PCP Deals on used cars I am looking at?

[Frimley111R]

I'd love to get back into a Lotus and have £20k as a deposit. I'd like an Exige V6 but at £50k they are probably a bit far out of my budget but Elise's at under £40k could be doable. Problem is that all the adverts show a finance button that just makes me fill in a form to get a PCP quote. I just want a guide to see how nice I have to be to SWMBO if I want to get serious.😄 Can anyone give me some guide figures or even what you pay?

I'm also anticipating that despite the high used prices of all cars at the moment, Lotus' will stay high due to no more new models.

[AndyD360]

Know there a whole load of variables that mean the comparison could be miles out but the purchase price is in the ballpark:

https://www.porsche.com/uk/models/718/718-models/f...

[rix]

Easy way is to go on auto trader and do a search but rather than cash, select finance. Enter your other search criteria and your deposit etc and it will give you a guide - sort my monthly cost. Results will be a mish mash of PCP and straight HP but should give you a rough idea on lowest monthlies

Edit - noticed it only allows a search on a max of £10k deposit, but hey, should be able to factor that in...

https://www.autotrader.co.uk/car-search?postcode=c...

Edited by rix on Sunday 27th February 15:16

[hajaba123]

have a look on the magnitude finance website, you can do rough quotes on most cars

[Deep Thought]

With a £20k deposit on a £40-50k car you could finance the rest with a cheap loan at maybe 2.8% APR.

You might have to push the term out to 5 years to make the monthlies palatable but youd own the car from day one and you wouldn't be suffering big interest charges