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End of PCP Valuation

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Hello,

 

I am a little while away from the end of my PCP deal but was thinking some of you will be there by now (or have passed it).

 

I have a Rapid Sport with the GMFV of around £5500 and 8000 miles/year deal.  Im probably going to be at least 1000miles under the 28000 allowed in the deal.  I was wondering if ther was any other Rapid Sport owners that had finished their deals and if they had any equite i their PCP?

THanks

Edited by davrostavros

what equity you have in the vehicle will depend on what you plan to buy and what they offer on part ex

  • 2 weeks later...
  • Author

Just a little update.  Skoda said that I am still £815 short of being able to do a VT without a fee, which is in about 5 months time.  So itll be about 35 months into the 42 month agreement.  Im assuming then that this 50% that is in the T&C includes the GFMV and not just the amount of finance to be paid without the the GMFV?

Yes it's 50% of the total cost payable

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