The attached extract from the latest Which? may be relevant regarding PCP. For me, the interesting number is Which?'s estimated trade-in value of £5,363 after 3 years which looks a lot lower than what I would expect for a Jazz. Or maybe it reflects a lot of ex-PCP vehicles being dumped on the market and bringing down the trade-in value for the rest. Food for thought?
The rest of the interview is quite intriguing: On the one hand there's the declining sales numbers and on the other hand there's the claimed shortage of the models which people want to buy which could explain why Honda felt they could get away with the New Year price hikes. If the dealers aren't making good margins then Honda UK should be.
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