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Paying off Car PCP
bellabooski
Posts: 164 Forumite
in Loans
Hi everyone,
I would like to pay off my Car PCP and keep the car for quite a few years. I'm sure I've read on the forum somewhere that to save early settlement interest/fees it's best to leave a little of it owing, maybe one or two monthly payments.
I may have got this wrong I'm not sure, can anyone advise please?
Many thanks in advance of any help.
Bella
I would like to pay off my Car PCP and keep the car for quite a few years. I'm sure I've read on the forum somewhere that to save early settlement interest/fees it's best to leave a little of it owing, maybe one or two monthly payments.
I may have got this wrong I'm not sure, can anyone advise please?
Many thanks in advance of any help.
Bella
0
Comments
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That's generally true of most loans.0
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Deleted_User wrote: »That's generally true of most loans.
Many thanks zx81 for your very prompt reply, very much appreciated. 0
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