My guess is that the volume car manufacturers are influencing the PCP financing as I understand it depends on a guaranteed residual at the end of the term. Feels a bit like ENRON as well as sub-prime mortgages. What will happen to the residuals on Diesel cars if the negative press continues as currently and assumedly there will be a bow-wave of cars financed through the PCP schemes hitting the used car market. It certainly will be a negative for someone in the system. I wonder who?
