Is Britain facing an EV car finance bombshell How electric car owners who take out PCP loans risk paying far MORE than vehicle is worth due to collapse of second-hand market
Is Britain facing an EV car finance bombshell How electric car owners who take out PCP loans risk paying far MORE than vehicle is worth due to collapse of second-hand market- In the 12 months to October 2023, some £17bn was loaned by financial institutions to motorists looking to purchase a new car, with around 80% of this in PCP deals.
Source: dailymail.co.uk
