You're spot on and with the cash allowance paid instead of the car (and no BIK tax to pay) I would have about £450pm to spend. No difference in mileage allowance.
If I went for a cheap car I'd be quids in. I don't want a cheap car.
I got a PCP style quote for a Passat CC 140 GT (think it was the GT might not have been) and it was over £500pm over 3 years. And had a deposit. And I had to pay servicing, insurance, etc. on top. I went for a higher spec car than the quote was for.
Look on the bright side... we will all own part of my new car as it's a lease company associated with a bank that got part nationalised :-)
Last edited by: rtj70 on Wed 17 Aug 11 at 22:35
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