Slightly off topic, but still related to new car sales, what are members opinions regarding Purchase v PCP?
My current Jazz will be 3 years old in September and I am debating the pros and cons of Purchase V PCP
Leaving aside for moment whether you have the cash on hand to purchase a car, it seems to me that PCP is in the long run more expensive and of course at the end of the plan, you are virtually locked in to having to continue, or pay a relatively large final figure to own the car, or hand the car back!
Surely, if the necessary funds to purchase are not available then an unsecured personal loan would be be a cheaper option and of course at the end of the loan period, you still have a car.
What do other members think?