Personal Contract Plan

Personal Contract Plan


PCP1 is a flexible 2-3 year car finance package that combines lower monthly payments with real flexibility.

Here's How PCP Works

Volkswagen Financial Services Ireland purchases the vehicle on your behalf.

A portion of the vehicle’s value is deferred until the end of the agreement. This amount is Guaranteed Minimum Future Value (GMFV) that Volkswagen  Financial Services Ireland guarantees your car will be worth at the end of your agreement.

  •  You choose a deposit percentage of up to 30%.
  • You then pay an agreed monthly repayment for 36 months.
  • At the end of the agreement, you have 3 options.

At the end of your term you have the following three options:


Upgrade to a newer vehicle and start your PCP journey again.

One-off payment or re-finance

Make a one-off payment or re-finance the final instalment and take ownership of the car.

The Benefits of a Personal Contract Plan

Lower monthly payments

Flexibility at the end of the agreement to choose between 3 options

Based on the Guaranteed Minimum Future Value you don't need to worry about the re-sale value of your car 

Drive a new car more often thanks to shorter replacement cycles

Afford a new car or a higher specification model and the latest technologies

 Include additional optional products such as Service Plans

Known cash flow based on fixed interest rate and payments

No minimum deposit required*

*subject to underwriting criteria

Let us show you how easy it is!

Is PCP right for you ? Now find the perfect vehicle!

For specific offers, click on the brand of your choice

Do you have any other questions?