I called in a the dealership I bought the car from today.
They advised that at 30 months my settlement figure was just over £16k and that the value of my Exclusive with 13k miles was around £11k. Therefore, nothing I can do at the moment.
He did advise that taking the VT option before the end...
From what I can see the balloon payment required for my PFL Exclusive at the end of my PCP in 2.5 years time is about the same as they’re selling for now on the 2nd hand market so I’m not holding much hope of decent part ex deal…
Thanks for this. Are you saying that you paid off your settlement figure so the car was then yours to do with as you wanted?
Unfortunately, for various reasons the car doesn’t really suit us and my wife won’t drive it unless it’s absolutely necessary so I’m considering taking the option of...
But I don’t understand why I’m being charged full price from midnight to 00:30hrs and why my “cheap” rate period from 00:30hrs on the graph at the bottom of the bill is showing at 8.10p. 🤔
I switched to Intelligent a few weeks ago but can’t for the life of me work out how “charging” is shown on my bill.
What I can see is that from 00:00-00:30 I’m being charged at 24.5p per kWh and from 00:30-05:30 it’s 8.10p per kWh. Neither of which seem right - what happened to 6.67p?
I have...
Mine is a PCP with a finance company which was arranged through the MG dealership I bought the car from. Still got £18k outstanding so a long way off VT. Not sure when I might be eligible for a change of vehicle though? :unsure:
I am aware that a PCP can be cancelled and the vehicle returned, (Voluntary Early Termination), once 50% of the total "loan" has been repaid.
Interested to know if anyone has taken the option of Voluntary Early Termination of their PCP agreement and whether or not the finance company made it...
Thank you. I will check the next bill. I told Octopus there’s a bit of confusion out there but I doubt it will get to those who can do anything about it..!
Further clarification by email from Octopus this afternoon:
“I can confirm that your property will be charged by the day rate even if your car is being charged outside of our off peak hours”.
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