I'm all over the place at the moment ! Eventually I want a Superb 280 but thought I might have a 184 Scout to tide me over....

So.... Me been totally impatient and knowing zero about this...

I understand I pay a deposit then monthly payments then give the car back.

I would be doing 8000 miles a year or less.

Who is the company to talk to ?

Do any of these companies have cars for immediate delivery ?

Cheers !

Your skoda dealer can sort you out a pch,do the maths between both pch and pcp, different packages suites different people, i went with pch on my vrs, the deposit is lower, so that if not touch can outweigh the fact theres nowt to come back to you, also the monthly payments were lower on pch,the advantage i found that with a chunk of money banked that would have been swallowed up in the deposit of a pcp, and no px, makes it easier to get a better deal if you change makes, the disadvantage being that you must keep on top of the cars condition, as anything over and above fair wear and tear would have to be paid for

Read up a little bit about PCP and PCH, lots on the net about both. Best to do some of your own homework so you have some idea of what you'd be potentially getting into and what you feel might suit you best.

Essentially PCP is like regular HP finance, but rather than making a regular set of payments for a set period and the car being yours on the final one......you pay a series of smaller payments for a set period (usually equaling circa 50-60% of the loan value minus deposit....for the final payment you pay the remainder (known as the baloon), you PX the car if the dealer can give you the right sort of money for it (preferably more than the baloon payment - effectively equity) or simply give it back to VWFS and walk away...the car having a guaranteed future value that will write off the remainder of the loan assuming the car is in good condition and youve kept within the agreed mileage limits.

PCH is a traditional business lease

...in that technically you are never likely to own the car and you are not even the registered keeper....you just pay VAT on it. Cars with good residuals/resale potential or vehiclea that are being backed by manufacturers to get more on the roads tend to work out a cheap to lease. You can take a car over an agreed term (often 1-4 years) and mileage allowance....pay 3-6 months worth of monthly payment as a deposit then pay monthly rentals until the end of the term. At the end you give the car back and walk away...again assuming the car is in acceptable condition and within the mileage limits.

Lease companies can be harsher on condition, mileage and early contract termination but can be a really cheap way to run a nice car for a year or few

..all depends on the deal. No depreciation worries, tax to pay and you can even pay to have them fully maintained (servicing/tyres)...so can prove to be very hassle free too.

I hope that helps but you really do need to look into it for yourself.

Cheers. Last Scout was pcp and is now 5 years old. I'm not bothered about keeping new after 3 years as I'm after th 280 Superb so pch sounds like the way for me at the moment.

Current car is totally immaculate after 5 years so keeping it in decent nick shouldn't be a problem :-)

Hi Nick_H

 

My car is currently contract hire.

 

The contract ends at the end of this month and gets inspected on the 27th.

 

Quite a number of the guys are interested in the outcome so I'm going to share my experiences with the forum after the inspection.

 

If you can wait till the end of the month it may be of interest.

 

Rob

I can never wait.... The Mrs can always wait..... Her waiting prowess over rides mine :-D

I've just got one, stayed with the pcp as with the current 0% and skoda deposit contribution plus a good discount brought the price close to a PCH. The thing I couldn't get over with the PCH is there is no way out if you need to.