mjheathcote
Centenary Club
- Messages
- 9,038
Hopefully the £7k return is equal to or greater than the deposit you put in.
I've always thought if you 'buy' via PCP but either at the end of term you hand back or trade in, the maths work out better just leasing a car for the same fixed term.
Also unless buying new, with an attractive PCP low apr interest rate, PCP interest rates are shockingly high. But then if buying new with a low rate, the depreciation is high so they still win.
I've always thought if you 'buy' via PCP but either at the end of term you hand back or trade in, the maths work out better just leasing a car for the same fixed term.
Also unless buying new, with an attractive PCP low apr interest rate, PCP interest rates are shockingly high. But then if buying new with a low rate, the depreciation is high so they still win.