Now that I have a growing family, I will soon have to get rid of my 172. I took the 172 out on a PCP scheme which runs out next March. Basically I have 2 choices, either hand the car back and owe nothing else or keep it and pay of the final balloon payment (£4000) and then own the car.
Now Im pretty sure that it will be worth more than £4000 next march, probably more like £6000? (it will be 3 years old then).
If I wanted to buy another make of car e.g. VW could I go to them with my car as a part exchange, then say they give me £6000, use £4000 to pay off the PCP and then have £2000 deposit for the VW? do you think they would be willing to do something like that?