Cars With Good GFVs
Discussion
Anyone in the industry share a few models with good GFVs at present?
I've been looking around at various models for PCP purchase. I'm planning on treating this car as a monthly payment hence looking to get that as low as possible. Good leases long tried up largely.
Found a couple that appear to have fairly strong for online quotes those being -
A6 Avant 2019-on
A35 AMG 2018-on
Any others?
Criteria is simply nothing slow as feck, nothing tiny and manufactured 2019 or newer.
I've been looking around at various models for PCP purchase. I'm planning on treating this car as a monthly payment hence looking to get that as low as possible. Good leases long tried up largely.
Found a couple that appear to have fairly strong for online quotes those being -
A6 Avant 2019-on
A35 AMG 2018-on
Any others?
Criteria is simply nothing slow as feck, nothing tiny and manufactured 2019 or newer.
The previous generation car (the ones available for £40-£50k) are predicted to hold just over 50% of their value over four years/40k miles, which is excellent.
The AT search is pretty good for seeing which cars hold their values better, but you do have to be a bit careful to check the interest rates aren't blowing the comparison.
The AT search is pretty good for seeing which cars hold their values better, but you do have to be a bit careful to check the interest rates aren't blowing the comparison.
Apologies for the bump.
Anyone closer to the trade / finance side of the trade with any more hints on models holding value well on GFVs?
Did some research last night on Tesla - looking at just now - PCPs on say the model 3 result in a GFV £12k-£17k lower than what they are currently selling for at the end of term age and mileage. Appreciate a market adjustment might come, but talk about building in some fat!
Anyone closer to the trade / finance side of the trade with any more hints on models holding value well on GFVs?
Did some research last night on Tesla - looking at just now - PCPs on say the model 3 result in a GFV £12k-£17k lower than what they are currently selling for at the end of term age and mileage. Appreciate a market adjustment might come, but talk about building in some fat!
When I bought my 2016 RS3 earlier this year, the PCP quote in the advert was something like £5k deposit and £300pcm x48 with a retained value of £25k (based on a sticker price of £36k). I wonder whether they'd be quite so bullish on a retained value now.
I don't like PCP on account of the interest charges... >£8k in the above case... but if you want a nice car for low monthly payments, then there's an example.
I don't like PCP on account of the interest charges... >£8k in the above case... but if you want a nice car for low monthly payments, then there's an example.
The Cardinal said:
When I bought my 2016 RS3 earlier this year, the PCP quote in the advert was something like £5k deposit and £300pcm x48 with a retained value of £25k (based on a sticker price of £36k). I wonder whether they'd be quite so bullish on a retained value now.
I don't like PCP on account of the interest charges... >£8k in the above case... but if you want a nice car for low monthly payments, then there's an example.
So 28/48 payments are interest? Yes that does sound very high. No wonder they can afford to take a hit on the GFV if their figures are wrong and the car is worth less than 25k. I don't like PCP on account of the interest charges... >£8k in the above case... but if you want a nice car for low monthly payments, then there's an example.
MondeoMan1981 said:
Anyone closer to the trade / finance side of the trade with any more hints on models holding value well on GFVs?
Did some research last night on Tesla - looking at just now - PCPs on say the model 3 result in a GFV £12k-£17k lower than what they are currently selling for at the end of term age and mileage. Appreciate a market adjustment might come, but talk about building in some fat!
I compared the predicted residuals for the entry-level Model 3 with the optional final payment on a three-year, 10k-mile-per-year Tesla PCP setup yesterday. The optional final payment was around £5,400 or so less than what the car is expected to be worth.Did some research last night on Tesla - looking at just now - PCPs on say the model 3 result in a GFV £12k-£17k lower than what they are currently selling for at the end of term age and mileage. Appreciate a market adjustment might come, but talk about building in some fat!
This would mean effectively paying £5,400 more than the car’s depreciation in deposit and monthly payments (plus interest) and then recouping that if you trade the car in or make the optional final payment at the end of the contract to take ownership and then sell it. You said ‘£12k-£17k lower than what they are currently selling for’. What’s the evidence for this, or are you going by advertised prices, as these could be very different to the real sales prices?
Leasing.com leases on the Model 3 are dramatically better value than Tesla PCP, if you’re happy with the reduced flexibility. We’re talking around £300 per month less for a lease than PCP with practically identical deposit, mileage allowance and contract length.
You say you’re sourcing the finance separately to the car. Since residuals are a fundamental factor shaping PCP and lease monthly payments, I don’t really understand why you’re thinking about residuals separately. Am I missing something?
Gassing Station | Car Buying | Top of Page | What's New | My Stuff