doyler3000

Yes the attraction of PCP was being able to hand the car back in 3/4 years, (especially if prices of petrol/diesel cars are depreciating faster due to electric cars) rather than the interest rate which would be better from a personal loan. It's hard to see home charging being viable for quite a few years, especially when you don't have your own driveway. Presumably before that happens commercial garages will have plugin points that can juice up a battery almost as fast as filling a tank?

Thanks gkr47 - the more opinions the better. I agree that scarcity of petrol cars (as manufacturers shift production to electric) might make them more valuable! But the changing infrastructure, environmental effects, government incentives etc might negate all that? I know I'm trying to see the future :-) but it's helpful to know other people have thought about this and there might be some sort of consensus?

Hi all, I fancy moving into the Skoda world, in particular the Octavia world, due to the big old boot. This question is applicable to all cars though. I'm scratching my head about PCP versus cash though and it's mainly because I worry that in 4/5 years time I'll want to move to an electric car but it'll be difficult to shift the petrol one. I'm looking at a 2020 model, roughly 13k. Options are 1. Scraping together the cash but potentially being left with a car that's difficult to sell in 4/5 years. 2. Going PCP and paying about 2k extra in interest over the term but having the option to hand the car back at the end of the term rather than make the balloon payment and then trying to sell it in a shrinking market. If electric cars weren't looming then I'd definitely favour option 1. Anyone else having this dilemma, or am I wrong thinking petrol cars are going to start depreciating faster as the electric infrastructure gets put in place?