PCP Mileage Change
Author
Discussion

jon18

Original Poster:

3 posts

84 months

Saturday 28th September 2019
quotequote all
Hi

I bought a car through PCP on Wednesday. However, on Friday I was offered a new job further afield and will now obviously incur more miles.

Does anybody know if there is a way to increase the mileage through the finance company (Blackhorse). The dealer said they aren't able to their end so to contact Blackhorse. Before I do I wanted to post here to see anybodies take on it.
Anybody have any experience of upping their mileage agreement during their deal?

Thanks

alistair1234

1,134 posts

175 months

Saturday 28th September 2019
quotequote all
There’s no need, just pay the penalty per mile at the end. It’s normally cheaper taking out a pcp with the lowest miles and paying the penalty anyway.

jon18

Original Poster:

3 posts

84 months

Saturday 28th September 2019
quotequote all
Ah ok.

Does going over the milegae not affect the future value that they gave me? I intend on trading the car in anyways to be fair when the deal is up as opposed to keeping it.

Monkeylegend

29,138 posts

260 months

Saturday 28th September 2019
quotequote all
Some say that if you terminate the lease a couple of months or so early you don't even have to pay the excess mileage charges although apparently you might with VW.

But who knows.

And on that bombshell.............

jon18

Original Poster:

3 posts

84 months

Saturday 28th September 2019
quotequote all
Thanks for the advice!

Twig62

763 posts

125 months

Saturday 28th September 2019
quotequote all
How many miles do you anticipate that you will exceeded your specified limit by at the end of your agreement ?

Mandat

4,609 posts

267 months

Saturday 28th September 2019
quotequote all
jon18 said:
Ah ok.

Does going over the milegae not affect the future value that they gave me? I intend on trading the car in anyways to be fair when the deal is up as opposed to keeping it.
If you are going to trade the car in then the mileage limits won't be applicable.

At trade in time the car will be valued based on the condition / mileage it is presented in, just as any other trade in.

Mandat

4,609 posts

267 months

Saturday 28th September 2019
quotequote all
Monkeylegend said:
Some say that if you terminate the lease a couple of months or so early you don't even have to pay the excess mileage charges although apparently you might with VW.

But who knows.

And on that bombshell.............
Except, the OP does not have a lease.

Monkeylegend

29,138 posts

260 months

Saturday 28th September 2019
quotequote all
Mandat said:
Monkeylegend said:
Some say that if you terminate the lease a couple of months or so early you don't even have to pay the excess mileage charges although apparently you might with VW.

But who knows.

And on that bombshell.............
Except, the OP does not have a lease.
Ok PCP.

All the same , you borrow a car you can't afford to buy then send it back and hope for the best.

The gospel according to PH smile