paid her last loan back early, is that an option on finance?
as far as I know, yes - but generally you wouldn't bother, you'd just change it for another model on a new finance deal.
The point of PCP is that there's a large lump sum left at the end of the finance period, which in theory is going to be a fair bit less than the car is actually worth at that point; the difference makes up the deposit on the next car, provided it's the same brand... Or you just give the car back & walk away. or the third option, pay off the lump sum & own the car outright.
For example, I'm looking at a Honda CRV 1.6idTEC for my next car. £24k worth.
no way could I afford a £24k loan over say 5 years.
on PCP with a £2k deposit, 0% APR finance, I can get said Honda for £324 per month. In 3 years it's worth, say, £12k but the GMFV was £9k, this gives me £3k towards my next Honda... the 5 year service pack is £500, included in these figures. And it's in warranty for the whole time that I own it, so any expensive repairs should be taken care of...
Of course, this could all change on 1st April, when this particular offer expires.
Skoda Yeti would be even cheaper per month, on the same kind of deal. Other makes & models are available