23-11-13, 06:01 PM
Noggy, I thought at the end of the PCP contract, if you handed the bike back, as long as it was within agreed condition and mileage, you don't pay off the remaining? As the bike itself is paying it off? But yes, it's leasing the bike effectively, and you won't own it at any point unless you pay the final "balloon" payment at contract end.
Buck, the dealer may be saying that as it's a difficult time to sell bikes they don't want to give much for yours. But equally, their bikes should be priced lower if they want to keep turning over business. A balancing act, but you should be able to come out of it no worse than at any other time of year. I agree with Noggy, don't go to just one place, see what interest there may be at other shops. Good luck.
Buck, the dealer may be saying that as it's a difficult time to sell bikes they don't want to give much for yours. But equally, their bikes should be priced lower if they want to keep turning over business. A balancing act, but you should be able to come out of it no worse than at any other time of year. I agree with Noggy, don't go to just one place, see what interest there may be at other shops. Good luck.