Stuck in a PCP deal

motorguy

k3lvc wrote: »

Was the deal done with a BMW dealer/BMW finance or some other dealer/finance ?


If the former and there's another BMW that will suit then go back and talk to the dealer - it's still going to cost you but they may well want to shift another car and have some financial leverage to make your shortfall appear less (though beware that in the long term it might not actually be less)


Alternatively lose the dog :eek:

Any deal with that sort of negative equity is just going to hide the problem in the new car finance deal using smoke and mirrors.

No need to loose the dog - fit a tow bar and buy a dog trailer if needs be

Smiffyd

Yeah I appreciate that I'm basically topping up my debt but needs must with the incoming kids I think. We have the monthly income to take the pain, just not the savings to buy a suitable car outright.

Still haven't found anyone who will finance the difference anyway at this point.

As is suggested, looks like we might have to put up with it for a while until I can get out of the deal.