Is Britain facing an EV car finance bombshell? How electric car owners who take out PCP loans risk paying far MORE than vehicle is worth due to collapse of second-hand market
It is the way eight out of ten motorists finance their new cars, but are Personal Contract Purchase deals good value for money – especially for people considering buying an electric vehicle (EV)? In the 12 months to October 2023, some £17bn was loaned by financial institutions to motorists looking to purchase a new car. […]
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