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Car finance options

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foolishboy
foolishboy Posts: 321 Forumite
Hello,

I currently get a company car allowance of around £350 after tax, so this is my monthly budget for a new car - but clearly I'd like to get the most for my money.

Last time I did a PCP on a brand new golf, cost about this per month, and it worked out great. However I'd like to think about it a bit more this time around, and look at more options.

Can I get a similar deal (Deposit + monthly payments + balloon payment) on a nearly new car? If so, who does them?

Basically what I'm asking I suppose is what scheme, on what car (I'm assuming not new, this isn't important) will get me the most car for the £££.

Thanks in advance!
FB

Comments

  • paulmcerlean
    paulmcerlean Posts: 831 Forumite
    You can get PCP type deals on cars up to 2 years old from main dealers working on the same principal as if bought new with deposit, payment, balloon.

    You will need to go to your main dealer of choice and do the deal direct.
  • foolishboy
    foolishboy Posts: 321 Forumite
    You can get PCP type deals on cars up to 2 years old from main dealers working on the same principal as if bought new with deposit, payment, balloon.

    You will need to go to your main dealer of choice and do the deal direct.

    Thanks Paul .. does it have to be main dealer? Or are the offers they have just as good as anyone else?

    Thanks!
    FB
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