Re: Finance figures are a bit scary
"Add in other dealer finance and only about 10% of new cars in the UK are bought outright (or with personal loans)."
... possibly due to the way the motor industry seems intent on preventing you from buying outright. Just over 3 years ago I was replacing my 6 year-old car. Seemed to be no talk of any discount from list price for an outright purchase (which is what I really wanted to do) but with PCP I got an extra £2500 trade in plus 3 years free servicing + finance was on a 0% offer - so that's what I went for leaving the money I wouod have used to buy outright in the bank. After 3 years I got all the "your PCP contract is coming to an end - come in and discuss your options for a new car" which I ignored, paid the final payment and in another 3 or so years time I may be looking to replace a 6 year-old car again.
Biting the hand that feeds IT
