Quote:
Originally Posted by MEGA
The OP wants PCP which will not attract anywhere near that low an APR. However, that site still appears to be getting some good deals at the moment and is worth a look. Anything around the 9% mark would seem reasonable on PCP at the moment..
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Agreed, but the detail is worth looking at.
For a 335i msport over 4 yrs / 40k miles they are suggesting:
10.9% APR for PCP with a balloon of £ 9,520
6.4% APR for lease purchase with a balloon of £ 8,400
Both balloons are low. I reckon you would easily get £15k for the car at the end of the term. Maybe less, but anything under £10k is well and truly safe.
Where it gets more interesting is the total payable. Lease purchase is £3,309.28 less than the PCP figure.
As the risk on value is pretty low, for me lease purchase is the obvious answer IF those rates are real.