"That means assumptions about the “residual value” (to use the American term) of the cars at the end of the contract, which are based largely on data from befor

"That means assumptions about the “residual value” (to use the American term) of the cars at the end of the contract, which are based largely on data from before PCPs became so popular, may not be so accurate." When you put it like that, it reminds me of the endowment mortgage situation in the UK which led to people having serious issues at the end of their mortgage term [1]. Obviously not at the same scale, but it'll still alter the market considerably. [1]: http://www.bbc.co.uk/news/business-20858236 http://www.bbc.co.uk/news/business-20858236