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!
New car or not
Hi
I'm looking for some advise.
My pcp is coming to an end and i have the usual three options.
(£2800 final payment)
i would like some advise on what to do, i have a healthy 05 megane, no problems really.
i went to a few garages last weekend and nothing really jumped out at me but i know i fancy a 5 door yaris.(i want to downsize) the garage never had any nearly news suitable only 3 doors although they had a 59 plate 3 door for the right repayment. (clearing pcp and using £100 deposit)
i then started thinking well i could get a loan and just buy my car but it works out to be the same payments.
my questions is do i keep my car, get a 24 month loan and then use my car as a deposit. Or do i go for a newer car as the payments are the same??
if i was to hand the car back how fair are their assesments???
I'm confused and the letter says i only have two weeks to decide.
I'm looking for some advise.
My pcp is coming to an end and i have the usual three options.
(£2800 final payment)
i would like some advise on what to do, i have a healthy 05 megane, no problems really.
i went to a few garages last weekend and nothing really jumped out at me but i know i fancy a 5 door yaris.(i want to downsize) the garage never had any nearly news suitable only 3 doors although they had a 59 plate 3 door for the right repayment. (clearing pcp and using £100 deposit)
i then started thinking well i could get a loan and just buy my car but it works out to be the same payments.
my questions is do i keep my car, get a 24 month loan and then use my car as a deposit. Or do i go for a newer car as the payments are the same??
if i was to hand the car back how fair are their assesments???
I'm confused and the letter says i only have two weeks to decide.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards