Car advice.... Petrol or Hybrid'

Personally I would just buy a slightly older low mileage car and get a bank loan. New cars hemorrhage money.
Not at the moment mate. There are a lot of cars retailing second hand for a lot more than they cost brand new, especially the more in demand SUV/Crossover typos such as 3008, 2008 and the latest sportage models.

Have a look on the trader and see for yourself and you'll be suprised. A brand new 2008 GT can be bought for £24590 from Arbury, but has a current bottom book trade of £24,990 and top book of £26,990. Many almost new 22 platers are retailing at 2-3 k over list and the same for other in vogue cars, as buyers are happy to pay the premium rather than face a minimum 4 month wait.

Few examples below and the tip of the iceburg. The world has gone stark staring mad and gone are the days of taking a hit on the vat and retail as soon as the wheels hit the tarmac.



 
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Not at the moment mate. There are a lot of cars retailing second hand for a lot more than they cost brand new, especially the more in demand SUV/Crossover typos such as 3008, 2008 and the latest sportage models.

Have a look on the trader and see for yourself and you'll be suprised. A brand new 2008 GT can be bought for £24590 from Arbury, but has a current bottom book trade of £24,990 and top book of £26,990. Many almost new 22 platers are retailing at 2-3 k over list and the same for other in vogue cars, as buyers are happy to pay the premium rather than face a minimum 4 month wait.

Few examples and the tip of the iceburg. The world has gone stark staring mad and gone are the days of taking a hit on the vat and retail as its wheels hit the tarmac.



Gamble is if its the same situation when his PCP deal is up in a few years. I guess it depends on supply (resolving the chip shortage) and the effects of inflation on peoples pockets.
 
Gamble is if its the same situation when his PCP deal is up in a few years. I guess it depends on supply (resolving the chip shortage) and the effects of inflation on peoples pockets.
Thankfully his optional final payment would be fixed until the end of term and he could either buy out the vehicle, walk or go again. Big worry with Taiwan and China at the moment with potential supply issues and who knows what might happen in that 3 year time frame. Worrying times for sure.
 

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