PCP Mileage Limits: What Drivers Should Know Before Signing
A PCP mileage limit is the number of miles you agree to drive during your finance agreement. It is an important part of the deal because the expected mileage can affect the vehicle’s estimated future value and the cost of the PCP. The right mileage limit is not necessarily the lowest one available. It should […]
What Happens If You Exceed Your PCP Mileage Allowance?
If you exceed your agreed PCP mileage allowance, you may have to pay an excess mileage charge when the vehicle is returned, depending on the terms of your finance agreement. The charge is usually based on the number of miles above your agreed allowance and the excess mileage rate stated in your contract. Going over […]