Used car APR

[webwysard]

As title, I'm looking at used F10 M5's around £35k mark on a 63/14 plate as they're fast becoming a bit of a bargain.

As I will PCP the car for 4 years and willing to put down a decent deposit around 20% plus my 2series GT which is on PCP and about 9 months old so might be slightly in negative equity or probably break even as I got a good discount when I bought it new plus put a decent deposit as well.

Now my question is, would I be able to get the dealership to negotiate on APR, as currently it is around 10.9% which is scandalous.
The main reason I would want to finance the car through the main dealership is that way they would offer a decent p/x for my 2GT.

Are there any brokers who can arrange a cheaper PCP and what sort of APR is realistic ?

Any pointers ?

[markstev0]

I negotiated with cooper BMW down to 5.9% which isn't as good as a personal loan but is way better than 10.9. I have also tried in the past with a different franchise bmw dealer and they wouldn't budge of the 10.9 so I walked away

[SteBrown91]

When I was looking at an F31 touring the dealer dropped the APR down to 7.9 without much persuasion so it is possible