For those who have bought a new 911 on finance...
Discussion
Anyone have opinions on the best deals OPCs can manage on a new 911(997S) in terms of finance rates and APR? Lets say a total price of £70k (usual options in other words) and one were to put down 20K and finance over two or three years with say a deferred 35K balloon payment. I'm guessing monthly payments of c.£900 and c.£700 respectively? Anyone care to comment? If there's anyone that's done this recently and would like to comment on how competitive the OPC were, I'd be interested to know...
I guess I'd really be interested in seeing a real-world set of figures from someone who's been through the process and doesn't mind sharing them... In other words, {total price, deposit, monthly payment and ballon payment}. Anyone got any examples...? Perhaps from previous owners' paperwork? I asked at a OPC recently and they seemed reluctant to give figures unless you were definitely going to buy one. Fair enough - no one wants to waste anyone's time; but real examples would be very enlightening if anyone cares to post on the matter...? I'm aware buying outright is the cheapest option but it's not an option...;-)
I guess I'd really be interested in seeing a real-world set of figures from someone who's been through the process and doesn't mind sharing them... In other words, {total price, deposit, monthly payment and ballon payment}. Anyone got any examples...? Perhaps from previous owners' paperwork? I asked at a OPC recently and they seemed reluctant to give figures unless you were definitely going to buy one. Fair enough - no one wants to waste anyone's time; but real examples would be very enlightening if anyone cares to post on the matter...? I'm aware buying outright is the cheapest option but it's not an option...;-)
Well for those that might be interested here's an actual recent OPC quote. 70K car, 25K down, 40% balloon (28K) gives £735 a month. Using the most-useful site:-
www.grosvenor-butterworth.co.uk/car_loan_calculator.html
I can see that this is 9%APR. This was against a several months old 997. Note especially that this realises a near ~10K interest charge for the period for a total of £80K. Value after three years? £45-55K maybe?
Additionally, a fellow PistonHeader sent me their specific figures for a brand new OPC 996 purchase. Using the same site - enter the details and keep altering the APR to home in the known monthly figure gives exactly 9%APR again. I won't post their specific figures as it's their business...
The figures given on Page 1 - Barissimo? - return 8.5%APR for his purchase.
FWIW, I wasn't asking the OPC to beat alternatives; I just wanted actual real-world figures to consider. They may well go lower, who knows?
So there you go. Cars cost a lot, they depreciate - you may or may not have to pay a chunk of interest to get one; we all know this. We still do it of course and why not if it's what you want!
Anyway, I'm making no comment or observation here - just thought I'd share the data...
>> Edited by SunDiver on Wednesday 9th February 00:53
www.grosvenor-butterworth.co.uk/car_loan_calculator.html
I can see that this is 9%APR. This was against a several months old 997. Note especially that this realises a near ~10K interest charge for the period for a total of £80K. Value after three years? £45-55K maybe?
Additionally, a fellow PistonHeader sent me their specific figures for a brand new OPC 996 purchase. Using the same site - enter the details and keep altering the APR to home in the known monthly figure gives exactly 9%APR again. I won't post their specific figures as it's their business...
The figures given on Page 1 - Barissimo? - return 8.5%APR for his purchase.
FWIW, I wasn't asking the OPC to beat alternatives; I just wanted actual real-world figures to consider. They may well go lower, who knows?
So there you go. Cars cost a lot, they depreciate - you may or may not have to pay a chunk of interest to get one; we all know this. We still do it of course and why not if it's what you want!
Anyway, I'm making no comment or observation here - just thought I'd share the data...
>> Edited by SunDiver on Wednesday 9th February 00:53
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