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Discounts for using PCP
jazzygiraffe
Posts: 5 Forumite
in Motoring
Hi
I have the cash to buy a new car but it seems that my garage can offer better discounts if I use the PCP scheme.
They have 'suggested' that it wouldn't be a problem if I bought the car using the PCP and then paid it off within the 14 day cooling off period, thus benefitting from the discounts and not paying any interest/fees on the PCP.
I will obviously check out the terms and conditions, but does anyone see any major problems with this plan. Even if I pay a small amount of interest, they are talking of discounts worth around £900 if I use the PCP.
Many thanks for any help anyone can give.
I have the cash to buy a new car but it seems that my garage can offer better discounts if I use the PCP scheme.
They have 'suggested' that it wouldn't be a problem if I bought the car using the PCP and then paid it off within the 14 day cooling off period, thus benefitting from the discounts and not paying any interest/fees on the PCP.
I will obviously check out the terms and conditions, but does anyone see any major problems with this plan. Even if I pay a small amount of interest, they are talking of discounts worth around £900 if I use the PCP.
Many thanks for any help anyone can give.
0
Comments
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Quite a common thing to do. Ford were recently offering £2.5K if you took out finance and many took advantage then paid off early.
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0 -
Absolutely no problem with this, many people do it. I'm a bit surprised though that the dealer actually "suggested" that themselves, although at the end of the day it's no skin of their nose.0
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