I have recently received an offer acceptance for my mortgage to complete by May (new build house). I am wanting to get a new car in the meantime.
The car I am wanting gets £1750 dealer contribution if I get it on PCP and can scrap my car for £2500 (going for a Kia). If I get the PCP and then pay it off in the 14 day cooling period, would I have to pay back the £1750 dealer contribution/ would the dealer ask for it back. Secondly, if I did it this way would it affect my mortgage much? I am above the affordability for the mortgage even with the £300 pm finance per month, but obviously in this case I would pay it off straight away so would never have the monthly outgoings?
Thanks in advance