Is this a good pcp deal?

[Bazgti]

Ohhh and the finance will fight your corner if anything goes t*ts up with the car. Its in their intetest to make sure the car is fit for purpose

[betty_swollox]

You're going to do 8k a year in a diesel? What's the point lol

[betty_swollox]

I'll been considering a personal loan but for 5 years but I just need to decide whether I can keep a car for 5 years :-/

Bank/Personal loans are all gleaming and shiney to get your attention. Banks will advertise their best headline rate. However, they only offer that rate to 2/3 of the people that appliying for it. Also if you take out a loan you can sometimes be charged for settling early where as car finance which im aware are a slightly higher interest rate (5's ish flat is usually the best) but youll get rebate of interest if you decide to settle or get rid early. That means you only pay interest up until the time when you settle so you wont have to keep it 5 years. Your usually back in equity by the 3rd year depending on the car's depritiation.

HSBC quoted me 4%.....I filled out all the sh*te and then they came back with 8%!!