PCP

T

Tin Man

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Not sure if this has been " done to death" on this board, but has anyone bought a motor through this method?
I am looking at getting a Range Rover Evoque over a 3 year payment period.
 


We done it got the free services that they chucked in if we took pcp, then paid it all off
Extra cash was extortionate when we worked it out
 
After 3 years you'll have something like 40% to pay off to own the car. Can get trapped into never actually owning a car as you need to trade in every time to pay the final lump sum payment off. You'll have paid interest on that lump sum payment too
 
smasha said:
After 3 years you'll have something like 40% to pay off to own the car. Can get trapped into never actually owning a car as you need to trade in every time to pay the final lump sum payment off. You'll have paid interest on that lump sum payment too
Click to expand...
If you buy a new car outright they depreciate too though.
It can work if you get the right deal and fancy a new car every 2 or 3 years with a payment you can afford.
I know a couple people with evoques mind and they had loads of bother with them.
 

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