PCH or PCP

[forzaf1]

Having been a PCH customer for a number of years, I am now starting to wonder if PCP is now better?

I normally go with BMW and Audi deals but we all know, lease deals are through the roof at the moment. I have an 8 series on lease and its 399 a month. Cannot get anywhere near this now and its due to go back in June.

I look at the costs and it seems that to get a fairly decent new 3 series, the prices are the same as PCP for a slighty used one. Difference being that PCP its your car.

Whats peoples thoughts on PCP nowadays?Anyone got any advice?

[nick1871]

So many variables, you can’t say one is better than the other, it depends on each deal.

You’ll need to decide what your after then find the best deal available that suits your needs. I’ve just settled a PCP after 10 months as the equity was way more than expected, I sign for another in about 6 weeks but not expecting to do so well this time as the market is changing.

A PCP gives much more flexibility than PCH, you’re free to sell up when you like, if you take a 3 year lease you’ve got to make sure the car is going to suit you for the next 3 years.