PCP help

[MrPetrolHead]

Hi guys i got a car on PCP at January and i want to change it any ways i could give the car back or just upgrade to another car? I got a new job doing way better and i just want a different car that is more fun to drive.

[Butter Face]

You need to get a settlement figure and a valuation on your car, see how much the difference is and if you want to/can pay that.

That’s the simplest answer you will get.

[Deep Thought]

MrPetrolHead said:

Hi guys i got a car on PCP at January and i want to change it any ways i could give the car back or just upgrade to another car? I got a new job doing way better and i just want a different car that is more fun to drive.

If you are prepared to take a massive financial bath, then yes. No problem at all, but expect there to be a minimum of a £5,000 hole to fill just to get out.

To attempt to do so this soon just because you fancy a change would either make you very rich or very foolish.

[Bungleaio]

I changed my last car after 6 months and I only lost £1200 but I did get a belter of a deal when I bought it and they were keen to do a deal on the new one.

[MrPetrolHead]

Deep Thought said:

If you are prepared to take a massive financial bath, then yes. No problem at all, but expect there to be a minimum of a £5,000 hole to fill just to get out.

To attempt to do so this soon just because you fancy a change would either make you very rich or very foolish.

yeah would be foolish to be honest lol fuk it i rather keep it and buy a weekend toy instead

[Deep Thought]

MrPetrolHead said:

Deep Thought said:

If you are prepared to take a massive financial bath, then yes. No problem at all, but expect there to be a minimum of a £5,000 hole to fill just to get out.

To attempt to do so this soon just because you fancy a change would either make you very rich or very foolish.

yeah would be foolish to be honest lol fuk it i rather keep it and buy a weekend toy instead

Yes, i think thats the way forward. Lots of weekend toys can be bought that will have little or no depreciation. I bought a lovely Boxster for £6,750, ran it a year and sold it for £6,850.

[Deep Thought]

Bungleaio said:

I changed my last car after 6 months and I only lost £1200 but I did get a belter of a deal when I bought it and they were keen to do a deal on the new one.

So the dealer you bought it off gave you just £1,200 less for the car six months after you bought it, when trading it back in?

Is that the 2017 595?

What did they subsequently retail your car at? Presumably more than you bought it for in the first place?

Edited by Deep Thought on Saturday 27th April 19:45

Edited by Deep Thought on Saturday 27th April 19:46

[Bungleaio]

Deep Thought said:

So the dealer you bought it off gave you just £1,200 less for the car six months after you bought it, when trading it back in?

Is that the 2017 595?

What did they subsequently retail your car at? Presumably more than you bought it for in the first place?

Edited by Deep Thought on Saturday 27th April 19:45

Edited by Deep Thought on Saturday 27th April 19:46

They had it up for what I originally bought it for but that was less than they were originally asking for. A case of being in the right place at the right time I think.