PCPs are aimed at people who don't want to own it.
If you want to own the car after 3 years, and can save the balloon while also paying the PCP payments, then why not HP or bank loan it from the off?
Buying a car on PCP, good? bad? sensible if done right?
- Thread starter JBod
- Start date
PCPs are aimed at people who don't want to own it.
If you want to own the car after 3 years, and can save the balloon while also paying the PCP payments, then why not HP or bank loan it from the off?
Because people are daft, frankly. *oh look I can have a poverty spec 1 series for 300 a month.,..3 years later oh **** I can't afford the deposit on another ps1s, now I need a loan.,,why are the monthly payments so much? I know I'll pay it over 20 years...,my car is falling apart and I need a new one but can't clear the finance/loan oh the banks are really evil how could they do this to me?*