sgl223
Member Since: 26 Nov 2009
Location: By the sea
Posts: 63
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Hi guys. Quick question about PCP - I've been reading the thread below from September, and it seems like its better to bale out of a PCP before the end, to save mileage charges, etc. However, I'm unclear how this saves money. For example - I've just signed up to a 4 yr PCP on a new HSE, with only a small deposit of £2000. If I change to another one after say 2 yrs, I'll still owe 2 yrs payments, plus the balloon at the end - say £30,000 total. I assume my car would be worth less or maybe not much more than this, so I can't see the benefit.
Sorry to appear thick! ( my smilies ain't working, either)
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20th Jan 2010 5:14 pm |
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sgl223
Member Since: 26 Nov 2009
Location: By the sea
Posts: 63
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Oh, actually they are.
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20th Jan 2010 5:18 pm |
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