Glad you agree
I do, with your viewpoint
Glad you agree
Exactly
Glad you agree
I do, with your viewpoint
I can't really understand anyone who would choose PCP on anything unless it's to keep up with the Jones's at the end of the deal you end up with nothing, if you buy at least you have 'something'
Actually far from it, but I try to live within my means & not pretend to be something I'm not. Hence why I have a 2005 bike with 63k on it which I own outright & if sold the money would be mine to do with a I please.
Not from me it wouldn't but that's another story, how much have you paid to have the privilege of £2500 in your pocket if you sold?My PCP final payment is £2,500 less than the price I could sell my bike for here today, quickly.
That could possibly buy your high mileage 14 year old bike, but I wouldn't.
Not from me it wouldn't but that's another story, how much have you paid to have the privilege of £2500 in your pocket if you sold?
But now you are talking about loans & purchasing not PCP, that is a totally different matter.An amount well within my means.
These ‘buy cash’ comments are so outdated and misinformed.
Let’s say you have £10k savings. Take low rate finance. Make the monthly payment from your savings account. Retain your savings for ‘emergencies. Repay at any time. Add finance company to your ‘support team’ if any QC issues with your bike.
There is a huge difference in using finance through necessity (house) and choice. Your choice will differ from others.
But now you are talking about loans & purchasing not PCP, that is a totally different matter.
But now you are talking about loans & purchasing not PCP, that is a totally different matter.
At which point have I said that? if you wish to read I said I can't understand anyone who thinks PCP is a good idea, you are effectively renting your bike, the only people making money out of it is the finance company.no, its exactly the same thing - a form of financing - the point of PCP is to only pay the depreciation.
At the right rate, it makes a lot of sense for a lot of people.
coming on a thread entitled "Financing a GSA" and commenting along the lines of "you shouldn't be financing" isn't very helpful.
But we all have different priorities in life, one of mine is not to be burdened with debt, I would rather have a £3K bike which I own sat in my garage than paying a deposit of £3K then £299 a month for 3 years to hand it back at the end of the term with nothing to show for it
Nice edit there to try to not be so insulting, but hey ho if it floats your boat go for it, you've been sucked in by the marketing, don't worry you're not alone. But as far as I am concerned as I have stated before there is only one winner with PCP that's the finance house, who surprising is also the manufacturer under a different guise. I don't give a flying fig if my toys aren't shiny & don't feel the need to fit in with anybody.Seriously, anyone is entitled to have an opinion, but your thought process is completely wrong.
Nice edit there to try to not be so insulting, but hey ho if it floats your boat go for it, you've been sucked in by the marketing, don't worry you're not alone. But as far as I am concerned as I have stated before there is only one winner with PCP that's the finance house, who surprising is also the manufacturer under a different guise. I don't give a flying fig if my toys aren't shiny & don't feel the need to fit in with anybody.
But all this doesn't help the OP, if I was in his shoes & had the disposable (which I don't) I'd initially try to sell his current bike privately as it will return the most, then look for a loan via something like moneysupermarket.com get the money in the bank, then walk into a dealership with his debit card, although pay the deposit on a credit card.