PCP V Car Hire??

papa_smurf_2

Hi, I've floated around the formum for some time now and gained some invaluable advice but have become stuck with my latest dilema and I'm hoping someone may be able to help?

I currently have a fully expensed company car, but have landed a new job :j and will be will recieve a monthly pre tax payment of £400 as a contribution towards a car.

My dilema is what should I do with this money? I've looked at the various sites mentioned on here such as Lings, and now feel even more confused than ever

I currently drive a Golf GT TDI 2L and would have liked to change this to an Audi A3 TDi, but the PCP I've been quoted come out at £575 over 4 years! However as an alternative the sales guy did offer me an Audi A6 2L TDi for £372.11 /m plus a baloon payment at the end of 2 years. It was fitted with sat nav, auto lights, windscreen wipers, 2 years warrenty, tax & break down etc and was nice to drive despite its size.

I need the car for company business and have estimated I'll do 20k miles per year. My question is, is a PCP the best route to go or is a no tie contract hire better?

If PCP is the best route - is there a huge catch with the Audi that I'm missing??

Any comments would be appreciated,

Thanks

nickmack

papa_smurf wrote:

I currently drive a Golf GT TDI 2L and would have liked to change this to an Audi A3 TDi, but the PCP I've been quoted come out at £575 over 4 years! However as an alternative the sales guy did offer me an Audi A6 2L TDi for £372.11 /m plus a baloon payment at the end of 2 years. It was fitted with sat nav, auto lights, windscreen wipers, 2 years warrenty, tax & break down etc and was nice to drive despite its size.

I need the car for company business and have estimated I'll do 20k miles per year. My question is, is a PCP the best route to go or is a no tie contract hire better?

If PCP is the best route - is there a huge catch with the Audi that I'm missing??

Firstly the quote you've had is probably from a dealership. It sounds very expensive. Don't be distracted by the salesperson to take a car you don't really want. Try getting quotes from SmartLease, FleetDirect, L4ASE and All Contract Services on the internet.