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Old Jul 2nd, 2009, 08:35 PM
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Dealership finance and APR

I am looking to buy a Cooper S convertable 26K 06 plate for £14900 (see other threads for whether this is over odds!).

Should I use dealer finance and what sort of APR should I expect. i want to own the car outright.

Are there companies on the net that offer finance?

Thanks

Claire
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Old Jul 2nd, 2009, 08:38 PM
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From a dealer something stupid like 12%. Negotiate, but you'd be better off asking the bank for a loan. Would be a LOT cheaper


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Old Jul 2nd, 2009, 10:40 PM
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banks your looking at around 9% apr push the dealer they should match that, i got mine to 9.9%

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Old Jul 3rd, 2009, 07:17 AM
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nowadays the dealer should be able to match/beat the banks for finance.

check out Alliance and Leicester, etc then ask the dealer to match/beat.

obviously there are companies on the net, but you need to be careful as there are a lot of cowboys out there !!
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