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More VT questions
Sorry to fill this forum up with more VT questions but I have a couple that I can't find answers to.
1. How do you calculate the 50% amount? More importantly, do you include the optional payment at the end of the agreement?
2. I phoned Kia Finance to see if they could answer the above question: they told me that, despite having a PCP agreement, I was not eligible to VT as it was also a Personal Loan with the money secured against ME rather than against the car. From what I can gather it can't be both, it's either PCP or it's a personal loan. Is this right??
I thought I had enough answers to stand my ground but I've fallen at the first hurdle with this PCP vs. Personal Loan conundrum.
1. How do you calculate the 50% amount? More importantly, do you include the optional payment at the end of the agreement?
2. I phoned Kia Finance to see if they could answer the above question: they told me that, despite having a PCP agreement, I was not eligible to VT as it was also a Personal Loan with the money secured against ME rather than against the car. From what I can gather it can't be both, it's either PCP or it's a personal loan. Is this right??
I thought I had enough answers to stand my ground but I've fallen at the first hurdle with this PCP vs. Personal Loan conundrum.
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