Many dealers, brokers and funders think 2011 will be the
year when sales of Personal Contract Plans and Personal Lease
products really kick off. An impending used car shortage, changing
consumer ideas on ownership, the pressure to increase customer
retention and the Consumer Credit Directive’s emphasis on product
suitability could make this a bumper year for the product. In the
months ahead, Motor Finance will be working with broker
Jigsaw Finance to provide statistics and commentary on the PCP
market, starting with this rundown of captive and independent
offerings.
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