McLaren PCP
McLaren is offering its own £1,000-a-month PCP (Personal Contract Purchase) for business buyers on the 540C
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ARE you a business owner or entrepreneur in the fortunate position to be privately treating yourself to a new premium sports car that you will drive for business purposes?

If you were thinking more on the lines of established rivals in the form of the seductive Audi R8 and Porsche’s iconic 911, then how about the British-built option with McLaren badges?

Well, that option is the entry-level model in the latest McLaren Sports Series range – the £126,940 McLaren 540C.

What is PCP?

Because of the Woking-based manufacturer’s sector-leading residuals – at 63% after three-years – McLaren is offering its own PCP (Personal Contract Purchase) for private buyers of the 540C.

While it might be the entry-level member of the range, fitting below both the 570GT and 570S, there’s nothing basic about the 570PS of performance available from the twin turbo 3.8-litre powerplant, that still equates to 533bhp with 390lb/ft of torque!

This racks up supercar status with 0-62mph acceleration in 3.1 seconds and a top speed just under the magic double ton at 199mph, which for some reason results in insurance band 50.

The only stumbling point on the PCP plan might be the £35,000 deposit, although we’re told the company will accept your trade-in if that’s worth the same. Then, this McLaren will cost you £1,000 a month for a three-year, 30,000-mile term.

You can then claim Approved Mileage Allowance Payments, known as AMAPs, for your business mileage, which are 45p per mile for the first 10,000 miles – that’s £4,500 – to offset your lease purchase rental costs.

These are the tax-free pence-per-mile rates applicable only when drivers use their private cars for business purposes.

There are currently five McLaren dealers – in London, Ascot, Manchester, Birmingham and Glasgow.

 

 

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