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Finance or Outright payment?

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Comments

  • facade
    facade Posts: 7,971 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 20 January at 11:34AM
    unfocus said:

    A brand new version is £20k (compared to £17k for this 'nearly new' with 10k miles on the clock). Using the same deposit amount for the PCP enquiry form on both shows the monthly payment would be £12 more for the brand new then about £800 more on the optional final payment after four years. Total amount payable is about £2.5k more for the brand new. It's not EV so that wouldn't help my decision-making. 

    How does that work out?
    £12 x 48 = £576
    £800 more balloon
    Total £1376 more.

    If I were PCP'ing, I'd have the brand new zero miles one (with full manufacturer warranty) for £1376 more!
    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 ;))
  • matt_drummer
    matt_drummer Posts: 2,310 Forumite
    1,000 Posts Third Anniversary Name Dropper
    facade said:
    unfocus said:

    A brand new version is £20k (compared to £17k for this 'nearly new' with 10k miles on the clock). Using the same deposit amount for the PCP enquiry form on both shows the monthly payment would be £12 more for the brand new then about £800 more on the optional final payment after four years. Total amount payable is about £2.5k more for the brand new. It's not EV so that wouldn't help my decision-making. 

    How does that work out?
    £12 x 48 = £576
    £800 more balloon
    Total £1376 more.

    If I were PCP'ing, I'd have the brand new zero miles one (with full manufacturer warranty) for £1376 more!
    Deposit?

    The same?

    I suspect not.
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