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Paying off pcp early, will it be worth it.

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Comments

  • AFK_Matrix
    AFK_Matrix Posts: 682 Forumite
    Thanks for all the info guys. It won't be worth me paying off the PCP I have which is fine, just thought I might save some interest.

    And I would have used a Superbalance Transfer CC which basically allows me to transfer the money to my current account and then pay off the PCP. But I doubt I'd get anywhere near the limit required anyway.

    Thanks again.
  • motorguy
    motorguy Posts: 22,623 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is it 0% interst on the PCP?

    As its a used car and as per the VW promoted scheme at the moment, i'd be 99.0% certain its not 0%.

    From memory its quite a high APR - something like 10.9%
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