i.e. final payment made):-

http://www.google.co.uk/url?sa=t&rct...42661473,d.d2k
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