Expiring PCP

hep2o

My Fiat PCP expires at the end of April which I was going to roll over to another new car. I can't contact the dealership or the finance branch, no response to phone or email. At the end of April what happens to the car as I need one for shopping and medicines etc?

Herzlos

It'll almost certainly just keep rolling on - you'll keep the same monthly payments and hold onto the car for a bit longer.

The problem most people are having with PCP is that no-one is willing to come and collect the cars so they are unable to get terminate the contracts.

marlot

Check the fiat website.  I noticed that mazda were giving a three month PCP extension free of charge.  Perhaps fiat may do similar?

KimJongUn88

Given the state of the used car market,
I doubt very much there will be any equity to roll over as the true value of the car will be below the GFV. 

In the absence of a free extension, I’d personally just look to start a new PCP if at all possible.

hep2o

Thanks for the replies, hopefully sorted, Fiat has emailed me at last and the details are being forwarded to the refinance dept.