PCP Mileage

mark5

motorguy wrote: »

Well, if you cant manage your money & outgoings, have no job security, dont have redundancy insurance, dont have savings, and poor opportunity of getting another job, then PCP deals arent for you?

I do lease hire myself but still think the risks should be looked at carefully, how many threads do we get on here from people who are 12 months into pcpc's and want out?

Personally if I was doing a pcp I would go for an accurate 12k and pay for the car as I use it, as opposed to knowing I'm going to be owing the finance company for 18,000 miles at the end.

motorguy

mark5 wrote: »

I do lease hire myself but still think the risks should be looked at carefully, how many threads do we get on here from people who are 12 months into pcpc's and want out?

Personally if I was doing a pcp I would go for an accurate 12k and pay for the car as I use it, as opposed to knowing I'm going to be owing the finance company for 18,000 miles at the end.

Yes, i agree. However i think the people who actually have real problems with a PCP deal are in a very small minority compared to those who use the product as it was intended.