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The only ‘gadget’ that I felt like that car would have been handy to have was bluetooth connectivity, particularly for music streaming, but that could have been solved with a new head unit, I suppose.
Or a widget from Amazon for £9
OK, first Karoq is £5300 or £220 a month – pretty good, but still only 10k miles.
If you got a main dealer to match that then you usually pay 3ppm extra. Certainly on the skoda deals I've had.
I’ve PCP a car for work for the past 6 years, always a 3 year deal and always go back to the dealer to swap after 18mths. Mileage is irrelevant as they never reach the end of the deal, tbh handing a car back on pcp should never be done you are better off buying it at the end of the deal if you keep it they long.
The cars we take are always 6m - 18m old. We’ve had the best deals on C class Mercs doing this. The current one was £2000 down which was equity in the old one and £220 a month over 3 years. At end of 3 years I pay £10000 to buy it if I want, tbh it’ll be worth that as a well looked after car.
The age of the car helps as a lot of depreciation has been done compared to a new car.
Seat Leon Leon Hatchback 1.5 TSI EVO SE Dynamic (EZ) 5dr 24mo lease deal £4595.76
Chunky deposit of £2000 but monthly cost £84 a month.
Total cost around £44 a week.
I bet some 'bangers' cost more than that in fuel inefficiency a month.
Here is a low deposit version.
Anyone fallen foul of the over mileage on PCP deals?
Ie: 4000 @ 7ppm (etc)
And if so what was the dealers response?
Ta
The other thing that's worth mentioning, particularly if you're thinking of buying a 2-3 year old used car, is that for most cars it's very easy to clock the mileage so it falls within the terms of the lease deal. So doing 30k miles/year is no problem, you just clock it so it looks as though it's only done 5k/year... Hey presto, get a cheap lease and have the freedom to do all the miles you need.
Whilst I would never do this, it's easy and cheap so I bet loads of people do.
Depends if one's a criminal or not.
And when the wear and tear doesn't match the mileage ...
I thought cars were harder to clock these days? Or more accurately you can still easily alter the mileage on the display, but the real mileage is held in various computers throughout the car, so a dealer can easily verify if the displayed mileage matches the mileage stored in other systems within the car.
I bet some ‘bangers’ cost more than that in fuel inefficiency a month.
You raise a good point.
For me, one of the real costs of cars now is the routine servicing and maintenance, let alone 'premature' failures.
Mpg is an issue, but less so imo, as we all know the difference between claimed mpg, dash readout mpg and reality...
I bet some ‘bangers’ cost more than that in fuel inefficiency a month.
in comparison to a BMW 540i maybe
Bikebouy my last pcp was 20,000km a year. At the end of the 3 years i had 78,000km on it. Dealers did not care about milage as i was trading it in against another car so priced mine accordingly (I went to a different garage for my next car) . I dont think the xs milage matters on pcp unless you are planning on handing car back and walking away.
Thanks for that, i’ve done 3400 over my PCP at the mo and (on 12kpa) I expect I’ll pop another 2500 on before I chop it for another (36mth plan)
Thanks for that, first time I’ve ever encountered it. Normally over egg the agreed mileage and have handed them back well under. This time I thought I’d try and be more realistic..
🤷♂️
Interesting chart that.
Shame it doesn't give PCH example too, but would probably be a lot less than £15000!