PCP Renault Arkana

[gingerwarrior79]

Very much a lurker here over recent months.

Just by chance I got an email from a local Renault dealership offering me the Renault Arkana Evolution for £313pm of 4 years with a £269 deposit.

I’m trying to get this down to £250pm with as little deposit as possible - but whilst I appreciate PCP isn’t well thought of, at what point is a PCP deal is a good one?

[wyson]

Do a cost of ownership analysis over 4 years for other options like PCH, bank loan, cash etc. Cheapest wins.

[Earthdweller]

Also how long do you want to keep the car for?

If long term then pcp probably not for you

[The Rotrex Kid]

Every £20pm off the payment is £1000 more deposit (roughly) so to get to £250pm you’re going to stick in another £2750/3000.

[OMITN]

wyson said:

Do a cost of ownership analysis over 4 years for other options like PCH, bank loan, cash etc. Cheapest wins.

This is the only way.

[gingerwarrior79]

Thanks for all your replies. I have started to pull together a spreadsheet for that along with other car options out there.

For the time being, it looks like I'll extend my existing lease.

Then to decide the next steps -

• Lease a new car
• PCP a new car
• Buy a used car (up to £8k)

All fun and games