25-10-13, 06:52 PM
FWIW My query with PCP is always asking myself the question "who is going to benefit". I can go out and negotiate myself a loan at the best rate I can. With PCP I have to take what is on offer with no negotiation. It will include their profit margin, excesses and a balloon payment on conclusion (as well as a strike in the outstanding finance box).
I'd always prefer to take out a personal loan and sell the bike on at a later date. It's personal choice and depends on circumstances and finances too.
YMMV, E&OE
I'd always prefer to take out a personal loan and sell the bike on at a later date. It's personal choice and depends on circumstances and finances too.
YMMV, E&OE
Opinions are like A**holes, Everyone has one. Some people seem to have more than one though which is a bit odd.