Cheapest way to Finance an Aston

[Cpb1702]

Decided I have got to have a used Vantage V8 around £50k what is the cheapest way to finance? Was thinking 2 years, 10k a year. Pcp, Lease, pch? £5k deposit max. Don't want to pay more than £700 ish a month, is that possible? Surely depreciating is low on a 10 plate? Would really welcome your guidance to make a dream come true!

[bogie]

with £5k deposit you are going to need a PCP or borrow against your mortgage ....low rate personal loans usually top out at £25-30K

[1973ja]

Talk to some dealers but I think you will struggle on a £50k car. For £5k you'll be paying £950 plus each month with a balloon after 3 years. Get some quotes and shop around, a lot will depend on your status but I don't think all your numbers will add up I'm afraid. Not too far away though if you choose an older car.

Good luck, it's worth it

[bogie]

yeah, for £700 a month you may be looking at a £35K Vantage ..which isnt a bad thing, it will lose less

[SlartiF430]

Buy cheaper. Your deposit is very low. You're also at high risk of negative equity when balloon time comes if you get a deal that appears affordable. Better still buy something cash outright.

[ripley500]

bogie said:

yeah, for £700 a month you may be looking at a £35K Vantage ..which isnt a bad thing, it will lose less

Great thing about the Vantage is that a 2006 model really isn't that differnet to a 2010 model on looks. Yes the 4.7 has more go but an Aston is about more than performance so you'll get just as much enjoyment from an earlier, low cost model and as bogie says you'll lose very little in depreciation.

[michael gould]

just pay cash !

[Lost soul]

michael gould said:

just pay cash !

Here we go

[outofstepuk]

ripley500 said:

Great thing about the Vantage is that a 2006 model really isn't that differnet to a 2010 model on looks. Yes the 4.7 has more go but an Aston is about more than performance so you'll get just as much enjoyment from an earlier, low cost model and as bogie says you'll lose very little in depreciation.

I think the early seats date them. My only requirement when I went for a V8V was that it was a 2007 model for that reason.

[michael gould]

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

[gibbon]

outofstepuk said:

I think the early seats date them. My only requirement when I went for a V8V was that it was a 2007 model for that reason.

Its funny, when i bought mine I thought the same, until i tried both and actually found the old seat more comfortable.

[Lost soul]

michael gould said:

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

Is that the question the OP is asking

[Neil1300r]

Lost soul said:

michael gould said:

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

Is that the question the OP is asking

He asked the cheapest way - pay cash, no interest to pay.

[Cockernee]

Get a First Direct Offset Mortgage @2.79% over 3 years. Borrow £45K more than your existing mortgage (if you have enough equity) and buy the car cash.

Once you sell the car, pay back into the mortgage account. Simples.

[michael gould]

Lost soul said:

michael gould said:

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

Is that the question the OP is asking

he asked for the cheapest way to but the depreciating asset and I gave him a reasonable suggestion .......init

[paddy328]

Borrow the money from your folks. Works for me.

[petop]

Easier way....go on tour to Afghanistan, save some money then buy a Porsche 911 C4S....leave the Army then go as a civvy to Afghanistan and earn pop-star wages for 6 months, sell the 911 and go to AM Works and buy a 4.7 Vantage cash.....simples!!!!

[Lost soul]

Neil1300r said:

Lost soul said:

michael gould said:

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

Is that the question the OP is asking

He asked the cheapest way - pay cash, no interest to pay.

You are not very good with this reading thing are you

[michael gould]

Lost soul said:

Neil1300r said:

Lost soul said:

michael gould said:

Lost soul said:

michael gould said:

just pay cash !

Here we go

I used my debit card to purchase my DB9 ........simple.....no monthly payments....no interest....no balloon payments.

Is that the question the OP is asking

He asked the cheapest way - pay cash, no interest to pay.

You are not very good with this reading thing are you

not sure i get your point .....he asked for the cheapest way to finance his 50k purchase and I said pay cash ......did I miss something ?

[Neil1300r]

michael gould said:

not sure i get your point .....he asked for the cheapest way to finance his 50k purchase and I said pay cash ......did I miss something ?

Not that I can see. People don't seem to understand cash = finance.
Other cheapest finance I've been offered is LIBOR +0.75%