Looking for advice on getting a new car and the finance options available if paying through a company ( lease hire etc)
Currently not registered for VAT but that will prob change soon, how does affect the different finance options?
Anyone able to summarise the different options available (leasing, contract hire, contract purchase, sale and leaseback) with the pros and cons?
As per advice given to Rois, why not ask a car dealership,leasing company?
Was in one at the weekend and he didnt fill me with confidence, was looking for more info to arm myself for the next time i went in!
I have a massive trust issues with salesmen of all types so find it hard to take at face value what they say.
Well, I'd trust them ahead of the "experts" on here ;D. Good luck anyway
Will give them another go so :)
Wife's car has packed in and I'm considering this route as a possible way of getting a car....
Easy less that 10000 miles per year, so fits in well with most leasing company's I asume...
Anyone any dealings with these types? And pros and cons?? If not its a new car as I cant be bothered with all the crap you get when they start giving you hassle
Leasing doesn't really work out any cheaper than buying a car that is a few years older and obviously it's not your car.
Not to mention the mileage limits, personally I don't think leasing is a great option for most.
These PCP (Personal Contract Purchase) deals seem to be getting very common these days. Normally works with a decent deposit, maybe a grand or two, then 3 or 4 years of monthly payments, followed by either a lump sum at the end when you buy the car outright for the remaining balance, or else give it back.
The way they try to sell them to you is to get you into a constant cycle, get you signed up for the first car, then 2-3 years into the deal they will be advising you to enter a new cycle for a new car, using your current car as the deposit / trade in etc.
Some people swear by it - fixed monthly payments, knowing in theory you should be driving a fresh car every few years and should have no issues.
I'm not convinced, as you never actually own the car unless you see out a complete cycle. By that time, the total amount you have paid, is probably a fair wack more than if you had sourced your own finance from the start and bought the car outright.
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
Quote from: JohnDenver on February 11, 2016, 10:45:21 AM
These PCP (Personal Contract Purchase) deals seem to be getting very common these days. Normally works with a decent deposit, maybe a grand or two, then 3 or 4 years of monthly payments, followed by either a lump sum at the end when you buy the car outright for the remaining balance, or else give it back.
The way they try to sell them to you is to get you into a constant cycle, get you signed up for the first car, then 2-3 years into the deal they will be advising you to enter a new cycle for a new car, using your current car as the deposit / trade in etc.
Some people swear by it - fixed monthly payments, knowing in theory you should be driving a fresh car every few years and should have no issues.
I'm not convinced, as you never actually own the car unless you see out a complete cycle. By that time, the total amount you have paid, is probably a fair wack more than if you had sourced your own finance from the start and bought the car outright.
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
I've been looking at these PCP options myself a lot lately as I've been considering buying a new car.
I'd usually go down the credit union or business loan route but these PCP deals certainly seem tempting especially if you like to change every few years.
I've never had a brand new car but do change regularly enough.
My understanding though is you are better off go with a small deposit and higher monthly repayments rather than a large deposit and lower repayments as you would need to come up with the same big deposit in 3 years to keep the lower repayments.
I'm going between thinking they are a great way of getting into a new car and being very wary of them.
Don't t know what I'll do yet.
Quote from: laoislad on February 11, 2016, 11:10:28 AM
Quote from: JohnDenver on February 11, 2016, 10:45:21 AM
These PCP (Personal Contract Purchase) deals seem to be getting very common these days. Normally works with a decent deposit, maybe a grand or two, then 3 or 4 years of monthly payments, followed by either a lump sum at the end when you buy the car outright for the remaining balance, or else give it back.
The way they try to sell them to you is to get you into a constant cycle, get you signed up for the first car, then 2-3 years into the deal they will be advising you to enter a new cycle for a new car, using your current car as the deposit / trade in etc.
Some people swear by it - fixed monthly payments, knowing in theory you should be driving a fresh car every few years and should have no issues.
I'm not convinced, as you never actually own the car unless you see out a complete cycle. By that time, the total amount you have paid, is probably a fair wack more than if you had sourced your own finance from the start and bought the car outright.
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
I've been looking at these PCP options myself a lot lately as I've been considering buying a new car.
I'd usually go down the credit union or business loan route but these PCP deals certainly seem tempting especially if you like to change every few years.
I've never had a brand new car but do change regularly enough.
My understanding though is you are better off go with a small deposit and higher monthly repayments rather than a large deposit and lower repayments as you would need to come up with the same big deposit in 3 years to keep the lower repayments.
I'm going between thinking they are a great way of getting into a new car and being very wary of them.
Don't t know what I'll do yet.
I don't know if that is the case - over three years, they low deposit + high monthly probably equates to roughly the same as high deposit and lower monthly payments. At that point they are basically taking the trade in value of the car (dependant on condition and mileage etc) less the initially agreed lump sum final payment, as your deposit for the next motor in the cycle.
My argument is that, there is nothing stopping you entering this cycle yourself, with a bit of discipline. So you get cheaper personal finance, buy the car outright (even using the method I mentioned above about cancelling the PCP to get extras) tell yourself you will be getting a newer car in two / three years time and stick to that model. Either by trading in or privately selling your current car.
The car salesmen are obviously on good commission for these deals, and keeping you in a constant cycle is guaranteed money for them.
That's my thoughts on it, but I do know there are lots of people who can't see fault with it and are more than happy with the deals
Quote from: JohnDenver on February 11, 2016, 11:26:19 AM
Quote from: laoislad on February 11, 2016, 11:10:28 AM
Quote from: JohnDenver on February 11, 2016, 10:45:21 AM
These PCP (Personal Contract Purchase) deals seem to be getting very common these days. Normally works with a decent deposit, maybe a grand or two, then 3 or 4 years of monthly payments, followed by either a lump sum at the end when you buy the car outright for the remaining balance, or else give it back.
The way they try to sell them to you is to get you into a constant cycle, get you signed up for the first car, then 2-3 years into the deal they will be advising you to enter a new cycle for a new car, using your current car as the deposit / trade in etc.
Some people swear by it - fixed monthly payments, knowing in theory you should be driving a fresh car every few years and should have no issues.
I'm not convinced, as you never actually own the car unless you see out a complete cycle. By that time, the total amount you have paid, is probably a fair wack more than if you had sourced your own finance from the start and bought the car outright.
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
I've been looking at these PCP options myself a lot lately as I've been considering buying a new car.
I'd usually go down the credit union or business loan route but these PCP deals certainly seem tempting especially if you like to change every few years.
I've never had a brand new car but do change regularly enough.
My understanding though is you are better off go with a small deposit and higher monthly repayments rather than a large deposit and lower repayments as you would need to come up with the same big deposit in 3 years to keep the lower repayments.
I'm going between thinking they are a great way of getting into a new car and being very wary of them.
Don't t know what I'll do yet.
I don't know if that is the case - over three years, they low deposit + high monthly probably equates to roughly the same as high deposit and lower monthly payments. At that point they are basically taking the trade in value of the car (dependant on condition and mileage etc) less the initially agreed lump sum final payment, as your deposit for the next motor in the cycle.
My argument is that, there is nothing stopping you entering this cycle yourself, with a bit of discipline. So you get cheaper personal finance, buy the car outright (even using the method I mentioned above about cancelling the PCP to get extras) tell yourself you will be getting a newer car in two / three years time and stick to that model. Either by trading in or privately selling your current car.
The car salesmen are obviously on good commission for these deals, and keeping you in a constant cycle is guaranteed money for them.
That's my thoughts on it, but I do know there are lots of people who can't see fault with it and are more than happy with the deals
While I agree with most of that; in a lots of cases the manufacturers finance works out much cheaper than other options available. Plus some of the deposit contributions come directly from taking the manufacturer finance on top of any dealer discount. So ultimately any difference in the cost of borrowing would be negated or in fact you would be worse off.
One thing; you get fcuk all discount buying with cash now. If you want to get huge discount (20%+), you need to go down the finance route. As pointed out though, you can settle the finance straight away once you drive off the forecourt. Be aware your dealer may lose the commission if you settle within a certain period of time (1 month I think with BMW); so sometimes it's best to look at the bigger picture and take a tiny hit for a month or 2 just in case you want to deal with them again.
What about servicing on these PCP models. I think I've seen some where basically the services are free. That would be tempting.
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
Quote from: nrico2006 on February 11, 2016, 01:25:29 PM
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
That seems very cheap.
Are you sure no deposit? The nearest you would get to that here is €334/mth but you have to give over a €8000 deposit to get that repayment.
The lowest deposit allowed is 10% which means you would have to pay around €500/mth with about a €2800 deposit.
Thats on LX model which I think is the lowest spec.
Personally I think the new Sportage is ugly. The old one was much nicer.
Quote from: nrico2006 on February 11, 2016, 01:25:29 PM
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
Just got a level 2 Kia Sportage on contract hire from Howard Abraham in Lurgan- £250/month with service included. 1 month deposit.
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
Quote from: JohnDenver on February 11, 2016, 10:45:21 AM
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
This interests me. Took a car out for a test drive today, I want to pay cash but perhaps I should see what the pcp option might offer me, then pay it off immediately. Though I'm hoping for a discount from Tyrone's top car and kit van supplier Donnelly Group so that might outweigh any pcp benefits.
Quote from: laceer on February 11, 2016, 03:23:40 PM
Quote from: nrico2006 on February 11, 2016, 01:25:29 PM
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
Just got a level 2 Kia Sportage on contract hire from Howard Abraham in Lurgan- £250/month with service included. 1 month deposit.
What is the annual mileage allowance on that deal?
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
Quote from: GJL on February 12, 2016, 08:54:50 AM
Quote from: laceer on February 11, 2016, 03:23:40 PM
Quote from: nrico2006 on February 11, 2016, 01:25:29 PM
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
Just got a level 2 Kia Sportage on contract hire from Howard Abraham in Lurgan- £250/month with service included. 1 month deposit.
What is the annual mileage allowance on that deal?
10k
Quote from: laceer on February 12, 2016, 09:25:26 AM
Quote from: GJL on February 12, 2016, 08:54:50 AM
Quote from: laceer on February 11, 2016, 03:23:40 PM
Quote from: nrico2006 on February 11, 2016, 01:25:29 PM
I will more than likely go down the PCP route when I need a new car. As mentioned, a fixed payment every month and no bother, then every 3/4 years change car. There are loads of deals out there that are very good. SERE offer a lot of zero deposit (or 1 or 2 hundred) and low payments. Howard Abraham in Lurgan also offer a lot of good deals on KIA and Skoda cars. The like of the Kia Sportage jeep can be got for as little as £160 a month with no deposit. Both SERE and Howard Abraham have their deals on their websites.
The services are free on a lot of them but if not you can usually negotiate to get them added in for nothing - they ultimately want to look after the car for when you hand it back.
Just got a level 2 Kia Sportage on contract hire from Howard Abraham in Lurgan- £250/month with service included. 1 month deposit.
What is the annual mileage allowance on that deal?
10k
It must be the level 1 sportage that is around £160 or £170 a month.
Quote from: Rois on February 11, 2016, 11:56:13 PM
Quote from: JohnDenver on February 11, 2016, 10:45:21 AM
You do find that there can be discounts and extras included in these type deals. If you have access to finance at a better rate than the car company, there is nothing to stop you entering into a PCP type deal, take their extras and special discount - then buy yourself out of the contract within the first few weeks cooling off period. You will only get charged whatever interest per days you have had the car, plus you have the benefit of any discount or extras 8)
This interests me. Took a car out for a test drive today, I want to pay cash but perhaps I should see what the pcp option might offer me, then pay it off immediately. Though I'm hoping for a discount from Tyrone's top car and kit van supplier Donnelly Group so that might outweigh any pcp benefits.
Would do no harm to weight up both options. Sometimes there is a deposit contribution, or a service pack included. As thebigfella said, very little incentives for cash buying these days it seems.
You would be settling directly with the finance company (check the T&C's on the deal before to be sure), so I'm not sure exactly when the dealership would find out you have paid it off in full. Possibly when their commission doesn't arrive with as much as they thought! If you had the cash, and they weren't going to beat the PCP way, it seems like a no-brainer.
Quote from: JohnDenver on February 12, 2016, 09:51:49 AM
Would do no harm to weight up both options. Sometimes there is a deposit contribution, or a service pack included. As thebigfella said, very little incentives for cash buying these days it seems.
You would be settling directly with the finance company (check the T&C's on the deal before to be sure), so I'm not sure exactly when the dealership would find out you have paid it off in full. Possibly when their commission doesn't arrive with as much as they thought! If you had the cash, and they weren't going to beat the PCP way, it seems like a no-brainer.
Yeah was wondering about the point where commission is paid over. I don't want to annoy the dealership as I am expecting a good deal and have a good relationship. I will check it out anyway and see. Thanks for tip - and yes I will check out the T&Cs of the finance agreement to make sure there's no huge penalty!
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
How long a term is that over? Do you just hand the car back or do you ever own the car? They are mostly all minimum 10% deposit down here(in Ireland ;))
Repayments are also much higher unless you give a bigger than 10% deposit
Quote from: laoislad on February 12, 2016, 10:35:37 AM
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
How long a term is that over? Do you just hand the car back or do you ever own the car? They are mostly all minimum 10% deposit down here(in Ireland ;))
Repayments are also much higher unless you give a bigger than 10% deposit
I think 4 year plan. I think for the vast majority of people they will change the car at the end rather than pay the big lump sum to buy it outright. In effect most PCP schemes are car rental rather than car ownership. I don't know if that means you are roped into their service contract, repair at their garage rather than am independent garage etc.
Quote from: Tony Baloney on February 12, 2016, 10:54:21 AM
Quote from: laoislad on February 12, 2016, 10:35:37 AM
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
How long a term is that over? Do you just hand the car back or do you ever own the car? They are mostly all minimum 10% deposit down here(in Ireland ;))
Repayments are also much higher unless you give a bigger than 10% deposit
I think 4 year plan. I think for the vast majority of people they will change the car at the end rather than pay the big lump sum to buy it outright. In effect most PCP schemes are car rental rather than car ownership. I don't know if that means you are roped into their service contract, repair at their garage rather than am independent garage etc.
Not too many cars give you much hassle if they are new or nearly new.... its the service they rip you off on I'd imagine
Quote from: Tony Baloney on February 12, 2016, 10:54:21 AM
Quote from: laoislad on February 12, 2016, 10:35:37 AM
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
How long a term is that over? Do you just hand the car back or do you ever own the car? They are mostly all minimum 10% deposit down here(in Ireland ;))
Repayments are also much higher unless you give a bigger than 10% deposit
I think 4 year plan. I think for the vast majority of people they will change the car at the end rather than pay the big lump sum to buy it outright. In effect most PCP schemes are car rental rather than car ownership. I don't know if that means you are roped into their service contract, repair at their garage rather than am independent garage etc.
I just read that link again and I see you can only do 8k miles/year which is only around 13000km.
Thats very low for most people I would have thought.
I've done 10k km since I last got car serviced in September.
When I bought my motor under PCP I was asked to nominate a yearly mileage. Mine was 18 000 and the deal was based on that !
Quote from: Rois on February 12, 2016, 10:15:53 AM
Quote from: JohnDenver on February 12, 2016, 09:51:49 AM
Would do no harm to weight up both options. Sometimes there is a deposit contribution, or a service pack included. As thebigfella said, very little incentives for cash buying these days it seems.
You would be settling directly with the finance company (check the T&C's on the deal before to be sure), so I'm not sure exactly when the dealership would find out you have paid it off in full. Possibly when their commission doesn't arrive with as much as they thought! If you had the cash, and they weren't going to beat the PCP way, it seems like a no-brainer.
Yeah was wondering about the point where commission is paid over. I don't want to annoy the dealership as I am expecting a good deal and have a good relationship. I will check it out anyway and see. Thanks for tip - and yes I will check out the T&Cs of the finance agreement to make sure there's no huge penalty!
I find that quite important if you want to go back and trade in at a later date. They are not a keen to deal if they lost out the commission. I let mine collect and then paid out on my first car I bought from them; when I went back to change they were a bit easier to deal with.
Went to two dealerships today, different cars, one a Polo the other a Alfa Romeo Mito.... Similar monthly payments but interestingly it was down to the salesman that got the deal....
Alfa Romeo junior mito bought, and she's picking it up on Wed whereas 8/14 weeks on the Polo waiting!! We expressed an urgency to get the car, one came up trumps on that, didn't want hidden extra costs when we looked at car initially, one did that.... So easier to deal with someone who's affable honest (ish) and less corporate
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
Did you ever do anything about this?
I took a Superb estate for a test spin today. Fantastic car.
I'm looking to change in the next few months and it is definitely one I will consider.
Tried out a Peugeot 508 estate as well and was surprised with how good it was.
Quote from: laoislad on May 07, 2016, 10:19:03 PM
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
Did you ever do anything about this?
I took a Superb estate for a test spin today. Fantastic car.
I'm looking to change in the next few months and it is definitely one I will consider.
Tried out a Peugeot 508 estate as well and was surprised with how good it was.
Getting a new yoke before end of month. Will look into the Superb again as definitely fancy an estate car.
Quote from: Tony Baloney on May 07, 2016, 11:19:38 PM
Quote from: laoislad on May 07, 2016, 10:19:03 PM
Quote from: Tony Baloney on February 12, 2016, 09:21:09 AM
Quote from: laoislad on February 12, 2016, 09:13:58 AM
Quote from: Tony Baloney on February 11, 2016, 11:22:00 PM
Howard Abraham has good deals. Fella I know got a really nice 2.0 TDi Skoda Superb for 250 a month on contract lease. Would be interested myself in the estate version.
New Superb is lovely. I'd like the estate myself.
Is that monthly repayments with a 0% deposit?
250 quid deposit. Aye it's a fine looking car and we'll specced.
Fella lives locally to work so 8k mileage no bother to him but could be restrictive for a lot of people. They will quote for additional mileage though.
http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month (http://www.howardabraham.com/new-skoda/offer/176/skoda/new-superb/superb-20-tdi-150ps-se-lux-edition-249-per-month)
Did you ever do anything about this?
I took a Superb estate for a test spin today. Fantastic car.
I'm looking to change in the next few months and it is definitely one I will consider.
Tried out a Peugeot 508 estate as well and was surprised with how good it was.
Getting a new yoke before end of month. Will look into the Superb again as definitely fancy an estate car.
I'd find it hard to drive anything else now to be honest.
The Passat estate is pretty nice also.