The Official PCP Finance Thread

[em177]

Right, there seem to be a lot of threads about people who are in, looking at or asking questions about PCP finance. And how it compares to a standard Hire Purchase deal, and buying the car 'outright with cash'.... Bearded Director Style!

So how about using this thread to for people to ask questions.

Whether you're a first timer wondering why I'm posting about phenylcyclohexylpiperidine drugs. Or someone asking for in depth advice on how to get out of being stuck paying too much for a diesel washing machine.

Let the discussion arguing begin

• Disclaimer - please can we avoid the "£400 a month!? You could buy a whole Mx5 for that" type comments. Coming from someone who owns a sub £400 Mx5.... I can assure you its not everyones cup of tea *

[daemon]

This wont end well....

... but i'm in.

Edited by daemon on Tuesday 8th January 15:31

[em177]

daemon said:

This wont end well....

... but i'm in.

Edited by daemon on Tuesday 8th January 15:31

I'm fairly confident of the same but no harm in trying :P It's worth pointing out I'm no PCP guru but I know there are some on here who are!

[Save Ferris]

"So, let me get this right, when I come back in 3 years, that GFV thingy you were on about, I can use all of that as my deopsit, right?"

[daemon]

em177 said:

daemon said:

This wont end well....

... but i'm in.

Edited by daemon on Tuesday 8th January 15:31

I'm fairly confident of the same but no harm in trying :P It's worth pointing out I'm no PCP guru but I know there are some on here who are!

Well, i know them pretty well but they're not the be all and end all - every car purchase should warrant an open minded look at how best to finance it. That will vary based on the individual, their cashflow, and their current needs. A lot of the time other ways of financing suit better.

[daemon]

We now just need someone to make a contentious statement, so we can all argue, sorry debate it.