Ask Honest John

Most recently answered finance questions
What's the difference between a PCP and a PCH finance contract?
I have an Audi A1 which comes to the end of it's PCP agreement on 27 May. We don't want to upgrade and we were going to hand it back. It's in good condition with 24,000 miles on the clock. The settlement...
My new car has broken down three times in less than 12,000 miles/six months with the same fault each time. I have the car on personal contract hire. How do I reject the vehicle as I find it unacceptable?
I want to know if it is a legal obligation for my insurance company to put me back in the same financial position as before an accident? My car was on finance with a settlement figure around £11,000. However,...
I'm considering leasing a Ford Mustang and wish to understand the pros and cons of this idea.
I have a Smart EQ ForFour electric car which I leased Feb 2019. The lease runs for three years. I'm a year in and I’d like to hand the car back. I have only covered 1400 miles in the last 12 months. It...
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.
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?
Have you heard if the automotive industry is going to offer any support for people with leased cars?
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?