1 year left on PCP deal - Can I take out a new deal

nufc_fan

One year left out of a 3 year PCP deal (VW solutions), and I want a new car. Does anyone know if I can take out a new deal early?

I presume this would not be a problem if i wanted to stay with VW but I am keen to get an Audi so obviously I would be changing companies.

Anyone work in the trade know if this is possible? Or anyone with a PCP deal done this in the past?

Cheers

missile

You can go into any dealer. They will get an instant settlement valuation on your car, factor in it's residual value and calculate a new deal on your next car. Be careful, check the T&Cs carefully. PCP is great for the salesman's commision but some are not as attractive to the punter.

nufc_fan

Thanks will do!

PCP is still the best option for me, I am in a good job but quite young with not massive amounts of savings. PCP allows me to drive a nice car with little deposit so not reducing the savings I have and regular payments, allowing me to keep my savings for other things and allowing me to drive a lot nicer car than I could afford otherwise.

albionrovers

Might even be the same company in the VW/Audi Group? Worth checking.