Ask Honest John

Most recently answered finance questions
I'm moving towards leasing my next car, previously always having bought cash. However, the dealer lease deals seem more expensive than those offered online. Is the dealer acting as a third party thereby...
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...
I like the Skoda Yeti 150PS 4WD SEL 'Drive' with £1500 'free' extras. Skoda is offering a PCP plan of 0% finance plus £1000 contribution to the deposit and after three years the vehicle can be bought at...
I'd like to buy a car on 0% finance. Am I able to close the deal after a month and pay off the balance in whole or would there be any penalties? Both Skoda dealers I have asked have said this is fine.
Is it better to buy a used 2 year old car which has lost it's depreciation, or buy a new car within a 3 year car finance agreement to either buy at the end or release. Also should I now wait until after...
Who owns returned, and formerly PCP vehicles, whilst they are waiting to be sold to a second owner, the dealer or the motoring company?
A friend is looking for a small cheap new car. They usually buy a new or pre-reg car costing around £6k car outright, but are being tempted by hire-purchase deals being offered on, say, a £7k car where...
In August last year I bought a 62 plate Skoda Yeti TDi 170 Elegance from my local dealer. We traded in my wife's Octavia (£3200) and did a PCP at £345 pcm, minimum future value approximately £8500 if I...
My father-in-law bought a brand new VW Passat about 18 months ago on finance. Sadly, he was recently diagnosed with a serious illness and will no longer be able to drive so we need to get rid of the...
I’ve found a used car I really like, but it still has outstanding finance. Should I buy it or walk away?
 

Ask Honest John

Value my car

Save £75 on Warranty using code HJ75

with MotorEasy

Get a warranty quote

Save 10% on GAP Insurance

Use HJ10 to save on an ALA policy

See offer