Ask Honest John

Honest John Ask Honest John » Which car on PCP?

Which car on PCP?

I'd like advice on what 5dr hatchback to buy please. Would like to put a £2k deposit on an £8k car, with four year payment plan at roughly £125.00 per month.

I need a 1.4 to 1.6-litre engine. Age 2012/3. Mileage under 20k. 0% finance preferred. Quick acceleration. Sporty/smart looks and interior. Considering: Peugeot 308, SEAT Leon, Mazda 3, Volkswagen Golf, Ford Fiesta.

Asked on 4 December 2014 by justinz123

Answered by Honest John
Conventional wisdom tells you to look at new car PCP deals rather than used. With £2k deposit and £125 a month you can get a good 3 year deal that should leave you equity in the car at the end of the 3 years for another deal. Hyundai PCPs are calculated on a residual that leaves around 15% equity.

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.

Honest Used Car Prices

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.

Unsure of what to buy? Our Top 10s are here to help you....
Similar questions
I am looking to buy a diesel auto with a reliable gearbox. Budget £10,000 to £12,000. What type of auto gearbox do the Kia & Hyundai models have? Theses models are 2012 on. The new Kia has a DCT transmission...
I want to buy a nearly new Ford Fiesta similar to my Ecoboost Powershift. I understand that the later model year cars have a torque converter and are more reliable than my 2015 dry clutch version of the...
What is the best value small car (around Fiesta size) for around £6000?
Related models
Good quality interior, very efficient engines, excellent value for money, good reliability record, plenty of equipment as standard.