Hi all
New to the forum. I have been considering a new car for a few months now. I spoke to a BMW dealer (Sytner). They have offered me the following car on a PCP deal.
- BMW 320d - M Sport Saloon
- Heated seats / 19" Wheels / Sports Auto Transmission
The deal is £4k deposit, 36 months at £275 per month incl gap insurance. Annual mileage would be 8,000.
Now I am very new to this but I am not sure on whether PCP is the right option or whether I should just buy an older 3 series but used. My plan is to put the £275 x 36 months aside (well not all of it but at least 2 years worth) to fund payments. The alternative is to use that money now along with the £4k deposit (part ex value of my current car) to purchase say a 2010 BMW 3 series instead. Also is the deal they have offered a good deal, given what is available on the market currently?
Thank you all for your help
Omar
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