Paid off my Focus ST PCP with some money from a bike accident claim. I was always hoping to pay it off. I feel that PCP is like a treadmill that sucks you in to changing your car more often than maybe you want to.
My car is 2.5 years old and I’m not interested in a new one at the moment. I am glad that next March I don’t have to do anything. Don’t have the stress of choosing a new one or finding a deposit. What if my next car model was not available at the time? Don’t like talking to car salesman.
I owned my last car and was able to shop around and get a great deal on the ST at nearly 6K off list price with Drive the Deal. £1200 of that discount was the PCP finance contribution that I kept.
Hopefully, I will keep the car for at least 5 years.