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Do consumers understand PCP car finance? An experimental investigation
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Personal Contract Purchase (PCP) plans have risen to prominence in the Irish market in recent years. These deals typically involve lower monthly payments than Hire Purchase (HP) deals or personal loans, allowing consumers to benefit from increased affordability. However, PCP plans are relatively complex and involve potential drawbacks that may not be properly understood by consumers.
ESRI Series Number: RB201823 Research Area:Communications and Transport Date of Publication: August 30, 2018 Publisher: ESRI Place of Publication: Dublin
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