Thats a good question. I think the key attractiveness of the BMW PCP, is that the interest rate is low ( often 2.9% ) , the credit vetting is simple because BMW underwrite it themselves. A friend of mine who works for the dealer in oxford, tells me he has never had an application bounce.
When you look at some of the Triumph (9.9%), Japanese vendors (9%) finance alternatives they seem to be a rip off ( just referring to the interest charged).
The impact on the used market of all these (extra) sales is already evident imho.
I wish, Dick Lovett quoted me 9.9% on a new GS........
With PCP I would do my calculations on the basis that in 3 years time I would only get 50% of my deposit back. If interest rates finally go up and second hand values drop, don't assume that a new bike is available at the same monthly rental
