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PCP query

  • 21-11-2018 1:31pm
    #1
    Banned (with Prison Access) Posts: 282 ✭✭


    anybody here used PCP till the 3 years is up ??

    currently driving a 2007 Passat sportline , that was vandalised a while back

    so i'm looking at possibly pulling the trigger on a new car in the new year

    lets say i get €2000 or there abouts as a trade in / scrappage value and agree a figure of x with vw , and also x for final payment or give it back or trade in again off a newer one in 3 years

    is it really that simple ?

    how do people manage paying back the balloon payment at the end ? just set aside the value over the 3 years ?

    been 10 years since i used finance etc

    just want peoples opinions on it really


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