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PCP - Fixed depreciation value peace of mind?
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5.5% APR and only £1000 deposit contribution on the PCP doesn't seem like a good deal.
Have you tried using the MSE Loan Eligibility Calculator:
https://www.moneysavingexpert.com/eligibility/loans-calculator/0 -
You can lease that model for under £10500 for 3 years, but you would have paid £3000 more under PCP by 3 years.0
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