PCP - handing the bike back

[Wull]

What?s the deal with handing the bike back during the PCP term?

 

[fast_ryan]

Finance

If it?s with BMW Finance then give them a call quoting your agreement number. They will then calculate a settlement figure for you if applicable.

 

[triplejimmy]

As above you need to have paid back 50% of the agreement to come out without having to pay them to hand it back (normally). Depending on how long into your term you are you might find you need to pay them. Only way to know for sure is call them.

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[Corkgsxr]

We had a few here that only lost deposits. One was quite soon in.

 

[Monners]

As above, call them for a settlement figure. Just bare in mind that the finance is weighted so you lose more money the earlier you settle. I know from experience that it's definitely not economical trying to get out in the first two years.