Advice on different ways to finance
Advice on different ways to finance
Author
Discussion

FlyingTrotter

Original Poster:

639 posts

176 months

Sunday 4th March 2018
quotequote all
I have tended to buy cars outright but as I look to change my diesel Range Rover I am toying with going another route - the short question is what’s generally felt to be the best approach to acquire a vehicle and limit exposure to accelerating depreciation with the negativity surrounding diesels ?

This would be a private deal not through a business - ideally I would swap my current vehicle for a second hand 2 year old new model RR but if the maths works I am open to other options

I guess my thought is that with the pressure on diesels the manufacturers and the dealers selling cars like RRs may be supporting new car sales and perhaps the way to best access that financial support and hedge against the car depreciating by a greater extent over the next 4 years may be by some structure other than straight purchase

Would be interested in thoughts

VAGLover

918 posts

99 months

Sunday 4th March 2018
quotequote all
If you want to limit downside
Either lease (pch) or finance (pcp)
Pch doesn’t work on 2 yea old cars.
Pcp on second hand attracts high interest rates

Leasing or buying new may cost less per month for a better car