New car help.

medic112

Looking at buying an mpv, have no option but an mpv. currently driving a 10yr old galaxy thats never gave me any major bother only the usual wear & tear. is this pcp a good option to go for then by out in 3yrs, or just try to buy outright. would trade in be a better option or sell myself.

any thoughts would be appreciated

digitaldr

A lot of manufacturers seem to be getting out of MPVs and changing to 7 seat SUV's instead which would probably be easier to sell on when the time came.

There are some good PCP offers out there but if you intend to buy out just make sure you have the money saved/borrowed for the final payment. If you want to change at the end of the 3 years the guaranteed minimum value usually comes with caveats eg condition of car and milage.

biko

If car is still working then maybe just hang on to it?
You will probably only get peanuts for it if you sold it now.

You can bring the car to a dealer and see what they will give you in trade-in but generally trade-ins are just a convenient way of getting rid of old car rather than selling it yourself. There isn't much "win" to get from trade-in imo (depending on old car's resale value).

medic112

many thanks.