I've retired and now do low mileage, should I go for a PCP deal on a new car?

I get a new car every 2-3 years by trading in + cash on a good deal on a pre-reg BMW. As I am now retired, and only do about 5000/6000 miles per year, I was wondering whether I should consider abandoning this habit and going for a PCP arrangement?

Asked on 17 February 2017 by barryellis

Answered by Honest John
Do your sums. Work out how much per month your current car is costing you based on what you can get for it as a p/x compared to what you paid. Then compare that to the monthly payments on a PCP (adding a monthly equivalent of the deposit). The downside of a PCP is getting out of one if your circumstances change. That isn't easy.
Dear Honest John,

Please help me choose my next car. I would like it to have:
    Select a few terms below
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