Zopa PCP - Can you make overpayments?

IAMIAM

Does it continually update the monthly payment if you do, hence reduce total interest and monthly payment and keep the balloon payment in tact?

Mildly_Miffed

The balloon will always remain the same on a PCP - it's the estimated value of the vehicle at the end of the contract.

So, yes, overpayments should reduce future monthlies and thereby interest.

IAMIAM

Great! I plan to over pay and hope it will reduce my interest to minimal and therefore a 'free' car for 48 months and decide whether to keep or return in 4 years