Thinking of buying a car on a PCP?
PCPs can be a great way of financing a new car but it’s not for everybody writes Geraldine Herbert When you buy a car on a PCP you are essentially paying to use it for a fixed number of years, with the option of buying it at the end of your contract or giving it back to the dealer. In terms of monthly repayments, it works out cheaper than hire purchase because it lets you defer part of the total cost of the car – a sum known as the...
Get the right deal to finance your new car
Spending hours finding a car to suit your needs but failing to research how best to finance it can cost you dearly in the long run writes Geraldine Herbert Nearly half of new car buyers will seal the deal within 30 minutes of setting foot inside the showroom, according to recent survey. But buying a car is a two stage process so it’s worth thinking about how you will fund the purchase long before you start short-listing...
