I think it's more a term PCP can work if the buyer is realistic and understands the actual contractual value of which they are agreeing too, which is more often than not a considerable mark up over sticker price, just to pay it off monthly to ride it off the court quicker.
Dealers get more commission by selling finance which can be used to reduce the sticker price, especially on new vehicles. As I said, if you get a deal at 0% finance, then the money is better off in your own bank account. I would not disagree though there are plenty of muppets quick to sign up to a 10% finance deal on a £50k + car without any real understanding on what they are signing up too.
Bang, nail on the head. The dealership gains from the PCP deal. I'm not negating that it can work (it being PCP), just that the rush to get the latest and greatest traps a lot of people who don't think before buying. As for the bike it's self, I'm sure it'll be amazing and awesome. Only to quickly become last years model within the next 8-12 months.
Doesn’t it (and the RS Diavel) have the full suite of electronics from the Panigale V4S&R models which the current Multi RS doesnt have ?
The Ohlins on the Diavel RS looks basic compared to the SFV4S for example, why would they not include the same system ? for £34k
The intent is the bike has a greater trade in value against a new model than the GMFV thus providing the rider the deposit for the next bike and the next pcp deal (or HP or cash purchase) PCP deals are not for everyone but they do work for a lot of people. Houses and vehicles are the biggest expenses most of us incur in life and banks will always find a way to spread the cost of those purchases, matching outgoings with earned income. Dealers prefer them to cash because they get a commission from the bank on each finance deal. Customers prefer them because they can pay for the bike on a monthly basis at a reduced monthly cost to a straight HP deal. Many customers with available cash reserves still prefer PCP deals for vehicles because it means their cash reserves are still there for an emergency. We shouldn’t think PCP deals are there solely to persuade those who otherwise couldn’t afford the bike to acquire it.
