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Car Finance (PCP)

FTBNow · 2018-05-18 13:00:59

Hi all, Was hoping someone could help! I currently have car finance with Black Horse, taken out 23rd March of this year. Me and my partner are moving to a new area where a train station is within 0.5 miles of the property, and I work in the local city centre. It makes sense (certainly financially) as he drives to probably…

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Nasqueron Posts: 10,761 Forumite

22 May 2018 at 10:37AM

foxy-stoat wrote: »

Fixed that for you.

No you didn't, really you didn't

I had 20k for a new car, obviously it was decreasing with payments but I changed to Santander when I took out the PCP and at 3% a year on the 123 account alone, last time I looked I had earned over £1200 in interest alongside hundreds of pounds in cumulative interest on all the savings plans I was doing

Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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