thirdcrank wrote:Bonefishblues wrote:PCPs keep car values up, since people don't negotiate over the car's price, they're fixated by the monthly repayment. Bubble alert...
They certainly keep new car prices up, but I'm not so sure about values. I fancy that there are so many cars coming onto the market after being subject to a PCP deal that second hand prices must be pushed down through over-supply.
Loose language on my behalf, agreed. Interesting article about the state of play:
https://www.ft.com/content/d340ea28-504 ... 9?mhq5j=e5