kev2011 Posted March 21, 2022 Share Posted March 21, 2022 Hi all, query regarding PCP deal and the mileage limit. Let's say you have a 10k a year limit each year for a 3 year deal so overall 30k miles. If you go over, its x pence per mile. Question is, do you have to stick to 10k miles per year or doesn't it matter as long as at the end of the 3 years your not over 30k miles? Thanks Kev Quote Link to comment Share on other sites More sharing options...
alexp999 Posted March 21, 2022 Share Posted March 21, 2022 It only matters at the end 1 1 Quote Link to comment Share on other sites More sharing options...
kev2011 Posted March 22, 2022 Author Share Posted March 22, 2022 Great news, thanks for the reply. Kev Quote Link to comment Share on other sites More sharing options...
DaveT70 Posted March 22, 2022 Share Posted March 22, 2022 And even if you are over don't worry. your car is worth more than the MGFV so if the dealer or Ford Credit want to moan just sell the car to we buy any car dot com and pay off the finance, you'll get more money anyway that way 1 Quote Link to comment Share on other sites More sharing options...
kev2011 Posted March 23, 2022 Author Share Posted March 23, 2022 ah great thanks, let's hope its the same when i'm nearer the end of the 3 years 🙂 Kev Quote Link to comment Share on other sites More sharing options...
DaveT70 Posted March 23, 2022 Share Posted March 23, 2022 Just now, kev2011 said: ah great thanks, let's hope its the same when i'm nearer the end of the 3 years 🙂 Kev Just remember, one thing you should never do is hand the car back and walk away. If you don't want a new car with them, sell it yourself and pay off MGFV 1 Quote Link to comment Share on other sites More sharing options...
kev2011 Posted March 23, 2022 Author Share Posted March 23, 2022 ok thanks, if I was to get another car through with them, should I trade it in/px or still sell it myself and then buy through them again? Thanks Kev Quote Link to comment Share on other sites More sharing options...
DaveT70 Posted March 23, 2022 Share Posted March 23, 2022 Yes, PX is OK as you always get more money than MGFV, just never hand back. That's when mileage comes into it 1 Quote Link to comment Share on other sites More sharing options...
kev2011 Posted March 23, 2022 Author Share Posted March 23, 2022 ok so don't hand car back at the end and take another, buy it then trade in or sell else where. Thanks Kev Quote Link to comment Share on other sites More sharing options...
alexp999 Posted March 23, 2022 Share Posted March 23, 2022 You can part e/x, they'll give you the difference between the GMFV and what the car is worth towards your deposit on the new one 1 Quote Link to comment Share on other sites More sharing options...
DaveT70 Posted March 23, 2022 Share Posted March 23, 2022 36 minutes ago, kev2011 said: ok so don't hand car back at the end and take another, buy it then trade in or sell else where. Thanks Kev No, you don't need to buy it to trade in against another car, they just give you the car's value less the settlement figure (payments left + MGFV). You only need to sell it yourself if you want rid of it (hand back) as Ford will only give you MGFV less mileage and damage. 1 Quote Link to comment Share on other sites More sharing options...
kev2011 Posted March 23, 2022 Author Share Posted March 23, 2022 ok thanks all Kev Quote Link to comment Share on other sites More sharing options...
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