Something like 90% of cars in the UK are financed via a PCP. I think there’s a lot of sense in that for ICE cars but less so for EVs where the market is young and mature so residual values and technology are still evolving. So I’ve run some simple numbers using the Volvo website. PCH is by far cheaper provided you’re happy with handing the car back - despite the fact that PCP is 0% interest!
u/VoteDoughnuts — 6 days ago