Anyone buying a Mustang on a PCP Deal ?

[J4CKO]

Just wondering what is typical and whether I can afford one ?

Say I have ten grand deposit to put in, then you pay for it monthly for say three or four years and there is a final balloon payment to own it ?

What would be the typical monthly payments and what would be the value of a 35k mustang at three or four years ?

Would £300 or so a month cover it ?

And then say a 12 grand final payment ?

Am new to this, normally buy cars cash but the new Mustang is too tempting.

[J4CKO]

d8mok said:

J4CKO said:

Just wondering what is typical and whether I can afford one ?

Say I have ten grand deposit to put in, then you pay for it monthly for say three or four years and there is a final balloon payment to own it ?

What would be the typical monthly payments and what would be the value of a 35k mustang at three or four years ?

Would £300 or so a month cover it ?

And then say a 12 grand final payment ?

Am new to this, normally buy cars cash but the new Mustang is too tempting.

If you want to send me a email I with what spec you want I'm happy to run figures for you tomorrow.

But as a quick calculation your GFV isn't going to be £12k , more like £17k on 6000 miles pa.

I can reduce the GFV down by making the payments higher but it's definitely going to be above 300 by quite a margin.

Kind of thinking I will need a bigger deposit, but spec wise, a Ruby Red V8 with the Custom pack and Ebony interior.

Mileage wise, would be under 6k so that isnt a problem.

I am thinking its probably too much of a stretch currently, but it isnt completely out of the question, I can afford the payments up to £300, maybe a bit more but dont want to leave myself short for other stuff.