Somewhere within the way the PCP is arranged or whether it’s in the purchase price of the car the cost of that money will be there …Not really… I am not paying any interest on my pcp as it is 0%apr. Essentially it is a partial loan on the car that I’m 3 years I can choose to finance the outstanding amount - balloon payment - or sell car that would pay outstanding balance off. Essentially saving 3 years worth of interest that is better in my pocket than with a finance company. Just because you may choose to finance a car through a loan may mean you ‘own’ the car but you still owe the finance - and how would you settle that without selling the car or other asset? It is still your name on the V5 in either case.
There is no such thing as free money but there are clever salesmen who convince people they are getting something for nothing.
Lots of people like the low payments and move from one deal to the next constantly in effect renting cars and never owning them.