Discussion
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 ?
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 ?
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