22-07-18, 05:24 PM
When you take back a vehicle that has been bought on PCP you might find that they value it at a lot less than you'd expect. They knock off value for every scratch etc and even if they think it's mucky.
Yes you are guaranteed that you can take it back and walk away - this is what they want you to do as that is where they are going to make their money.
If you trade in for another bike you will get bamboozled by ending your PCP and taking the new one out - You will lose a lot of money but they will spin it so you think it's a good deal!
I have bought a car on PCP, the salesman was very honest and explained all the pit-falls - no salesman in the other dealerships told the truth... I intend to pay the balance after the 3 years to own it outright which will piss them off no end.
If you trade in for another PCP you will be on finance forever - That is how it all works (for them).
Yes you are guaranteed that you can take it back and walk away - this is what they want you to do as that is where they are going to make their money.
If you trade in for another bike you will get bamboozled by ending your PCP and taking the new one out - You will lose a lot of money but they will spin it so you think it's a good deal!
I have bought a car on PCP, the salesman was very honest and explained all the pit-falls - no salesman in the other dealerships told the truth... I intend to pay the balance after the 3 years to own it outright which will piss them off no end.
If you trade in for another PCP you will be on finance forever - That is how it all works (for them).