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What is a PCP agreement and what are your options when it ends?
Рет қаралды 3,354
Күн бұрынPlease watch: "Ford Focus 1 5 TDCI Zetec in Deep Impact Blue"
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Our founder David Bilsborough explains what a PCP finance agreement is and what your options are when it ends, rather than just trading your car in.
@pinterestexpress8870 2 жыл бұрын
Hi, thanks for the vid. I’m still not sure what my options are. My PCP comes to an end in a few months. I did have a new car on order, but have cancelled this as i have decided to keep my existing vehicle. The balloon payment is about £18k & the resale is around £30k. I don’t want to sell the car so what are my best options to refinance? Thanks
@CheshireCars 2 жыл бұрын
My personal view is to scan the lending through online lenders. £18000 is a fair amount to get a decent deal on rate. Maybe go to three years maximum ideally two years if possible. David
@pinterestexpress8870 2 жыл бұрын
@@CheshireCars thanks David-very helpful. Cheers
@pinterestexpress8870 2 жыл бұрын
@@CheshireCars David, i meant to ask. Should i look for PCP online deals or an alternative?
@CheshireCars 2 жыл бұрын
@@pinterestexpress8870 I would suggest HP/Loan. Less interest. David
@pinterestexpress8870 2 жыл бұрын
@@CheshireCars thanks again David.
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