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Hi - I am coming towards the end of my PCP contract (think I have 3 or 4 months left so I have paid well over the 51%
The future value is around £4600 - Citroen DS3 HDi 1.6 Style - About a year ago I wanted to change cars but was told the depreciation on my car (diesel) was far more than envisaged (worse) and that was because it was a diesel and they had dropped dramatically in value just after I took out the PCP (yeah great). I recently enquired about VT and was told that I would have to pay for damage beyong reasonable use (I have three scuffed alloys - front two are quite bad along outer rim) and I agreed to use 8000 miles on the plan per annum - which would have taken me to 68000 miles over the car's PCP - I am currently at 74500 miles and the car is not in use as I have purchased Peugeot to replace it.
They have offered to sell me the vehicle for £5100 (Parkers value it around £3800 - £4200
I assume if I VT I have to pay the excess mileage ? - I could get alloys done for £180 for all 4 but they would be one colour BLACK (currently diamond cut black and silver) Of course I'd rather pay nothing and walk away - I'd be happy (ish) to pay the mileage but looking for advice please - Ideally I want to hand it back and not go to court an/or pay the minimum
Regards
The future value is around £4600 - Citroen DS3 HDi 1.6 Style - About a year ago I wanted to change cars but was told the depreciation on my car (diesel) was far more than envisaged (worse) and that was because it was a diesel and they had dropped dramatically in value just after I took out the PCP (yeah great). I recently enquired about VT and was told that I would have to pay for damage beyong reasonable use (I have three scuffed alloys - front two are quite bad along outer rim) and I agreed to use 8000 miles on the plan per annum - which would have taken me to 68000 miles over the car's PCP - I am currently at 74500 miles and the car is not in use as I have purchased Peugeot to replace it.
They have offered to sell me the vehicle for £5100 (Parkers value it around £3800 - £4200
I assume if I VT I have to pay the excess mileage ? - I could get alloys done for £180 for all 4 but they would be one colour BLACK (currently diamond cut black and silver) Of course I'd rather pay nothing and walk away - I'd be happy (ish) to pay the mileage but looking for advice please - Ideally I want to hand it back and not go to court an/or pay the minimum
Regards
