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Secrets of PCP v PCH

Channel 4 Dispatches - Secrets of Your New Car

For those that did not see it on Monday 28th August the Channel 4 Dispatches programme did and expose on buying new cars on finance and in particular Personal Contract Purchase (PCP) schemes.

The article using undercover filming exposed questionable sales tactics and confusing advice given by franchised car dealers.

What the programme uncovered was that for a lot of car dealers they would only offer PCP to customers when other cheaper forms of finance were available. Even when questioned about alternatives such as Personal Contract Hire (PCH).

What came out of the programme was that to get the best deals you should consider going to a broker who in the examples they gave could save you over £2000 on a Hyundai i30 over 3 years and about £4500 on Mercedes E Class saloon over 3 years.

For the complete story see the link below

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Posted on 4th September 2017 at 4:31 PM

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