Finance - Best Option

(14-01-2012 10:25am)griff Wrote:  Thank you Mr Rockafeller - at least I think it was his original quote

It's a well known saying but I have read it elsewhere on this forum also

'If it Flies, Floats or F@*!s........ Rent it,' as my Divorced 3 times old boss once told me

Try capital car finance they seem to be the best for me

speak to mark he seems very good,answers your questions and gives you a proper quote,
unlike some others i tried

Wow!! Interest rates seem high in the UK. I'm kind of shocked... we financed through a local bank for 2.39% for 72 months. We always aim for the lowest payment but usually pay twice the amount due- incase hard times ever come about. Does range rover not offer competitive rates for their own cars? I know here in the US they are still not competitive as our local or national banks...

Thanks, I will give them a go now and let you know how I get on. Did you not try prestige or brokers4cars?[/align]

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(14-01-2012 03:48pm)Chunkstar Wrote:  Try capital car finance they seem to be the best for me

speak to mark he seems very good,answers your questions and gives you a proper quote,
unlike some others i tried

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I know cash is king however I do not have 40k sitting in the bank. I can put down upto 10k deposit however i don't think there is any company that is offering anything lower than 8.1%. I have tried oracle/prestige and many other companies but no luck. May have to bite the bullet and go for the 8.1% i've been offered I think.

If you go this route, just make sure you can refinance at a later date, when rates go in your favour, so check early repayment charges etc as well.

I looked on line at loan rates and found Yorkshire and Clydesdale banks both offering loans at 6.4 percent APR.

Just tried capital finance who have quoted me the best so far at 7.4% however they do charge a brokerage fee of £399+vat. I would take out a loan but the maximum amount you can loan is 25k...meaning I need to put up 14k as a deposit hence why I am looking at a PCP.

Got mine on order now but a family friend has been quoted for a £35k Pure SD4 5 door on a PCP 3+60 £575 p/m with GFV £10k or 3+48 £575 p/m with GFV £13k. Both seem expensive.

38ish borrowed and 672 per month over 47 mths with 14660 balloon I can pay lump sums whenever think it sounds ok better than oracle,prestige,land rover so that's why I used capital all seem to charge fees somewhere in the equation