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[quote][i]Originally posted by mwg[/i] [quote][i]Originally posted by JadeM[/i] [quote][i]Originally posted by Matty G[/i] PCP finance you pay £330 a month. For the same car on a loan over the same amount of time you pay around £550 a month [/quote] But thats worst case taking no deposit & full balance over 3 years!!? Try getting a finance quote with a 2.5k deposit & over 4 years instead of 3!! After 3 years you have a car sitting worth about £10k to sell & settle whats outstanding......trust me you'll be quids in & you can still get a new motor every 3 years!! If these PCP finance things were that good dont you think everyone would do it:boggle: [/quote] So if I put down a 2.5k deposit with a loan and spread it over 4 years (not keen on 4 years) it would be a more manageable amount? Are you saying after 3 years I could sell the car and get out of the loan and still have money left over to put down as a deposit on another new car and a new loan? This is why I started this topic as I am not too clued up on all this :) [/quote]
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