Hi, first of all let me apologise if blab on a bit.
Basically i have now come into a regular income with my full time job and my football that i have set my heart on a white scriocco as my next car. I travel a 50 mile round trip to work 5 times a week and also then do personal miles at a weekend and training. Prefrebly i want a diesel but here is my dilema.
For a car i will have my part ex (700) and 1000 cash to put down as a deposit.
I have been offered 13 plate, 0millage 1.4TSI scirocco for £266 a month on 15k a year over 4 years, with a final payment of £7000.
*Pros - Brand new car - no mot, parts or labour for 3 years -*Cons - Petrol going to cost more, not as fast
I have also been offered a 2010 plate 2l diesel with 25k on the clock. This is £243 a month with a final payment of £5000 after 4 years.
*Pros - Diesel - faster *Cons- MOT etc Age
Basically i dont know what to do. I understand with PCP equity is important and surely the petrol would give me higher equity after 4 years because of the age? But then a diesel will save me alot on fuel.
Im confused! I cant get a personal loan as the interest rates are to high and so PCP is my only option!
Please, any advice will be gratefully appreciated.
Jack
Basically i have now come into a regular income with my full time job and my football that i have set my heart on a white scriocco as my next car. I travel a 50 mile round trip to work 5 times a week and also then do personal miles at a weekend and training. Prefrebly i want a diesel but here is my dilema.
For a car i will have my part ex (700) and 1000 cash to put down as a deposit.
I have been offered 13 plate, 0millage 1.4TSI scirocco for £266 a month on 15k a year over 4 years, with a final payment of £7000.
*Pros - Brand new car - no mot, parts or labour for 3 years -*Cons - Petrol going to cost more, not as fast
I have also been offered a 2010 plate 2l diesel with 25k on the clock. This is £243 a month with a final payment of £5000 after 4 years.
*Pros - Diesel - faster *Cons- MOT etc Age
Basically i dont know what to do. I understand with PCP equity is important and surely the petrol would give me higher equity after 4 years because of the age? But then a diesel will save me alot on fuel.
Im confused! I cant get a personal loan as the interest rates are to high and so PCP is my only option!
Please, any advice will be gratefully appreciated.
Jack