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PCP
A finance agreement where there is an option to purchase the vehicle for an agreed fee or either return the vehicle to the finance company or part-exchange.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Auto loans
- Company: Mercedes-Benz
- Product:
- Acronym-Abbreviation:
Other Languages:
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