...............& there are fairies at the bottom of the garden.

say it is 6 to 8p a mile - £60 to £80 per thousand

@ £60 & being 21,000 miles over =£1300

@ £80 & being say 24,000 over = £1920

In 4 years time garage personnel will have changed, Trump will be up for re-election & your contract is with the finance company who will want their £2,000 for excess mileage & a few hundred for stone chips, scraped bumper, cracked light.

Walk away, you're being screwed over - the PCP will be with a finance company of some sort and the salesman can to nothing about the mileage when it comes back in.

All the PCP providers are ready to quote figures based on whatever annual mileage you want, the figures will vary with the mileage - the excess mileage charge is high so don't go there.

Find out what the difference is in monthly PCP payment between 8K and 15K per year.

At 4.7p / mile, the mileage charge would be £329 / year, or £27.42 per month, which isn't that bad. You might find that the difference in PCP may be greater than that.

If the mileage charge is LESS than the PCP increase, then just stick £30 per month aside. AND get the salesman to write his promise into the contract.

This isn't quite as unfavourable as some imply - as long as you don't hand the car back. That's when the excess mileage charge applies. I've had lots of PCPs and have usually gone over the stated mileage, but I've never been charged x pence per excess mile.

There's a less disastrous downside to this: the point of putting in a lower annual mileage is that the monthly payments are lower. But you don't get owt for nowt, and the final 'balloon payment' is higher, combined with a lower market value because the car has a high mileage. Thus it's more difficult to avoid negative equity.

HI Guys

Need some help, I am going for a PCP ona Ford Mondeo. Now Ive stated gto the salesman that i need 15 thousand miles a year, he has put me on 8 thousand miles so the price comes down. On the signed sheet it states that if the milage exceeds 8 thousand then I will be charged Milage charge.

The sales man has stated to me that they will not charge me any milage cost if I bring it back to them for part exchange for a new car in 4 years. but on the contract sheet it states excess milage charge 4.70 per mile

Can someone advise me on this please.

Thank you

If the saleman is telling you this, then tell him you want it put in writing - with him taking full personal financial liability if it turns out to not be the case.

My flying pig is just limbering up - can I have your latitude and longitude for her?