never done PCH before - the benefit of never owning a car that is just going to deterioriate is attractive
Guys and Gals
PCH is not done on the RRP of a car. It is done on the future residual value of the car. For example a car that costs £20k with discount and is worth £10k in 3 years time has a residual loss of £10k.
Sorry if i have taught granny how to suck eggs but I think this is the best way to own a car by a country mile.
If you lower the annual mileage it does lower the monthly payments.Oh yeah, and the cost of settling my PCP 2 years early. As I had it on an 8000/year deal and I've only done 2K I hope it'll work out nicely.
As these are Alfa UK deals I doubt there will be any room for movement on the deal itself. Time will tell.