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Citreon C1 PCP help

Home Forums Car finance Citreon C1 PCP help

This topic contains 1 reply, has 1 voice, and was last updated by Stuart Masson Stuart Masson 7 months ago.

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  • #138989 Reply
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    Nigel

    Hi all I was wondering if someone could help me out. I purchased a new shape Citroen C1 Flair in 2015 I have it on a 4 year PCP deal which will come to an end next September 2019. I paid as follows
    Vehicle price : £8995
    Deposit : £300
    48x £158.67 p/m
    When everything is added up it came to £11,415.16.
    Final payment is £3,499.00
    GMFV is £3,300.00
    I had an online valuation done yesterday it can back to trade in price of £3,940.
    What I want to know is how will this work next September when I want to trade it in for something else
    What will I owe? Will I need another deposit? It’s worrying me a bit at the moment, I checked with Barclays partner Finance and the settlement figure is £5100 as of today. Any advice would be much appreciated.

  • #141877 Reply
    Stuart Masson
    Stuart Masson
    Keymaster

    Hi Nigel. Have a read of our guide to how a PCP works.

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