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Anybody Actually Got Any PCP Equity?

AllanDJ
in Skoda Octavia Mk3 (2013 - 2020)

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My local dealer was pushing really hard for me to go for PCP, But I went for PCH from a firm in Scotland £390 with £1170 deposit for Octavia VRS 4x4 and 20,000 miles per year

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  • andyvee
    andyvee

    PCP Equity LOL!   The whole idea of PCP is that the GFV is the market value so neither you or the finance company lose.   Anyone who entered into a PCP thinking they were going to get more than 1K

  • Dodgy
    Dodgy

    It's just long term car rental, I just accept that a few hundred quid a month is the cost of having access to a car that I don't have to do any work on.   Once you accept this mindset, the world bec

  • JKW
    JKW

    I had thought the latest deal offer (£2k plus £500) would be ideal for me at this point (34 months into 42 month PCP ) to order a new one - Wrong !! With no equity now ( mileage double what it should

That's decent for a high mileage.

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