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Red Herring · 16-04-17, 12:15 PM

PCP's make sense if you are going to keep replacing the car/bike every three years, you only really take the hit when you decide to get out of the deal, so I can see why they are so attractive. Owning a house isn't cheap either with ongoing maintenance etc but if I did the sums (we have) my house is still worth well over three times what I've ever spent on it so when we decide to get out we'll be laughing. Unfortunately the government have spotted this one and they are already making it harder to realise your assets, but for every problem there is always a solution, and we're working on it!

16-04-17, 12:15 PM	#19
Red Herring Member Mega Poster Join Date: Dec 2007 Posts: 2,708	Re: joined the property ladder PCP's make sense if you are going to keep replacing the car/bike every three years, you only really take the hit when you decide to get out of the deal, so I can see why they are so attractive. Owning a house isn't cheap either with ongoing maintenance etc but if I did the sums (we have) my house is still worth well over three times what I've ever spent on it so when we decide to get out we'll be laughing. Unfortunately the government have spotted this one and they are already making it harder to realise your assets, but for every problem there is always a solution, and we're working on it!