Has anyone had any success negotiating lower APR on Mercedes finance deals?
Spent the weekend with my mother in law as she wants a new car. She's gone for a GLA nd it's re-ignited my love of the GLC. They're a little more than i'd have liked to spend as i'd want the new model with MBUX so can't go with something around 3yrs old as i'd like.
If i could find a PCP deal at a decent APR it'd make things more tempting. But it's either finance with PCP at 10.9% where at least i'm left with a balloon payment at the end so i'm only actually financing around £16k, or take a loan out for the full amount at 3% which makes a lot more sense but leaves me with a fairly hefty monthly.
This is what ends up putting me off, the thought of spending £450 a month on a loan repayment for 5 years and all the things i could do with that money otherwise. If i could get a PCP around the £300 a month mark at a more reasonable APR it'd make it more tempting.