Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Car Finance Availability

  • 31-01-2009 5:23pm
    #1
    BanjoSpanner
    Registered Users, Registered Users 2 Posts: 94 ✭✭


    I am starting to think I'd be silly if I didn't buy my first ever new car at the moment ... surely I should be able to drive a good deal given the current economic climate and how a couple of the big dealers when out of business last week ?

    Does anyone have any idea what it's like at the moment if you try to get a motor loan out of the banks ? Is it totally shut down, just tightened up a bit or no change ?

    And what do you think of this 0% finance offer from Belgard Mazda - 10k now, 10k in 12 months and a final 10k 12 months after that again ?

    http://www.dealer.mazda.ie/belgard/dealer_offers.php?id=24308&details=offerdetails


Comments

  • #2
    mickdw
    Registered Users, Registered Users 2 Posts: 23,688 ✭✭✭✭mickdw


    I wouldnt go for the mazda finance deal unless you were sure you could come up with the money when required cause if you cannot, interest will be added from the start of the loan.
    There was a thread here this morning about 50/50 finance deals so have a look but generally any discount that would be available on the car will not be offered when going for these deals so there is a cost there. so best to get a straight purchase price, check out your bank for normal car loan, see which works out best.


  • #3
    Anan1
    Registered Users, Registered Users 2 Posts: 22,815 ✭✭✭✭Anan1


    BanjoSpanner wrote: »
    I am starting to think I'd be silly if I didn't buy my first ever new car at the moment ... surely I should be able to drive a good deal given the current economic climate and how a couple of the big dealers when out of business last week ?
    It depends what you mean by 'a good deal'. Prices are in freefall at the moment, whatever you buy will look very expensive a year down the road. My advice would be to forget finance and buy a cheap, reliable car for cash.


Advertisement