Scottie99 wrote: » Just wait till the new VW EV comes out..:)
Jim Stynes wrote: » Was sent this today! Is this as **** as I think it is or is this basically what I am looking at? I worked you out on a Brand New A180CDI AMG Sport in white with heated seats, upgrade wheels and privacy glass... The A180 has the same size engine as the A200... It works out the best value... This is a deal for now, so get your name on it if its anywhere near to what you can go with. As promised, I've cut to the chase. Maybe squeeze a few quid out of me for a deal today! £5000 deposit from you plus your part exchange (Car valued at £3400) Payments at £249.49 x 48 months. Guaranteed Future Value: £10175 12000 miles per year. What else is included: FREE SERVICING for three years (which is 3 free services) GAP insurance for three years STARGUARD paint and fabric protection (guaranteed for 3 years) Some deal - super value - the only white AMG Sport we have.
Spark Plug wrote: » How does PCP work if the car you are trading in is worth more than the initial deposit say €23k vs €11k?
Deleted User wrote: » If the Trade in is 23 K then that will mean your monthly payments are a lot lower, if of course the car is paid off ?
johnik wrote: » Came across this today.… BMW 420D MSport Gran Coupe €52,759 BMW Financial Select Plan Optional Deposit or Trade In €15,827 Amount to finance €37,168 36 Monthly Payments €625 Guaranteed Minimum Future Value €22,684 APR 8.9% 45,000kms over 3 years. .06c per Km thereafter Includes 5 year service plan...max 100,000kms
Drummerboy08 wrote: » Putting a 10% deposit in seems to be the optimum amount for PCP. Any more and you'll have to add more money in 3 years time again.
[Deleted User] wrote: » That's a huge chunk of money to throw down as a deposit. Seriously, you'd want a good chunk of money in the bank so as to have spare cash when you need it. If I had 15 K cash this minute it would go off the mortgage. I always say that the minimum deposit you can get away with based on the monthly repayments you can afford are what you should do because it's important to have rainy day cash in the bank, and gaining interest even if it is small. For the deposit on the above car you could buy a 2008 535D 280 HP with 68K miles for 22K ! that's not far off the deposit for the 420 with 180 hp !!!http://www.carzone.ie/search/BMW/5-Series/535-D-M-/201431225955191/advert?channel=CARS I sure as hell know what I would do !!! I would love a 535D but don't think I would like paying a lot more for fuel over the Prius, but if I got permanent where I am now with a 42 mile commute it wouldn't be so bad as if I end back up in Dublin with an 84-100 mile commute ! How much is motor tax on a 535 D such as the one above ?
emmetkenny wrote: » I think the deposit would ideally be a trade in at that amount. For example you had a 11 Mazda 6 valued at 16000. You trade that against the 4 series and make your monthly payments. Hence no initial cash outlay.
[Deleted User] wrote: » That is one thing to do provided you have that value in it and paid off or almost.
emmetkenny wrote: » I only know because my dad was looking to trade in his Mazda 6 against a new 6. He loves the 4 series though after brining one for a test drive a few weeks's ago. I'll have to mention this PCP offer to him.
[Deleted User] wrote: » Ask him why he would have a 420 when he can have a 535D ? for not much more than the deposit 2nd hand ! 45K miles is only 15,000 Kms a year and a complete waste of a diesel if you ask me. On the other hand the VRT would make the petrol 4 series a mental price and the motor tax. It is really a hell of a lot of money to only drive a car 45000 kms. Seriously that's mental.
Doff wrote: » Might as well ask here instead of making a new thread. I was offered this PCP finance on a new Mazda3 GT. I'm not entirely sure what to make of it to be honest. It sounds good for now but 3 years down the line I'm not so sure. Payment of 450 p/m with a gfv of 10k after 3 years, with a choice of refinancing and buying it for roughly the same price per month but over 2 years. This is accepting my current car as a deposit. The thing that's really getting me is, the gfv depends on me doing 90k or less kilometers over the 3 years, but on average I'll be doing about 50k a year depending on whether I move closer to work or not, for now its not an issue travelling up and down to Dublin because I work shifts. But they are charging 10c per kilometer over the 90k and that would quickly add up. I suppose typing it out now it doesn't seem like such a good offer. But what would you guys opinion be on this? The finance for no PCP is 750 p/m over 3 years. Or if you had any advice on what kind of car + payment I should go for, I mainly want diesel, new enough for cheap tax and a lot of comfort + mod cons. Thanks.
mickdw wrote: » Doing that kind of mileage on a pcp doesn't make sense imo. You would be far better served buying a 3 year old low mile car through a more traditional finance method. you want cheap tax, diesel, comfort and gadgets. I will suggest something.
Doff wrote: » Perfect thanks, I will eagerly await your response
mickdw wrote: » how about a volvo S80. 1.6 to 2.4 diesel option all with reasonable tax from 08 onwards, lots is comfort, lots of gadgets and cheap for what you get. The 2.4 is nice. going by you're original car choice, you may want something abit more sporty looking.
Deleted User wrote: » I agree that 50 K a year is too much for PCP. You want the car to work for you, not you working for the car. If I were commuting to Dublin again I'd roughly be doing 20K miles a year which I think is the max you should go on pcp, my idea was if I got an EV then the fuel savings tax maintenance etc would go a long way towards paying off the pcp but at 50K a year it's expensive. I'd still have excess to pay of about 2K or they will lower the GFV now I'm not entirely sure what happens if you decide to buy outright at the end, because the gfv is what you've to pay which is your balloon, so would the GFV come down and mean you got less gfv to pay, or less balloon at the end ? this is what I think will happen. An S80 is a bit big and will be hard enough on juice for the 2.4 imo the 1.6 will be too underpowered for a car that size. If I were to get a diesel I think I would opt for the mazda 6 2.2 160 hp decent power and not mental expensive with starship mileage. The Mondeo is good value but hard to find one with decent power for a big lump of a car. The Kia Ceed is actually not a bad car to drive 1.6 115 hp and the diesel is actually pretty damn smooth and really impressed me, it's chain cam and afaik no dmf. So should be very reliable, 50 K a year is a lot if you do shift ? usually you work 3 days off 3 5 days off week ?
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