JonW
Member
- Messages
- 3,259
All,
This may be a dumb question, but I’m curious as to what’s the normal experience in terms of the balloon payments on a PCP lease relative to market value?
My family car is currently a Range Rover Sport, and at the end of Feb it comes to the end of a 4 yr lease. I wasn’t particularly considering buying the car, but there seems to be a big difference between the balloon payment, and what a similar spec car with similar mileage are being advertised for on AutoTrader.
Is this normal?
This may be a dumb question, but I’m curious as to what’s the normal experience in terms of the balloon payments on a PCP lease relative to market value?
My family car is currently a Range Rover Sport, and at the end of Feb it comes to the end of a 4 yr lease. I wasn’t particularly considering buying the car, but there seems to be a big difference between the balloon payment, and what a similar spec car with similar mileage are being advertised for on AutoTrader.
Is this normal?