|
S60 & V60 '11-'18 / XC60 '09-'17 General Forum for the P3-platform 60-series models |
Information |
|
PCP End OptionsViews : 439 Replies : 1Users Viewing This Thread : |
|
Thread Tools | Display Modes |
Dec 8th, 2017, 09:33 | #1 |
Junior Member
Last Online: Jul 21st, 2023 17:48
Join Date: Apr 2016
Location: abcd
|
PCP End Options
As explained in my other thread my 2 year PCP deal ends in April 2018. I called Santander and talked through my options.
1. Confirmed that the final payment was as expected with no extra charges - although it is in May and will be taken as one lump sum if I don't tell them otherwise. 2. I can refinance for just one more year - the monthly payments stay the same and the final payment gets reduced. But it will be at a new rate of 8.9% APR so I pay them about £1,740 but the final payment only falls by £190! 3. If I decided on the new XC40 which might arrive at the end of May they can extend the PCP by a month or so with a reduction in the final value. Must admit Santander were very helpful and happily answered my silly questions. |
Dec 8th, 2017, 14:52 | #2 |
Bungling Amateur
Last Online: Today 07:47
Join Date: Aug 2014
Location: Beverley, East Yorks
|
That's simple then:
Option 1 if you keep it Option 2 if you are drunk Option 3 if you upgrade If you don't have the readies to hand for the final payment - take out a o% credit card whilst you can still get them and then set up a standing order payment so you close it with regular, equal payments. Good to hear about a finance house that was helpful and sensible.
__________________
2011 XC90 D5 Executive 2003 C70 T5 GT 2012 Ford Ranger XL SC 1977 Triumph Spitfire 1500 1976 Massey Ferguson 135 |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|