My mate made an interesting observation the other day, he purchased a brand new L200 thing a 12 month ago for a fiver short of £30k inc the VAT. He's just been to Mercedes to look at an AMG and they offered him £12k for it!!!! He reckons if he had taken the car on a PCP deal he'd be much better off. Ford only offered him £15k agains a Focus RS!!
New cars are an absolute killer. Everyone can achieve between 15 and 20% off the OTR price if they go at the right time of the year to the right dealership and are willing to haggle. This lessens the blow of the depreciation. PCP makes a little more sense on cars for my mind. Brilliant on little fiestas for your dorris
Those at 20% are the same cars that see the RV drop. There's a reason for that. They only discount that level for the stuff that doesn't move and that kills the residual value. A few of the Germans are suffering this at the moment BM's are falling like a stone.
When I bought my 2016 SP, the PCP deal was so much cheaper than every other make it was amazing. From memory, the prices for the R1 and ZX10R were £200 a month on top of a 3k deposit. Meanwhile the SP was only £115 a month with half the deposit. Of course, this was because of the new model coming in soon, but yeah as you say, the new model will be a lot more money.
