Not sure what those monthly payments offered in PCP agreements really mean?
This video explains how you can use finance to your advantage and upgrade your car every year.
The key word is 'equity', for every monthly payment you make, you want to get as much of that money back when it comes to selling the car.
With PCP, you gain very little equity in the car with each payment and therefore when you come to sell the car you receive nothing back and are forced in to another PCP agreement with higher monthly payments just to stay in the same standard of car which you have driven for the last 3-4 years.
