We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
buying used mazda - HP sourcing help
TBeckett100
Posts: 4,732 Forumite
in Motoring
I went to a Mazda dealer today and picked out a car i like. I enquired about PCP but after telling him my annual mileage was 40k, he told me not to bother. instead take out a 5 year HP agreement and send the car back after half has been repaid. This seems sensible as contract lease would cost me 1.400k upfront and then £380pm wheras HP would be £260 and he said he would make the deposit as minimal as possible. He explained that the car would be worth nothing after 3 years, certainly owing more than the value so this was the best way of doing it.
I am due to take a test drive on sat. do i let them source the finance or go somewhere else?
i stumbled across Driven leasing & finance and they seem to be able to offer a brand new car (the one i was looking at was 1 yr old) at the same price.
any ideas - anyone used DRIVEN?
I am due to take a test drive on sat. do i let them source the finance or go somewhere else?
i stumbled across Driven leasing & finance and they seem to be able to offer a brand new car (the one i was looking at was 1 yr old) at the same price.
any ideas - anyone used DRIVEN?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards