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PCP Advice needed !

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  • Herzlos
    Herzlos Posts: 16,298 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The car is worth £2000 trade-in. If you trade it in then you'll need to buy another car for more. 

    So unless there's some reason you need a different car I'd take the finance to pay the £3000 balloon and keep it. Otherwise you'll be paying £1400 to hand it back plus whatever for the next car (almost certainly more than £1600)
  • Hi Everyone, 

    Thank You for your advice and points.Much appreciated. I have been able to trade in and secure a cheaper PCP deal so i'm really pleased with that. 

    Thanks again all
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