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PCP - car purchase
craigsmith3047
Posts: 2
Newbie
in Loans
Hi,
I am in the process of buying a new car. It will be a PCP purchase (deposit, monthly payments & final payment). The final payment will be made in three years. My question is relating to VAT - do I sign this month or wait until August when VAT changes? (I'm not sure if car purchases done this particular way will be affected). Thanks
I am in the process of buying a new car. It will be a PCP purchase (deposit, monthly payments & final payment). The final payment will be made in three years. My question is relating to VAT - do I sign this month or wait until August when VAT changes? (I'm not sure if car purchases done this particular way will be affected). Thanks
0
Comments
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The change in VAT is on food, accommodation and attractions. It will not make any difference to the price of a car.0
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Thanks for the quick response. 👍🏼0
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