• Home
  • Advice
  • Brands
  • Partners
  • News
  • Reviews
  • Forum
  • New car ratings

Our all-new and unique Expert Rating system analyses new cars based on dozens of UK media reviews to give you the best possible car buying advice. Check it out now!

PCP questions and help

Home Forums Car finance PCP questions and help

Tagged: 

This topic contains 1 reply, has 1 voice, and was last updated by Stuart Masson Stuart Masson 4 years, 4 months ago.

  • Author
    Posts
  • #66168 Reply
    Avatar
    Luke

    I have always paid out for a car and the past 4 year’s it’s been nothing but trouble, cam belt going, head gasket blowing etc.. and I am now looking at getting a brand new car on PCP. I’m really not fussed about not owing the car, I just want the piece of mind of that I’m never go got need to worry about big car repairs, failing MOT’s etc… I want to get the new Citroen Cactus and have been given the following offer from the dealer.

    Total on the road cost: £18,705.00
    Deposit: £3,400 (£1000 from me, £1000 from Citroen, £1400 part EX)
    Total Intrest: £1,710.16
    APR: 4.9%

    This come out at £260 per month and a final purchase of £7,689.00.

    The question I have is what happens at the end of the contract. I just want to get a new car every 3 years but need to know do I need to put down deposits every 3 year’s. If anyone can give me any advice that would be great…

  • #66170 Reply
    Stuart Masson
    Stuart Masson
    Keymaster

    Hi Luke. Have a read of our article about how a PCP works.

Reply To: PCP questions and help

You can use BBCodes to format your content.
Your account can't use Advanced BBCodes, they will be stripped before saving.

Your information: