WayneS2

Hi, I have owened my s2000 for just over a year now MY05. I bought it from a honda dealer and chose to go with the pcp option with the view of getting a newer car after three years. However with the price of cars falling more than expected with the credit crunch etc............woukd I be better to buy myself out of the contract early and buy another s2000 of the same age and have lower monthy payments? Has anyone else had similar thoughts or ideas?

thanks

WayneS2

Anyone?

s2konroids

IIWU i'd get out of it for the reasons you say.

STEVE PEARSON

I think you need to work out the difference between how much it will cost you to buy out of your contract, against how much you will save over the full loan term if you went for reduced payments on a new S.

Hope this makes sense.

WayneS2

yeah I agree. Thanks guys

tysonthenewb

Yeah

Time to sit down and do some number crunching Wayne, as dull as it may be! Enjoy!