New Car - No PCP Please

'scorthy

I'm shoping around for a new car - price range €26k - €29k. I'm currently driving a 141 Megan Tourer Dynamique dCI 110 and have been offered between €12k - €12,6k trade in (80km on clock). I fancy the New Megan Coupe as a replacement. Any dealer I've approached are pushing PCP but I'm old fashioned and just want to buy a car by trading in my old one and cash for the balance. They say that if I don't go PCP that there will be no free servicing or at least it will be an additiional added cost to the deal.

40km/p.a. So I don't think PCP suits me anyway.

Are there any garages/brands that just sell new cars the old fashioned way?

166man

Madness that they don't want cash. I'd ask them if they are serious and do they want my business yes or no. If they don't I'd walk away! Cash used to be all the dealers wanted!

ShadowHearth

Well, your best bet is credit union or bank loan for the rest of the balance. It would be handy if you could get dealerships low apr percentage. Some of them doing it at around 1.9-5.5%.

I know you want to buy it old fashioned way, but if you don't want to go bank loan way, you could use this pcp to your own advantage.

They give you 3 options after 3 years with it:

Trade in for new car and pay extra balance for change.
Give car and walk away.
Pay off the balloon and it's yours.

So you could go in, take car on pcp, use car as deposit. If your cars value bigger then deposit, they will write you a check for the difference.
Pay monthly payments for 3 years, use free servicing for 3 years. Then when 3 years come up, you rub your hands and:
Pay off balloon 10K of you got it.

Take bank loan for 5K and add your own 5K. (Repayments will be very small in 3 years with pcp, free servicing. So it will mean you won't have any problem putting away money for balloon for 3 years, plus the left over valie of your old car can be putting away just for this.)

Refinance left over 10K.

Now it's a nice way of going around their pcp and using 0% Apr or what ever lower apr dealer is giving you on pcp.
You will own car after 3 years, not 5 if going hp.

One thing for sure, if you will tell dealer you plan out right buying out car after 3 years, they will start talking complete crap and won't want your business as their bread and butter is to hook you up on 3 year cycle with very good looking pcp offer and not out right sell you a car with a very good addons.

Best one was when Co worker went to one of ford dealerships, I won't mention the name, and salesman was pushing her in to pcp. She is more old school and wanted trade in and finance the rest etc. When she asked about buying it out after 3 years, salesman went in to complete rubbish talk about how she shouldn't do it, how its bad for her and that he will have to decide cars value after 3 years when she buys it out and not the amount of finance balloon payment left!

CIP4

Some are unbelievably pushy with it I recently bought a car and from going dealer to dealer you would notice some are mad to get you to sign up to PCP. With the place I actually bought my car they gave me the 5 minute pitch on PCP I said no I don't want to go the PCP route and Infairness they never mentioned it again after that.

There are still plenty of dealers that just ultimately want to sell cars and don't care whether they are sold on HP, PCP or cash.

Doodah7

Try Auto Image in Carlow - main Renault dealer. Wife bought her Kadjar there and they were extremely pleasant to deal with.

digitaldr

I'm going to be buying a Peugeot 3008 soon and took a look at one I Dublin. Salesman spent longer talking about PCP than he did about the car! Interestingly I checked out a Peugeot dealer in Donegal who told me that they don't do much PCP at all as the milage limits are too restrictive for most people. So if you want a dealership that looks more favorably on cash sales it might be worth talking to a rural dealer.