Purchasing Route for next car, PCP or Loan?

[infernouk]

Hi guys

I am starting to consider a new car as my circumstances are getting better and the option will soon be available.

I currently have a 2011 corsa i bought new when i was 20, so now im 26 and the car is 6 years old.

Im considering 2 cars specifically at the moment, a fiesta ST for around 17k new on 0% PCP, or a Toyota GT86 2 years old (itll have 3 years warranty left on it) with 10k or less mileage, also for 17k.

Issue is that obviously theres no PCP on the used car so id be looking at loans rather than PCP, benefit is less depreciation hit, disadvantage is that its going to have some level of APR.

I was wondering is there a clear winner in the two i am not seeing? or are both equally as viable as methods? Some background, I am 26 with a 30k job but am moving shortly to a 40k job, going to be renting a flat also soon. I have no debts beyond student loan and no major outgoings besides the usual food, phone, gym etc.

Cheers for any insight into making this decision!