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At the end of the day, you want it to cost you the least over the period you want to be in it.
It is as simple as that.
Most PCP agreements will set the balloon to around 35% of list at 3 years old, 30% at 4 years old and 25% at 5 years old.
However, some cars are still worth 65% of list at 2 years and 50% at 3 years, which is where contract hire works.
Also, the contract hire companies get massive discounts and they get the vat back.
They also have buy backs agreed at rates we could never negotiate, it helps the marques shift some metal.
Never put down £10,000 into a car you don't want to own!!!
Buying a new car for cash is a mugs game.
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