Wednesday August 5, 2020

Will car ownership become a thing of the past?

Electric car fleets operating from hubs are the natural successor to PCP payment deals

15th July, 2018
Volkswagen Caddy: an engine that runs on petrol

In Ireland, we like to own things. Exhibit A: our love for buying houses and apartments, while many of our European counterparts are content to rent for long periods. The same applies to cars. Or rather, it did. I’m confident that most motorists today would claim to like owning their vehicle.

Yet PCP finance is used for an ever-larger proportion of new car purchases and far more buyers flip over into a new...

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