Are Finance incentives for used cars on PCP a thing anymore?
Are Finance incentives for used cars on PCP a thing anymore?
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Discussion

Ted H

Original Poster:

238 posts

73 months

Saturday 12th August 2023
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I’m currently in the market for something around the 45k mark. I’ve spoken with 1 Mercedes and 2 BMW dealers in the past few days regarding 3 specific cars, each 9-12 months old, 4-8k miles, £43-45k.

Each of the 3 cars has been advertised online for 50+ days with at least two price drops during this time.

When speaking to each dealer, I’ve made it clear that if they do me a good PCP deal I’ll sign on the dotted line immediately. No mention of “having a think” or “speaking to the Mrs”, I just want to get a deal done.

However, none would offer a “deposit contribution” or any incentive to purchase the car on Finance. The price is the price, and I was quoted the figures I could have found on their websites.

When I bought a 2 year old 5 series at the start of the year, they were throwing deposit contributions at me before I’d even asked.

Has something changed in recent months or have I just been unlucky?

ZX10R NIN

30,391 posts

152 months

Saturday 12th August 2023
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It'll come from the manufacturer it normally happens after the next reg change but they've been less of a thing since covid.

journeymanpro

918 posts

104 months

Saturday 12th August 2023
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Rarely get incentives on used car pcp

MrF193

144 posts

119 months

Saturday 12th August 2023
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You’re better off using a specialist finance broker who offer a more competitive APR and better GFV for lower monthly payments and interest. Happy to help with this if you want to drop me a PM