Ask Honest John

Most recently answered finance questions
I am in the market to buy a campervan and saw one offered by a company online that have campers, motorhome and industrial machinery. When I enquired after a particular vehicle I received a reply stating 'This...
Could you please clarify what would happen at the end of a deal if the car is worth less than the GMV, who takes the loss & is the deposit still safe, With the large depreciation figures I have seen on...
How can it make sense to spend several hundred pounds per month plus a four figure sum in initial payment to finance a car with an agreed mileage of just over 150 miles per week?
In November 2021 I signed a contract with a leasing company and finance company to lease a brand new factory order car. The car was due to be delivered in March of this year. However, due to the semiconductor...
I bought a new Audi RS5 in May on PCP. Can you advise a cheaper way to do finance?
What normally happens in the event of the incapacity or death of someone who has taken out a PCP or PCH agreement? Can it be transferred to a spouse? Also, is a deceased person's estate liable for any...
I offered to pay a major car dealer in cash for a car but he has come back to me saying that this is not advantageous. He's offered incentives like a £1,250 reduction and benefits like extended warranty...
Is now the time to buy a new car on PCP or should I buy secondhand? I currently drive a Range Rover Evoque, which is on a PCP ending in July. The car has only done 10,000 miles in total. The agreement...
Which car do you recommend for short journeys? I now only drive about 3 miles per day to work. Also, would it be better to go for a brand new one or one a couple of years old? Need it to be reliable and...
I wonder if you can help as I'm a bit desperate. I have a 2005 Renault Clio with a broken gearbox, which was mis-sold 2 months ago. I have a second Renault Clio (2007) with low mileage, given to me for...