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Originally Posted by Kerr
With a PCP, are you entitled to terminate halfway through the agreement?
I thought that you could terminate finance when you've paid 50% of the loan back?
Surely with a PCP with the balloon payment offset, you're going to be very far into the agreement to make 50% of the total amount payable?
With a PCP it can't come at year 2 of a 4 year PCP surely?
Reading other people's experiences of leases and PCPs, wear and tear can be quite strict. Marks that can't be polished out, or anything more than maybe one or two very minor door marks are chargeable.
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Yes not to confuse it is when you have made more than 50% and I referred to it as more than mid way through the term because of our PCP that is so.
That part is not the issue...
My concerns are the scrape and the BCA process...