Morning, I took a car on PCP 4 years ago and I hand it back in January. My plan is to exchange it. The set mileage was 8,000 per year (32,000 overall) but I have only put 10,000 on it in total. Is it likely that the car will be worth more than the balloon payment, giving me equity to put towards the next. I can Google but I prefer the answer to be black and white.
Thanks.
Thanks.