xxxx5
Posts: 661
Joined: Apr 2011
Location: Lancashire, England
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RE: Outright Purchase or Hire-Purchase
Pcp for me, wouldn't buy a car any other way now.
Now Sold: 5dr Pure SD4 Man / Fuji White / Pano Roof / Tech Park / Style 6 Alloys / Privacy Glass / Xenons / Black H'lining / Power Fold Door Mirrors / Power Tailgate / Carpet Mats / Front Fogs.
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| 26-12-2012 11:21pm |
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Vokey
Posts: 1
Joined: Dec 2012
Location: sheffield uk
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RE: Outright Purchase or Hire-Purchase
I did the same as Bodlyfunctions. put it on the house at 2.69% over a 4 year term. The PCP rate was 8.9% and a HP loan was 7.9% If i had the Cash out right i would still buy as PCP and HP rates dont make sense. However i can see some merit in PCP as you can just give the car back after the term and dont have any issues trying to sell it etc.
xxxx5 - whats the reason for your decision?
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Dynamic SD4 5dr Auto / Firenze Red / Verve interior / Lux pack / Santorini Black contrast roof / Ebony Headliner / Privacy Glass / Heated Steering Wheel / Style 7 Shadow Chrome Wheels
(This post was last modified: 27-12-2012 01:25am by Vokey.)
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| 27-12-2012 01:24am |
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griff
Posts: 959
Joined: Mar 2011
Location: West Sussex
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RE: Outright Purchase or Hire-Purchase
HP for me with low interest and payments to match my work car allowance so its cost neutral for me.
Arrived: SD4 Prestige Auto Coupe with Lux pack. Ipanema Sand with Black Panoramic Roof
Ambience Interior with Macassa wood.
Now a Jag XFR Kyanite Blue - wow what power.
At home and superb.
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| 27-12-2012 10:10am |
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xxxx5
Posts: 661
Joined: Apr 2011
Location: Lancashire, England
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RE: Outright Purchase or Hire-Purchase
(27-12-2012 01:24am)Vokey Wrote: I did the same as Bodlyfunctions. put it on the house at 2.69% over a 4 year term. The PCP rate was 8.9% and a HP loan was 7.9% If i had the Cash out right i would still buy as PCP and HP rates dont make sense. However i can see some merit in PCP as you can just give the car back after the term and dont have any issues trying to sell it etc.
xxxx5 - whats the reason for your decision?
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Dynamic SD4 5dr Auto / Firenze Red / Verve interior / Lux pack / Santorini Black contrast roof / Ebony Headliner / Privacy Glass / Heated Steering Wheel / Style 7 Shadow Chrome Wheels
It just works out cheaper for me, and I change my car every 2-3 years.
Now Sold: 5dr Pure SD4 Man / Fuji White / Pano Roof / Tech Park / Style 6 Alloys / Privacy Glass / Xenons / Black H'lining / Power Fold Door Mirrors / Power Tailgate / Carpet Mats / Front Fogs.
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| 27-12-2012 12:29pm |
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muff
Posts: 83
Joined: Dec 2010
Location: Glasgow
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Outright Purchase or Hire-Purchase
Outright purchase. Don't trust banks or financial institutions anymore.
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| 28-12-2012 01:29am |
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Steveb68
Posts: 60
Joined: Aug 2012
Location: Austria
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RE: Outright Purchase or Hire-Purchase
Cash purchase
Ordered for end March 2013
Dynamic SD4 automatic, Orkney grey, contrast Santorini Pano roof, style 7 shadow chrome, Privacy Glass, Tech Pac 2, Park assist,CHANGED TO VORTEX interior,Black Roof Rails,Adaptive Dynamics, and yes I know its a lot of money but aeroflip, Ebony H Lining, cold climate pack,adaptive Xenon headlights and Spare wheel
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| 28-12-2012 09:23am |
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DaveR
Posts: 167
Joined: Sep 2011
Location: Ttt
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Re: Outright Purchase or Hire-Purchase
I also in effect borrowed from my mortgage. I used savings to buy the car outright instead of paying the mortgage off with it. .... well you can't take it with you 
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| 29-12-2012 10:54am |
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Outright Purchase or Hire-Purchase
