personal contract purchase FORD

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Joined
16 Jul 2011
Posts
523
Location
Cumbria, Ambleside
Hi

My wifes car is up for renewal with Ford personal contract purchase, she wants the same car but will cost her £1000 extra for the same spec?

The APR has gone up from 4.9 to 6.9%
The credit fee has gone up from £450 to £1330?

Monthly payments will go from £118 to £151 for the same car?

The Guaranteed future minimum value they offered is "the minimum"
bringing it back with less than the agreed milage on?

Then they try to sell us cars that only are on the forecourt surley we have a choice on what colour we want etc..

What are peoples thoughts/tips on PCP?
We going to get shafted the longer we stay on this deal or what?
Can we go to another ford dealership if need be?

Any help/info would be great!
 
I will neogotiate, seems daft to get the same car for more?
Her PCP 24 month contract is almost up hence why we popped down to see whats what.

Not really in a postition to buy a car as such so we thought this would be a more affordable way of getting one but it's turning out not to be the case.
I'll post my findings when I question the dealer on monday - about the rates etc...
 
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