VW PCP - should I go 5.8 or 4.9%

[Californication69]

New offer out on VW finance PCP
Down from 5.8 to 4.9%

5.8% PCP
The GFV was £50k

4.9% PCP
GFV is now £45k

The lower apr is an extra £17 a month.
And I pay £3.5k less interest over 60 months.

No brainer really isn’t it ?

 

[Wannabecamperman]

Whichever gives the lowest overall cost for the full fixed term.

 

[Californication69]

And option 2 for a better residual too ?
There is a 5 year old 4Motion on auto trader for £62k
!
So if I went for the extra £17 a month and had £45k GFV.
Could potentially have £15k equity.
(Shrugs shoulders)