Quote:
Originally Posted by RalphyBMW
How much negative equity have you got?
You net saving is probably nominal overall.
Buying the Mondeo to own it, or PCP? If PCP what's the interest rate?
How much is the Mondy? £10k?
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Hi its up for 13k. Ive got 3 k negative equity and il be looking at keeping it working on a rough estimate to buy and keep the mondeo for 5 years will be 21000 ish and the bm would be around 35k is with refianancing a little bit of the baloon at the end. Its a big saving but i know there could be other costs involved and i keep thinking if i have the mondeo il want to upgrade sooner than if i kept the bm and this could potentially eat in to the 14000 saving. plus the bm will still be work something in say 6years and the mondeo will be worth nothing as it would be 10 years old.