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24 Nov 2020

NEW PEUGEOT PCP PLUS CUTS COSTS AND REDUCES HASSLE FOR BUYERS

PEUGEOT and PSA Finance have launched PCP PLUS, an all-new four-year personal contract purchase (PCP) offer that contains two years of vehicle servicing and vehicle insurance under a single payment plan, reducing costs for customers and simplifying the ownership experience*.

NEW PEUGEOT PCP PLUS CUTS COSTS AND REDUCES HASSLE FOR BUYERS

PCP PLUS is available across the entire PEUGEOT model range and has been designed so customers can fix all of the major running costs for two years under a single payment plan, for ease of use and a reduction in payments. It’s the first product of its kind and complements PEUGEOT’s innovative Just Add Fuel scheme.

Groupe PSA retailers provide the vehicle servicing, using Groupe PSA parts and with insurance cover provided by our Group approved insurer**. By conveniently including insurance and servicing costs in the monthly PCP PLUS payment, customers save money over lump sum payments.

After two-years, many PCP customers choose to early settle and purchase a newer model, and the way PCP PLUS is structured ensures these customers only pay for the servicing and insurance they have enjoyed.

David Peel, Managing Director of PEUGEOT UK, said: “PCP PLUS is a completely new ownership scheme that has been designed with the customer’s priorities in mind. By combining PCP payments, insurance cover and servicing fees in a single plan, we are simplifying the purchase process and cutting costs for our customers.

“We’ve also recognised that many PCP buyers opt for early settlement and purchase a new vehicle mid-way through their contract, and by limiting the insurance cover and servicing to two years, customers will only pay for the services they’ve used.”

*Personal Contract Purchase Subject to status. Guarantee may be required. Ts&Cs. 18+. PSA Finance UK Ltd, RH1 1QA

**Minimum age 18, 19 or 21 on selected vehicles, maximum age 75. All drivers must hold a full UK licence (for 1 year on selected vehicles) & meet eligibility criteria including limits on driving convictions & claims. Excesses apply. 2 years motor insurance is provided and underwritten by U K Insurance Limited, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

About PEUGEOT

Building on its technological offensive strategy and the electrification of its range, the PEUGEOT brand enters the era of energy transition with enthusiasm. Stimulating and rewarding driving, elegant design and uncompromising quality are the brand's commitment to its customers and contribute to the emotion provided by each and every PEUGEOT. Present in more than 160 countries at 10,000 points of sale, the brand sold almost 1,500,000 vehicles around the world in 2019.PEUGEOT combines all-round Excellence, Allure and Emotion with the ambition to be the top-of-the-range generalist brand on a global scale.

CONTACT

Kerry LIVESEY
Head of Communications - Public Relations
Phone: 024 7688 4212/
079 40078 848
kerry.livesey@peugeot.com

Emma GAFFNEY
Senior Press Officer
Phone: 024 7688 4261/
077 4789 8130
Emma.gaffney@mpsa.com

Michael ARNOLD
Press Fleet Manager
Phone: 078 3182 9410
michael.arnold@mpsa.com

Jeremy TOWNSEND
Director of Communications
Phone: 078 2789 6480
Jeremy.townsend@mpsa.com

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