PCP deals for motorbikes?
Discussion
To be fair when I had my Jag it was the part cost that was often prohibitively expensive. Very few aftermarket suppliers, I can only recall one reliable website I would use. That said there are some "black boxes", which would fail and cost a great deal of money..
I think a set of replacement mats were like £400. f
king mental.
I think a set of replacement mats were like £400. f
king mental. Dr Jekyll said:
Baryonyx said:
Dr Jekyll said:
The last time I was in a car dealer that question wasn't asked at all. Once I'd found a car I liked then I was asked how I normally financed my cars. 'Cash' I said, 'that's always the best' admitted the dealer.
When was that, 1988?Hugo a Gogo said:
Dr Jekyll said:
Baryonyx said:
Dr Jekyll said:
The last time I was in a car dealer that question wasn't asked at all. Once I'd found a car I liked then I was asked how I normally financed my cars. 'Cash' I said, 'that's always the best' admitted the dealer.
When was that, 1988?from what I understand there is some cracking PCP deals on at times where effectively all your doing is paying the depreciation of the car then handing it back, yes your loaning the car.
I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are fked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.
PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even st boxes will become unaffordable to many and many will simply buy used.
This is however just my opinion.
I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are f
ked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even s
t boxes will become unaffordable to many and many will simply buy used.This is however just my opinion.
moanthebairns said:
from what I understand there is some cracking PCP deals on at times where effectively all your doing is paying the depreciation of the car then handing it back, yes your loaning the car.
I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are fked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.
PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even st boxes will become unaffordable to many and many will simply buy used.
This is however just my opinion.
Interesting I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are f
ked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even s
t boxes will become unaffordable to many and many will simply buy used.This is however just my opinion.
/notsarcastic....just to be clear.
mike-r said:
Fleegle said:
My Jag had only just hit 70K. I scrapped it because I had a hissy fit. I remember the bloke at the garage calling me the next day and asked if I was serious about scrapping it. I thought £700 to fix the faulty indicator was a bit daft. The year before that £500 to replace the front hub, the year before that £600 on suspenders, and before that, a grand at a Jag dealership for a service. This is on a car that under my ownership was doing 2-3K miles a year. A lot to be said for buying new!!
A lot has to be said about the value of a Haynes manual as well 
I have manuals for all my bikes and spend time working on them as I find that pleasurable. Working on a shopping trolley isn't
y2blade said:
moanthebairns said:
from what I understand there is some cracking PCP deals on at times where effectively all your doing is paying the depreciation of the car then handing it back, yes your loaning the car.
I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are fked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.
PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even st boxes will become unaffordable to many and many will simply buy used.
This is however just my opinion.
Interesting I wouldn't touch a pcp with a view to actually owning the vehicle at the end of the pcp deal as the figures i looked at your screwed over a personal loan say.
I do however see PCP as a bad thing for the motoring industry for the long term anyway. It will effectively be like the housing bubble. Sure PCP works for some but far too many as have been said are just looking at the monthly payments.
You walk into GG and comment about the price of a new fiesta and its (thats inflation) yet in most cases the inflation of cars far outweighs the inflation of millions of other products and most importantly wages. I can’t help but think with the car for scrap scheme and the bank rolling for the government that the industry knows it can’t fail or should i put it another way the industry knows that the government thinks that car companies cannot fail. Thousands of companies are cutting there cloth accordingly, going to other manufactures for cheaper parts etc, absorbing some of the cost to see its not passed on to the customer who in the end has to buy the product otherwise they are f
ked the car industry seems not to have adopted this. Sure prices for certain materials etc will have went up but manufacturing costs, etc will have went down due to savings made in efficiency and development.PCP in my views effectively means that they don’t have to do this, they can charge what they want as all the punter needs to worry about is the monthly repayments. Im pretty sure in another 10 years or so that car companies will feel the effect of this, as with the constant insistence of raising cars inline or well above inflation their profit will dwindle as even s
t boxes will become unaffordable to many and many will simply buy used.This is however just my opinion.
/notsarcastic....just to be clear.
New cars don’t fit into that bracket as well you can always buy used.
Fleegle said:
mike-r said:
Fleegle said:
My Jag had only just hit 70K. I scrapped it because I had a hissy fit. I remember the bloke at the garage calling me the next day and asked if I was serious about scrapping it. I thought £700 to fix the faulty indicator was a bit daft. The year before that £500 to replace the front hub, the year before that £600 on suspenders, and before that, a grand at a Jag dealership for a service. This is on a car that under my ownership was doing 2-3K miles a year. A lot to be said for buying new!!
A lot has to be said about the value of a Haynes manual as well I have manuals for all my bikes and spend time working on them as I find that pleasurable. Working on a shopping trolley isn't
Amused me that the theme of this thread was tilting to PCP 'in case something goes wrong'. For commuter hacks I'll be forever in a cycle of £2-3k cars that I run into the ground over about 5 years.
Fleegle said:
mike-r said:
Fleegle said:
My Jag had only just hit 70K. I scrapped it because I had a hissy fit. I remember the bloke at the garage calling me the next day and asked if I was serious about scrapping it. I thought £700 to fix the faulty indicator was a bit daft. The year before that £500 to replace the front hub, the year before that £600 on suspenders, and before that, a grand at a Jag dealership for a service. This is on a car that under my ownership was doing 2-3K miles a year. A lot to be said for buying new!!
A lot has to be said about the value of a Haynes manual as well I have manuals for all my bikes and spend time working on them as I find that pleasurable. Working on a shopping trolley isn't
mike-r said:
Fleegle said:
mike-r said:
Fleegle said:
My Jag had only just hit 70K. I scrapped it because I had a hissy fit. I remember the bloke at the garage calling me the next day and asked if I was serious about scrapping it. I thought £700 to fix the faulty indicator was a bit daft. The year before that £500 to replace the front hub, the year before that £600 on suspenders, and before that, a grand at a Jag dealership for a service. This is on a car that under my ownership was doing 2-3K miles a year. A lot to be said for buying new!!
A lot has to be said about the value of a Haynes manual as well I have manuals for all my bikes and spend time working on them as I find that pleasurable. Working on a shopping trolley isn't
Amused me that the theme of this thread was tilting to PCP 'in case something goes wrong'. For commuter hacks I'll be forever in a cycle of £2-3k cars that I run into the ground over about 5 years.
. It was mainly parts as I use a reasonably price independent rather than the rip off main stealers.I'm with you on the attitude of running them into the ground. Cars really don't tick the box for me, it's somewhere warm and dry to stick the shopping or the weekend away bags. However, buying the cheap 2nd hand car is now getting a risky business because of how computerised cars are becoming. I spent £5k on a car about 10 months ago. Took it to my garage for a MOT which it passed with an advisory on the brake pads. So I booked it in for these to be replaced and have a service and a/c charged at the same time before going away for a weekend. A phonecall on the Wed night from the garage to say all the brakes are locked on due to the electronic handbrake activating. Aware I am going away at the weekend he promised that if it wasn't sorted a hire car of same size would be at my disposal. 2 weeks later I have picked it up. It has spent a week and a half at the Citroen dealers with them scratching their heads as to what the fault is. Finally after speaking to Citroen UK they have established that the software had s
t itself and needed updating.Fortunately my garage haven't passed any of these charges to me other than the normal service charge, but it just goes to show how easily cars can become unusable.
Maybe PCP is a good idea after all???
Some interesting points chaps.
My own car is now nearly 12yrs old ... a lot of it electronic but not so much that it becomes expensive to work on and equipped with VCDS I can diagnose any fault and fix it for sensible money although it's been mega reliable. Likewise I can do the same with the Wife's 7yr old car. It helps I do all the work on them with the exception of major jobs.
However having had my car over 7yrs I have been contemplating replacing it for sometime but I admit I'm somewhat apprehensive buying another used car that is around 3-5yrs old that I have always done due to such stories as those above. As an example I was considering a 4yr old Audi A3 TDi ... research showed they have a habit of stting turbos... which in turn can take the engine with it... DMF failures are very common and with parts and labour can exceed four figures easily... that's without me starting on the DSG problems with these cars... £3k gearboxes? ... thanks, but no thanks...
My best mates 10yr old Audi S4 V8 has had in excess of five grand spent on it over the past 18 months with lots of problems... crazy given the car cost £11k.
Anyone considered these warranties you can buy now for used cars to prevent such instances as this long term?
My own car is now nearly 12yrs old ... a lot of it electronic but not so much that it becomes expensive to work on and equipped with VCDS I can diagnose any fault and fix it for sensible money although it's been mega reliable. Likewise I can do the same with the Wife's 7yr old car. It helps I do all the work on them with the exception of major jobs.
However having had my car over 7yrs I have been contemplating replacing it for sometime but I admit I'm somewhat apprehensive buying another used car that is around 3-5yrs old that I have always done due to such stories as those above. As an example I was considering a 4yr old Audi A3 TDi ... research showed they have a habit of s
tting turbos... which in turn can take the engine with it... DMF failures are very common and with parts and labour can exceed four figures easily... that's without me starting on the DSG problems with these cars... £3k gearboxes? ... thanks, but no thanks...My best mates 10yr old Audi S4 V8 has had in excess of five grand spent on it over the past 18 months with lots of problems... crazy given the car cost £11k.
Anyone considered these warranties you can buy now for used cars to prevent such instances as this long term?
Biker's Nemesis said:
How many people were pissed off when they couldn't afford too keep their BMW 1000RR's when the final bill dropped on their front door mat.
I do not think it is a good idea unless you happen to be cash rich.
Funnily enough I've been looking for the R1's replacement and have been surprised by the amount of 3-4 year old BMW S1000's for sale ... around £7k will get a nice one! I do not think it is a good idea unless you happen to be cash rich.
Biker's Nemesis said:
How many people were pissed off when they couldn't afford too keep their BMW 1000RR's when the final bill dropped on their front door mat.
I do not think it is a good idea unless you happen to be cash rich.
Yeah, exactly ...a lot can change in circumstance over 3 years and you might not have saved up that £7k final payment....I do not think it is a good idea unless you happen to be cash rich.
I prefer to buy toys with cash or 50/50...some of the low interest/interest free deals are good if you have large deposit
Then its nice to have something to look forward to i.e. paying bike off, no more payments and if still happy keep the bike for years to come
I much prefer that to a big bill hanging over your head waiting for the day you have to give the bike back
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