Get down £15 grand the last one and £23 grand the new one Not selling any so https://www.lings.com/honda-bikes/n...inblue&utm_campaign=PFKCP174&utm_medium=email
I worry about my £5-6k bike. I’d never take it out! And I’d get murdered for buying one... spending that much on a bike for how I’d use it simply isn’t worth it.
This is why PCP has a bad name, forget whether it’s not been updated or not, £6200 input is ridiculous, at the end of 3 years, and you trade for a new one, there’s very little chance of having any equity the way these things depreciate, the only way of getting a similar monthly deal will be to input a similar or higher amount, which mentally most punters don’t want to pay a higher monthly than they have been for 3 years, the reality is that the tempting low monthly has been subsidised by a high deposit input, so after the first term it will have cost you £12624 for a mileage allowance of 12K miles, £1 a mile just to lease the thing for 3 years, and that’s if you cover 4K a year ...... That’s why I put zip into my cars PCPs, you pay a higher monthly, but less of a shock when you trade.
Got an offer from the car garage I usually buy from, new model on offer, several 1000£s off. Look at the small print and you see it's PCP only. If you want to actually pay for it or finance it another way the "on the road price" is about £4K more. Total bollocks.
My old man had one of those, took the pcp out and on the day of delivery rung them up and paid it off in full - cost him £20