Returning to finance after PCP

[Zippy321]

I have had an MG5 Exclusive since 2021. Enjoyed it, she drove smoothly and reliably, kept mileage low at 26,000 and saved a fortune on fuel with my solar panels, but unfortunately have to hand it back as my PCP ends; it’s value is now about 2k less than the balloon payment. They want 10,400 but it’s worth about 7/8k.

I would like to know what the handback process was like? I’m well aware of the wear and tear guide but want to know have they been extremely picky, do they nitpick the small stuff, was it a simple process or did it cause you grief? Do they inspect it at handover or back at their auction house?

Thanks in advance

 

[Jomarkh]

Have you asked them to check the price of the car to see if they can reduce the balloon payment? Worth a go.