Guess the car

[sim72]

[shoehorn]

A 12 year old corsa diesel bought from one of those used car supermarkets,using one of their cheapest finance packages,I see you got the 10% discount you jammy git!

[sim72]

I can assure you that PCP is (unfortunately) nothing to do with me, was posted by a friend in the trade on t'Interweb.

[haggishunter]

Something you couldn't afford to buy outright?

[...Mole...]

Rolls-Royce Wraith

[Impasse]

Ignis.

[dudleybloke]

Capri ghia.

[tbc]

Morris Minor 1000

[r11co]

When you see the numbers scaled up like this it makes it pretty clear why financing a depreciating asset on credit for anything more than 24 months is a bit mental. Even worse is financing only a percentage share in that asset.

Having said that, we will still get the plethora of 'I can afford X per month' sheeple justifying their decision to spend even more because they have even less in order to pretend otherwise.

[Superhoop]

An 18 year old Peugeot 406 with 140k and full service history?

[delboy735]

A fully specced up BMW 320D ???

[DoctorX]

Where's Chris Harris? Looks like his sort of deal.

[David87]

I'm going for a Lamborghini Huracán with lots of options.

[sim72]

Mole was closest. 333K? Ouch.



Looking at the prices of used Mulsannes, that 93K final payment fee wouldn't be far off what the car will actually worth by 2018. And you've already paid 240K for it.

Edited by sim72 on Saturday 23 August 13:04

[SV8Predator]

sim72 said:

that 93K final payment fee wouldn't be far off what the car will actually worth by 2018.

So they've done their sums correctly then?

[TheEnd]

Does that include Supagard?

[tbc]

DoctorX said:

Where's Chris Harris? Looks like his sort of deal.

If you believe what harris says, he's paying £1500 a month for an FF

[xRIEx]

SV8Predator said:

sim72 said:

that 93K final payment fee wouldn't be far off what the car will actually worth by 2018.

So they've done their sums correctly then?

So that's how PCP works!

[valiant]

12.5% apr? That's a bit rich, non?

Surely if you're in a position to afford such a car then you'll be able to secure a better rate unless Carcraft have improved their stock recently.

[FourWheelDrift]

£333k. That's a lot of money to pay for a car that makes a Maybach look beautiful.