Who owns your car?

Personal contract plans dominate the car finance market, which was valued at €1.8 billion last year

Buyer beware ‘People are not looking at the overall picture of PCP. They may not be aware of the fact they don’t actually own the vehicle’

This article first appeared in the Sunday Business Post on January 8, 2017

Who owns your car? It’s a pertinent question: Irish people bought 167,000 new cars last year. It’s the biggest annual tally since the crisis virtually halved the market between 2007 and 2008.

Part of that resurgence has been the recovery, part of it has been Irish people’s need to update their cars, and a whopping great part of it has ...