That's exactly how a PCP (can) work. You don't have to make the balloon payment at the end.
However, to make a PCP better than a lease you usually have to make that payment and sell it on. The GFV is rarely a fair market price.
That's exactly how a PCP (can) work. You don't have to make the balloon payment at the end.
The GFV is rarely a fair market price.
[TW]Fox;30318618 said:Neither is the residual factored into a lease go derive the price.