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Individual offers still shine, despite challenging APRs
| 题名： | Individual offers still shine, despite challenging APRs |
| 正文语种： | eng |
| 作者： | TOM SEYMOUR |
| 摘要： | The cost of finance may be high but manufacturers are responding in kind with all of the top 10 lowest priced personal contract purchase (PCP) plans at less than £200 a month in Q4. AM's PCP data of manufacturer representative examples shows that the average monthly PCP cost in Q4 is £401, which has increased slightly by an extra £7 a month quarter-on-quarter. Average APRs have gone from 6% to 7%, reflecting the increasing pressure on interest rates and the cost of borrowing as a whole, and manufacturers have dialled back their deposit contributions by just more than 8% to an average of £943. However, the offers available still paint a positive picture for any consumer seeking a new car. Hyundai's i20 and Bayon take up the first and second place as two of the most affordable vehicles available in the UK new car market at £128 and £153 a month respectively. |
| 出版年： | 2022 |
| 期刊名称： | Automotive Management |
| 期： | Nov. |
| 页码： | 14-14 |
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