22-07-18, 10:06 PM
PCP's are fine if you understand all the costs and pitfalls.
It can work in your favour - which is why I took my car on a 0% PCP deal instead of HP.
Yes I've got to have about £5,000 ready in two years time and if I haven't got the cash I can always get a loan.
If you want the latest bike and don't mind handing it back after three years I don't think it's too bad a deal. You haven't got the worry of trade in values etc but it will cost you. Then you can get the next 'latest thing' and thrash that for 3 years...
It can work in your favour - which is why I took my car on a 0% PCP deal instead of HP.
Yes I've got to have about £5,000 ready in two years time and if I haven't got the cash I can always get a loan.
If you want the latest bike and don't mind handing it back after three years I don't think it's too bad a deal. You haven't got the worry of trade in values etc but it will cost you. Then you can get the next 'latest thing' and thrash that for 3 years...