Quote:
Originally Posted by NH Dan
Certainly is but the whole idea of the pcp is to cover all the bases and give flexibility. What if you have a petrol car on a pcp with a predicted GFV of say £8000 and over the next three years, petrol becomes so expensive, ecologically unsound etc etc that the market falls out of them leaving your car worth say £7000. You arent going to want to keep it are you?
Ask anyone near london who has a 3/4yr old X3 or similar sized engine car. No-one wants them the prices are dropping by the day.
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Fair comment - I guess the same happened with Gti's et al in the 90's
GFV's are set low to (hopefully for the manufacturer) cover that.