video1.0<iframe src="https://www.loom.com/embed/24550486fb624c42b6e265a3410bbe98" frameborder="0" width="1280" height="960" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9601280Loomhttps://www.loom.com9601280https://cdn.loom.com/sessions/thumbnails/24550486fb624c42b6e265a3410bbe98-00001.gif250.95 Hi there! In this Loom, I wanted to share my experience selling a car on PCP in the UK. First of all, I learned that while buying a car on PCP is easy, selling it is not straightforward. It takes a lot of time and effort to clean the car, take pictures and create a video, and you may not get many calls. I lowered the price by £500 a week and still only got five calls in five months. I realized that most people buying second-hand cars don't use PCP, especially from private sellers. My next move is to subscribe to a car, which won't require a balloon payment or be as expensive as hire purchase. I also want to move on to an electric car and not create a mid-term debt for myself. I'm going with Volvo, which provides a subscription service, and I'm expecting more and more subscription services to become available. If you're planning to sell your car, especially in the UK, be prepared to face tough competition from dealerships. Going with a subscription model can be a good option, and Volvo has a reasonable three-month notice period. By giving the car back three months before the end of the subscription, you can save around £2,000 a year, which adds up to £20,000 in 10 years.