My present car is a PCH car (Personal Contract Hire).
I try to change my car every 3 years, and I stopped buying a car simply because they depreciate in value at an insane rate. Example, my present car a Vauxhall Astra 1.6 Excite, if I had purchase it, would have cost me at the time £17,000. 3 years later it would have been worth £6400.
The PCH option I use is a fixed monthly rate for 36 months, after that I simply hand the car back, and walk away, or arrange a new car for the next 36 months. The package also includes all maintenance and servicing costs, road fund licence. I only have to put petrol in the car and have fully comprehensive insurance, and I also have optional gap insurance, just in case the car is an insurance write off during the rental period.
So, I’ve looking for a new car, and what struck me is how large family cars are becoming, and how powerful the small turbo charged engines are.
Because we have a lot of American readers here on the forum, I should explain that what is classed as ‘family’ sized car in the UK and Europe, would be classed as a ‘compact’ in the USA.
After a lot of research, I have decided on the brand new Honda Civic 1.5 VTEC Turbo Sport. UK specs are totally different to USA and other country’s where the ‘Sport’ is a ‘basic’ model.
Here in the UK, the ‘Sport’ trim is very well specified, with all the Honda ‘sensing’ safety features, and all the nice technology ‘toys’. Such as full LED lights, brilliant TFT instrument cluster, 7 inch infotainment system with Apply Car play and Android auto.
Anyway, here is what the car will look like when it’s delivered sometime over the next 6 to 8 weeks.