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      09-12-2017, 06:12 AM   #7
bmnut
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Drives: M440i xDrive
Join Date: Aug 2013
Location: North East England

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Quote:
Originally Posted by Novakbmw View Post
I'm sure you guys have discussed this before

But paying off the finance on the pcp within 14 days or so means you get the pcp discount on the car which you don't get if you but it out right

So on 430d around 12 k

Anyone done this wish I could ...
You have to wait until the first agreed monthly payment has been made (this covers the 'cooling off' period required by the credit legislation) then you can pay off a lump sum if you want to reduce your monthly payment which is what I've just done. I'm guessing if you are paying it all off then you probably don't need to wait a month as you are in essence cancelling your credit agreement under the statutory conditions!
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