26-10-13, 11:17 AM
you are getting warm when you ask just who will benefit...
personally I would avoid pcp schemes. They basically try to tie you to a brand. If u pay cash or bank loan you have much more freedom.
essentially a pcp is a rental .You dont own anything till u pay it all off.
as ever the best way to compare is to work out the " cost of sale" ie what is the actual cost of each transaction. PCP also tend to disguise true cost of the sale.
AND , with any new bike purchase,u have to factor in the depreciation cost too....a massive hidden cost when buying new.
personally I would avoid pcp schemes. They basically try to tie you to a brand. If u pay cash or bank loan you have much more freedom.
essentially a pcp is a rental .You dont own anything till u pay it all off.
as ever the best way to compare is to work out the " cost of sale" ie what is the actual cost of each transaction. PCP also tend to disguise true cost of the sale.
AND , with any new bike purchase,u have to factor in the depreciation cost too....a massive hidden cost when buying new.