Should I haggle to retain my vehicle at a lower price after the PCP ends in June?

I have a PCP due to end at the beginning of June 2020. I wish to return the vehicle. However, is it worth trying to haggle to retain the vehicle at a lower price due to the current climate?

Asked on 30 March 2020 by John Ballin

Answered by Andrew Brady
It'll depend on the situation at the beginning of June. We doubt the finance provider will be willing to haggle but they should have a plan in place for PCPs ending if we're still in lockdown then. It's worth having a conversation with them.
Similar questions
I have a new PCP, less than 30 days old. I got it before Covid19 had massive effects on the UK. I’m self employed and this has had huge effects on my business. Am I able to reject my car because of this?
Can I return my car due to the coronavirus outbreak? I can't afford the car now. I have about 9 months left till the midway point of the finance agreement.
Have you heard if the automotive industry is going to offer any support for people with leased cars?
 

Ask Honest John

Value my car