Akash
03-02-2017, 06:36 PM
Hi all,
Don't think I've ever gone onto the A7 side however a loaner while mine has gone in has got me thinking.
No idea if "prying" into finances is accepted with car payments but what the heck!
So what I wanted to know is who has taken out a PCP for their A7's and how much roughly are you paying?
My scenario is this - I have always had a HP on cars...whether I take it to the full term or pay it off early is another question but ultimately, I own the car at the end.
My current 2015/65 A6 is no different and I am fairly happy with it.
BUT this A7 3.0 272bhp changes things a little so I've asked the question now on what my options are.
Where things stand is I have 0 equity in mine being only a year old so essentially it would be a case of the finance paid off and start again.
HP on a used or new A7 is not an option - the payments are way above what I want.
PCP however works pretty much matching my current payments but throws out the window everything I believe in BUT if the final balloon is decent enough to split over a 5th year after the 4 year PCP deal, then maybe it is an option as I would not be too far off a standard 5 year HP but I suspect this is not the case.
I basically need to compute the next 4 years - currently, my A6 would be paid of with probably 35000 miles on the clock but it would be mine.
PCP would pay off essentially the same amount in the next 4 years as my A6 would be but at the end of the term, it goes back, or pay it off/refinance pay it off.
My other question is what happens in 6/12/18 months if finances change and the car is not affordable - aside from the usual voulantary 50%? return, does PCP allow a give back with the acceptance of loss on any payments made or would it have to be sold and finance paid off/given to Audi and get them to pay what its worth with a top up of the balance/paid up to the 50%?
THanks all : )
Don't think I've ever gone onto the A7 side however a loaner while mine has gone in has got me thinking.
No idea if "prying" into finances is accepted with car payments but what the heck!
So what I wanted to know is who has taken out a PCP for their A7's and how much roughly are you paying?
My scenario is this - I have always had a HP on cars...whether I take it to the full term or pay it off early is another question but ultimately, I own the car at the end.
My current 2015/65 A6 is no different and I am fairly happy with it.
BUT this A7 3.0 272bhp changes things a little so I've asked the question now on what my options are.
Where things stand is I have 0 equity in mine being only a year old so essentially it would be a case of the finance paid off and start again.
HP on a used or new A7 is not an option - the payments are way above what I want.
PCP however works pretty much matching my current payments but throws out the window everything I believe in BUT if the final balloon is decent enough to split over a 5th year after the 4 year PCP deal, then maybe it is an option as I would not be too far off a standard 5 year HP but I suspect this is not the case.
I basically need to compute the next 4 years - currently, my A6 would be paid of with probably 35000 miles on the clock but it would be mine.
PCP would pay off essentially the same amount in the next 4 years as my A6 would be but at the end of the term, it goes back, or pay it off/refinance pay it off.
My other question is what happens in 6/12/18 months if finances change and the car is not affordable - aside from the usual voulantary 50%? return, does PCP allow a give back with the acceptance of loss on any payments made or would it have to be sold and finance paid off/given to Audi and get them to pay what its worth with a top up of the balance/paid up to the 50%?
THanks all : )