I'm looking for abit more advice please regarding purchasing a nearly new car (and the best way to do it).
I have been looking into the fine details now for a month or so, basically i'm wanting a Vauxhall Mokka that is around 1 year old (not wanting brand new from the dealers due to the depreciation hit once its driven off the forecourt - but with a 1 year old car it will also still have 2 years vauxhall warranty in the event there are any problems with the vehicle).
I have seen a few and can obtain one for around 11.5k - (the spec and mileage that im after).
I have been bamboozled with various different methods to purchase so would like to know from members experience what is the best way??
I have £1,000 that im willing to put in myself, meaning i would finance £10.5k
Is the best way to purchase by letting the vauxhall dealer do car finance on hire purchase or by getting a 10.5k bank loan myself over 5 years??
Vauxhall have also said they would be willing to let me do PCP on the car also over 5 years , however i would be restricted to a mileage allowance each year - then also at the end of the 5 years i would still need to pay a final amount to purchase the car - or i could then trade it back in for another new car.
There seems to be lots of different options so i would like to know what members think please??