Quote:
Originally Posted by Vaheed1
PCP is pretty straight forward, no? deposit - payments - keep car or return car after hire period. What went wrong?
I think HP is a better option if you're keeping the car for a good few years - but £530 p/m for 5 years (which I presume is the term) can become a burden - considering that 5 years is a long time and you never know what's going to happen in that length of time.
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Remember with HP you can hand the car back after you have paid half the finance back.
Technically only 2.5 years to worry about and if the car depreciates less than payments you will be ok throughout.