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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?
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