Unsurprisingly the best PCP deals are on cars with the best resale price at the end of the contract. When you look at the price, be sure to add up all of the costs over the whole contract, to compare with financing an outright purchase. I saw somewhere that the Skoda Yeti is one of the top five in this respect.
With PCP, you only have to pay the difference between the purchase price and the residual price plus the interest on the outstanding balance.- this is what makes those deals look so attractive. As mentioned above, the “fair wear and tear” terms are what catch many people out at the contract end. Of course, you can avoid this by choosing the option to purchase.
I have seen how they inspect cars and you might be amazed at the dents, dings, chips and scrapes they will find, they you were not even aware of. They will also check for any substandard repairs that may have been done. Think what it’s like when you return a hire car in Spain after a fortnight.