Episode
Irish Drivers Roll Over PCPs for New Cars
- Published
- May 31, 2026
- Duration seconds
- 107
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Summary
Irish drivers are loading up on debt to chase new cars, with PCP loans surging 20% to €2.17 billion and hire-purchase loans up 8% to €3.2 billion—thanks to low APRs and access to pricier hybrids and EVs. But beware: these deals often come with hefty balloon payments and strict mileage limits, risking costly surprises if your car’s value dips. While the government pushes for greener fleets, the hidden cost of frequent rollovers and manufacturing emissions means these shiny new rides might not be as sweet as they seem. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e5778b725f9a43c4