I am very worried about both my wifes and my job, the gti feels like a luxury I cant afford right now, its on a pcp but thankfully I paid a large deposit, it was a year old in feb with 5k on the clock and I owe approx 17.5 k, times are very uncertain but would you think any vw garage would be interested?
If you paid a large deposit then not only should you possibly be in positive equity (based on non-crisis values), but your PCP payments are probably quite low too. If only a year in and owe £17500, you're only servicing a likely £4500 over the nextc2 years plus interest.
Lose all that equity you have and if you still need a car, you'll still be paying most of your monthlies on a car worth half as much or paying £100 a month for an old heap.
If you've got a tracker mortgage and a sizeable balance, you could be saving upwards of £50 a month there. If you're working from home or have been told not to come in then there's petrol money saved in the short term from commuting.
There's 3 month mortgage holidays available.
If you're not self employed, the government is guaranteeing 80% of your wage. Lots going on to help - more than I thought would be available.
You're going to be spending nowt on socialising or eating out right now too.
Don't panick and get taken advantage of.
