Soldato
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- 30 Sep 2005
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- 16,843
I cant be bothered to log into them all but Halifax is showing a Clarity loan at 3.9% for example
Thanks mate, will have a look
leasing a car
- Thread starter Diagro
- Start date
Thanks mate, will have a look
Ignore the troll
The spoiled kid has never owned a car in his life, so has no idea what he's talking about
Buys a used diesel Leon on finance.
Got to love motors.
What about leasing one for £165/month? http://www.gateway2lease.com/z_seat_leon_2.0tdi150psfr5dr-instock_16050_leasing.php (plus £1170 up front and any excess usage charges at the end).
3.6% from Nationwide.
Plus the £1500 initial payment, which is around £65 per month over 24. Metallic paint adds another £25 per month, DSG is another £50pm and you'll also probably do more than £5k per year.Some cracking deals on that sitecan't believe a 300bhp Golf R can be had for £263 p/m
It's still pretty good value compared to other 300bhp+ cars though.
Associate
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- 9 Apr 2004
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- Nottingham - UK
Don't forget most car dealers above a grand or two will start charging you a % cost as they will get stung for a charge. I have only once been able to put the partial cost of a car onto my credit card for cash back and that was for only a couple of grand against my Smart at a main dealer.
Soldato
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only works if you have a 0% with a 12k limit right?
what happens if you don't pay it all off after the 0% peroid? guess you could get a loan at that point and just transfer the balance across
what happens if you don't pay it all off after the 0% peroid? guess you could get a loan at that point and just transfer the balance across
Is the OP not talking about a £6k car though? Only works if you have the remaining balance to cover as much of the car value as you want.
At the end of the term, you just transfer it to another 0% card surely? You can get the BT fees as low as 1% (some even less) but then have shorter 0% periods. 3% is the norm though for 30+ month rates.
The OP is looking at a £6k car, say at £150 a month, in 24 months he will only have £2400 left. BT it at 3%, then he is at £2472 and will be paid off in 17 months by continuing at £150 pm having only paid £72 for "offsetting" the cost (i.e. interest).
At the end of the term, you just transfer it to another 0% card surely? You can get the BT fees as low as 1% (some even less) but then have shorter 0% periods. 3% is the norm though for 30+ month rates.
The OP is looking at a £6k car, say at £150 a month, in 24 months he will only have £2400 left. BT it at 3%, then he is at £2472 and will be paid off in 17 months by continuing at £150 pm having only paid £72 for "offsetting" the cost (i.e. interest).
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Minus tax.
Minus national insurance.
You may find your allowance is rather less than you think and that your budget doenst buy you much lease once youve allowed for the mileage you need.
Power and practicality = Golf R Estate DSG for £270 per month plus £1.6k initial payment (5k miles year)
Soldato
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keep an eye on the special deals
lots of £32,000 cars pop up at £250inc vat a month
always worth ringing the dealers, lease companies to ask
Suspended
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- Buckingamshire
When the financial costs for lease deals are described as 6+35, I presume that you have to pay 6 monthly rental amounts in advance followed by 35 months at whatever the monthly rate is? Is that advance a deposit? If so, is it returned at the end or is it just another aspect of the leasing cost?
Another aspect. The first month costs 6 months of rental. You will also have an admin fee of about £100-300. It isn't returned at the end.