PCP or HP, how do I choose?

Grumpy_chap

macman said:

You've given us no indication of whether you can afford the much higher monthly cost of a PCP vs HP? if you can't, and you must have a new vehicle, then the decision makes itself.

Is that back-to-front?

BOWFER

It's worth asking with PCP/lease though, you never know.
I noticed a great deal for our leased Evoque based on 6000 miles per year, I got them to agree to 12500 miles per year for the same monthly cost.

Grumpy_chap

BOWFER said:

It's worth asking with PCP/lease though, you never know.
I noticed a great deal for our leased Evoque based on 6000 miles per year, I got them to agree to 12500 miles per year for the same monthly cost.

That seems like a good outcome - I was not even aware that lease rates could be negotiated for the individual lease (obviously different for companies after hundreds of cars).
Do lease companies have the equivalent of stock cars and monthly / quarterly targets?  Or, perhaps their supplying dealer network do?

BOWFER

Grumpy_chap said:

BOWFER said:

It's worth asking with PCP/lease though, you never know.
I noticed a great deal for our leased Evoque based on 6000 miles per year, I got them to agree to 12500 miles per year for the same monthly cost.

That seems like a good outcome - I was not even aware that lease rates could be negotiated for the individual lease (obviously different for companies after hundreds of cars).
Do lease companies have the equivalent of stock cars and monthly / quarterly targets?  Or, perhaps their supplying dealer network do?

Many lease companies offer stock cars that they can offer deals on.
It won't be their stock, it will be dealers they deal with.
Our last two lease cars (Evoque and Sportage) were stock and were collected within 2 weeks of first enquiry.

macman

Grumpy_chap said:

macman said:

You've given us no indication of whether you can afford the much higher monthly cost of a PCP vs HP? if you can't, and you must have a new vehicle, then the decision makes itself.

Is that back-to-front?

Yes it is. But you got the general idea...