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Should I buy my new diesel Audi Q5 on PCP to avoid a possibly much lower resale value?
I intend to buy a new Audi Q5 diesel. Due to the government's latest thinking about diesel cars, and the possibility of losing 15 - 20 per cent when the time comes to sell after three years, would PCP be a better option to buy rather than a cash purchase?
Asked on 15 May 2017 by meljac
Answered by
Honest John
Yes. A PCP gives you the option to buy the car or walk away at the end of the contract as long as you haven't damaged it. The catch is if you do damage it, or crash it, the GFV does not apply and you will be charged for the reduced value, so you have to take out GAP insurance for a few hundred pounds, preferably from an independent like ALA.
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