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Can I make any money by paying my £20,000 PCP balloon payment and selling the BMW 4 Series onto a dealer?
I am approaching the end of a PCP agreement on a 2015 BMW 4 Series 2.0d xDrive M Sport (184PS). I think it's a desirable spec in white with black leather and a professional navigation system. My balloon payment is £20,000. Would it be possible to make any money by paying the balloon payment and maybe selling it on to BMW dealer? Is the car sought after? It does sound quite risky but it's in good condition and the mileage will be around 28,000 at the end of the agreement. Secondly, due to a new arrival (less travel) I have over estimated mileage by around 4000 miles. Will I receive any refund from the finance company?
Asked on 21 January 2017 by Friendlybear
Answered by
Honest John
Desirable car. All you can do is ask the dealer (or him and other BMW dealers in your area). His answer will depend on whether or not he has a customer waiting for an end of PCP return of your type of car. Can't answer for the finance house either. It's not usual to give customers a pat on the back for bringing a car back with less miles than on the agreement, but they might.
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Handles as impressively as you’d hope, handsome styling makes the newer 4 Series look fussy, wide range of strong petrol and diesel engines, plenty on the used market.
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