All,
So I'm in a bit of a predicament.
My current PCP plan comes to an end October 2020, I estimate between Nov 2019 - Sept 2020 I will need to spend the following on general maintenance:
£220ish - Service
£360 - 4 new tyres
£199 - DSG oil change
£588 - Cambelt with water pump
£49 - Brake Fluid
Total = £1416
I got a part ex value of my car which was £2000 less than my current settlement figure.
Just seems crazy to me spending all that money on the car when I might just get rid of it Oct 2020 and tbh I would like a different car but I just can't come to the fact of loosing £2000 on my finance atm
Would this negative equity sort itself out by Oct 2020 or do I just keep it after Oct 2020 and hope the negative equity sorts itself out and I'd gain the £1416 I gotta spend on maintenance?
Just want your opinions and tell me what you'd do in a situation like this please.
The car is a SEAT Leon 65 plate 2.0 diesel DSG 184 with 61000 miles.
I look forward to hearing your opinions.
So I'm in a bit of a predicament.
My current PCP plan comes to an end October 2020, I estimate between Nov 2019 - Sept 2020 I will need to spend the following on general maintenance:
£220ish - Service
£360 - 4 new tyres
£199 - DSG oil change
£588 - Cambelt with water pump
£49 - Brake Fluid
Total = £1416
I got a part ex value of my car which was £2000 less than my current settlement figure.
Just seems crazy to me spending all that money on the car when I might just get rid of it Oct 2020 and tbh I would like a different car but I just can't come to the fact of loosing £2000 on my finance atm
Would this negative equity sort itself out by Oct 2020 or do I just keep it after Oct 2020 and hope the negative equity sorts itself out and I'd gain the £1416 I gotta spend on maintenance?
Just want your opinions and tell me what you'd do in a situation like this please.
The car is a SEAT Leon 65 plate 2.0 diesel DSG 184 with 61000 miles.
I look forward to hearing your opinions.