Been looking on carwow at new car prices, I noticed that the pcp vs cash quotes on average come in at £2,500 less if you opt for a pcp deal! (obviously make it back on the APR%) . But if you wanted to pay cash, it still makes sense to get it on pcp for the extra discount and then pay it off after a month or two!
But my question refers to the new/pcp price vs a under 12 month old used price. If for argument's sake a new /pcp deal could be had for £28k (and then bought outright after a month), how much lower in price would a used/under 12 month old car have to be for you to buy the used one over the new/pcp one?
I've seen a car new for £28k and a used with exactly the same spec for £25k that is just over 6 months old with 2,000 on the clock.
But my question refers to the new/pcp price vs a under 12 month old used price. If for argument's sake a new /pcp deal could be had for £28k (and then bought outright after a month), how much lower in price would a used/under 12 month old car have to be for you to buy the used one over the new/pcp one?
I've seen a car new for £28k and a used with exactly the same spec for £25k that is just over 6 months old with 2,000 on the clock.