PCP How much?

He'll be coming out of it with quite a bit less than he put in as a deposit though. Year one he has 11k of car, year 5 he has about 5
 
iaind said:
He'll be coming out of it with quite a bit less than he put in as a deposit though. Year one he has 11k of car, year 5 he has about 5
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He's essentially paying 7.5k a year to roll in an RS3 for 5 years (assuming the car is worth 20k after that time).

Seems crazy to me but if you've got the £500k+ house, holidays sorted and don't have to shop at Asda during ownership, then go nuts. :cool:


Edit: Do post your pics please. :)
 
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Not the car I'd pick for that sort of cash but if he's flush enough that it doesn't matter then why the hell not!
 
nam said:
Not always, i was one of those who went through the leasegate and there was a list of how much option's added to the cost of the car and there value added, it was quite a surprise to see metallic paint and Nav actually added no real value but certain option's did from what i can remember.. for the op i would just focus on the total cost of deal itself over the period and what you can afford.
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Yep. Last time I was looking at lease cars and BMWs metallic paint almost added no extra monthly payment to PCH (£1.69 a month from momory) and bizarrely adding profession satnav reduced the monthly payment amount! When asked dealer said nobody want 3 year old beamers with the crappy bog standard screen so they are worth much less than the cost of adding the pro system at the beginning.

Of course there were other options which you had to pay the full cost over the term such as towbar and others which were half/two thirds of the option cost.
 
Greebo said:
The answer is of course what you can afford.

PCP can be made as low as you want by putting more down as a deposit and of course varies depending on the mileage you state you are going to do.

And as said look out for dealer and manufacturers contributions. For example, as well as VW knocking £6k of the list price of a Touareg 262PS Rline v6 TDI recently they will also throw £5k contribution against a deposit on them.

Dealers will easily when pushed knock another £6k off the list price and the dealer I just dealt with was prepared to throw in another £1500 payment towards the downpayment.

Brings what would normally be £585 on pCP down to £319 a month based on 10,000 miles per annum.
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Out of interest how much deposit was put down by yourself to get a cost of £319 per month?
 
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