This thread makes for very interesting reading.
It goes a long way to explaining why I've always been very uneasy about pcp / contract rental or even HP as a way of buying (what for me) is basically a toy. I can see the attraction in that it lets you ride away today on a shiny new bike that you'd never have been able to afford if you had to buy it outright (or would take far too long to save for) but I guess I'm a bit old fashioned in that I've always hated 'credit' (especially credit secured on the asset). If I've got to 'finance' it, I generally don't have it (the exception being the house). I've got a friend who's just bought himself a couple of 20k Harleys on varying degrees of finance - I literally wouldn't be sleeping at night but each to their own.
I've never bought a new bike, the dearest bike I've ever owned is my current TC GSA which I scraped together 11k to buy at two years old but it's 'mine' and I like that feeling. I've no desire to change it at the moment - it does everything I want very well and I love it but with the price of comparable new replacements getting towards 20k and my aversion to 'finance', I can see me keeping it for a good while yet!
I hope everything worked out for Jay
Amen to that