Ask Honest John

Most recently answered finance questions
My car is due to be repossessed this month. Is there anything that can support my request to come to a new arrangement? I can no longer meet the payment required to stop repossession as all my contracts...
Is it possible to change from the PCP plan we are on now to trade-in for a different car on a HP plan? We've been on our current PCP for a year.
I have been on PCP for two years of a four-year deal. The guaranteed price after four years is £5500. If I keep the car for four years, and the car is actually valued at less than the £5500, will they...
My son hit a badger and his insurance has written off the car as a Category N. It is on finance and they are saying he cannot have the repairs done through insurance and will have to pay the shortfall....
I bought a car on finance that had problems. The garage fixed them, so they said, but the problem is back. I have raised this with the finance as the garage keep fobbing me off, so I am rejecting the car....
I'm looking to exchange my car for a newer model and the Mercedes-Benz dealer is pushing PCP. Should I pay cash? The dealer has quoted £300 ppm over four years.
I'm awaiting delivery of a new Audi S3 and, following a number of car thefts in my street, I'm looking at buying the Autowatch Ghost immobiliser. Given that this has to be wired into the car, does it matter...
I can't get my head around PCPs. Are they a brilliant consumer deal or will they destroy secondhand car sales in the future? Is the used car market doomed to collapse at some point due to all the PCP offers?
I have a 66-plate Volkswagen Golf 2.0 diesel DSG, which I purchased new. The car has had numerous faults including a new media unit and software fix, drivers side airbag failure, occasionally stalling...
Can you explain where on earth the money comes from for a deposit contribution? I negotiated an excellent deal on a pre-reg car. The dealer than said I could have it even cheaper on finance. Looking at...
 

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