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New Astra 50/50 deal

2-ShortDa5foot5 · 2008-04-29 09:30:14

There's probably a thread on this already, but here goes! I have a '99 Astra but I'm (Like a lot of people, I see) really liking the new shape Astras. I see Opel are doing a 50/50, pay half now, half later deal. Anybody availed of this? Good deal? Bad deal? Suggestions, comments?! :)

29-04-2008 9:30am

#1

2-ShortDa5foot5

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Posts: 184

There's probably a thread on this already, but here goes!

I have a '99 Astra but I'm (Like a lot of people, I see) really liking the new shape Astras.

I see Opel are doing a 50/50, pay half now, half later deal.

Anybody availed of this?

Good deal? Bad deal?

Suggestions, comments?!

0

Comments

#2 29-04-2008 9:33am

Cyrus

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all depends

if you have to pay full RRP its probably not a great deal

0
#3 29-04-2008 10:18am

-Chris-

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Posts: 11171

+1

"There's no such thing as a free lunch", as my dad loves to say. If you're getting 0% finance, you're probably paying for it through less (or zero) discount.

0
#4 29-04-2008 1:21pm

unkel

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Chauffe, Marcel, chauffe!

Join Date: November 2001

Posts: 64857

What the lads said. A simple sum:

Let's say the car has a list price of €24k. You pay half now and you basically get an interest free loan of €12k for a year. At an interest rate of say 7%, you save yourself €840

However it's possible that a cash discount off a €24k Astra would be in the region of €1.5k-2k. If that's the case, the 50/50 is a lousy deal....

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0