Personal contract plan car finance ‘can cope’

Bank of Ireland, Ireland’s biggest car finance company, has said the personal contract plan model remains strong despite concerns about its security due to falling secondhand car prices.

Personal contract plan car finance ‘can cope’
Fri, 06 Apr, 2018 - 07:30

By Pádraig Hoare

Bank of Ireland, Ireland’s biggest car finance company, has said the personal contract plan model remains strong despite concerns about its security due to falling secondhand car prices.

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<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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