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PCP Finance Question

Posted: Wed Jun 17, 2009 3:19 pm
by ddubya
Hi,

A simple finance question this! When purchasing a Scirocco on PCP and at the end of the term when hopefully you still have some equity in the car that you can use against another one, do you have to use that towards another PCP deal or can you use it towards say a HP agreement or even a cash purchase?

thanks

Re: PCP Finance Question

Posted: Wed Jun 17, 2009 5:11 pm
by ayeaye
Any equity is yours to do what you like with, so it would be used towards the purchase of a new vehicle whether cash purchase, straight HP or a new PCP deal.

Re: PCP Finance Question

Posted: Thu Jun 18, 2009 10:30 am
by ddubya
Thought so, but wasnt sure!

thanks for that!