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MLAtherton
Posts: 11 Forumite
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You can settle the PCP, then the car is yours to sell to your parents. They could give you the settlement figure from a bank loan say, and then you simply give them the car- they have bought it off you for the settlement figure.Lenders don't like to change the name on a PCP.I want to go back to The Olden Days, when every single thing that I can think of was better.....
(except air quality and Medical Science
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What exactly have the finance said about only allowed one PCP?
That seems very odd to me - there must be many households where they operate with more than one PCP vehicle but the finance is in the same name for all if there is a single "bread-winner". A couple, parents getting a car for children, a car plus van...
PCP is just a marketing thing to sell cars and car dealers will do anything to sell cars.
I don't like PCP, but you seem happy with that type of arrangement, I am sure something will be possible.0 -
Finance your new car with something other than a PCP?0
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