What is life like with your car? Let us know and win one of three ipads | No thanks
Ask a Question

What's your question? Search here

Personal service
I'm looking to buy a car on Personal Contract Purchase and don't really know my stuff. I'm looking for something small, like a hatchback. My budget is £150 per month (maximum), I do between 10 and 15k miles per year, and I'd like a maximum 2-year contract (with the option to hand the car back/start a new contract) as I don't feel comfortable committing to any longer. I'd like some tips on where to begin looking.

Asked on 27 February 2010 by A.C., via e-mail

Answered by Honest John
Start at manufacturer websites. But the way PCPs work is: deposit or no deposit, monthly payment for a term, then balloon payment at the end with the option to pay it or hand back the car. If you hand the car back, you have to pay for any damage and excess miles.
Dear Honest John,

Please help me choose my next car. I would like it to have:
    Select a few terms below
Similar questions
Our PCP ends in November this year. Our mazda2 1.5 Sport 5 door will be 3 years old and will have done 18k miles. The conditions of the PCP were 24k miles....
Due to an expanding family it is time to get a larger car, preferably 7 seater. The current 0% finance offer from Toyota seems attractive on the Verso...
I am thinking of leasing a small car to take me to work each day (a few miles) and it will be rarely used for longer journeys. Handling, performance and...
Related links
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
From which small car to buy at which price point to the best UK-built cars, our Top 10s have the lot. Click now for your shortlist.

Value my car