Car Examer

NOVEMBER 2, 2024

Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. With PCP, you pay lower monthly payments because a large portion of the car’s cost is deferred until the end of the agreement. It’s often called the balloon payment. Book inspection 1.

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Car Examer

OCTOBER 19, 2024

Fixed monthly payments : This makes it easier to budget since your payments stay the same. No restrictions : You won’t have any mileage limits or conditions to worry about. Personal Contract Purchase (PCP) PCP is a popular financing option because it often comes with lower monthly payments.

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Car Examer

JUNE 26, 2024

Book inspection Personal Contract Hire (PCH) is a type of long-term vehicle leasing where you essentially rent a car for a fixed period and mileage limit, usually between 2 to 4 years. Set Terms : Agree on the contract length, annual mileage limit, and any additional services like maintenance and servicing.

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Car Examer

DECEMBER 3, 2024

Car finance mis-selling happens when dealers or lenders don’t give you the full picture about the deal you’re signing up for—or worse, when they intentionally mislead you. Here’s how it often plays out: Hidden Commissions: Dealers pocket commissions from lenders for steering you into specific finance deals—and don’t tell you about it.

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