Car appreciation... the aesthetics, the engineering, etc

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Dammit
I don't understand PCP - specifically I don't know where I'd be at the end of the hire period with regards to money/equity. If I had the car back, does any cash come my why? If not, how can I use the car that isn't mine as a deposit on a new vehicle?

Here's an interesting comparison which is relevant to my interests:
1. Tesla Model S for £65,923, which I could obtain via "Tesla arranged financing", but it would appear that I'd need to apply for it to get the details, so I won't do that. Pass.
2. Volvo V90 R Design T8 Twin Engine, £58,734, but the Volvo websites finance calculator is borked so no idea what that would cost, and as I don't understand PCP I don't know what, if anything, I'd have left at the end of three years
3. The AMG estate that Hefty found, for £19,995, which would be £583.84/month for three years and I'd own the car from day one.

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Soul in reply to @Dammit

PCP agreements will give a 'guaranteed future value' at the start of the term (in the contract) which is the minimum value the dealer will 'buy back' the car from you.

That number is usually 80-90% of the actual used value after three years (so the dealer isn't in negative equity).

Example sums:

Car value: £50,000
Deposit: £5,000
GFV: £25,000
36 payments of: £555.55
Acutal value after three years: £29,000
Money left for new deposit: £4,000

Of course, if the actual value at the end of the term is £24,000 as the arse fell out of the market, then the dealer would just buy it back at £25,000 and you'd walk away.

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