What's a good rate on supercar finance?
Discussion
trowelhead said:
interstellar said:
trowelhead said:
Ryan Dobson at Clydesdale bank worth trying
HP with balloon at 3.8% APR - was cheapest i found financing my GT4...
Do you have any contact details for Ryan Dobson please?HP with balloon at 3.8% APR - was cheapest i found financing my GT4...
Thread bumping here...
Looking to buy a Nissan GTR R35 MY17 (according to some on here not a supercar but anyways) and just wondering who is currently the best to finance through.
I have spoken to Clydesdale who are doing 4.7% with a half decent balloon but was wondering if there was anyone else worth contacting to beat/match these rates or be open to higher balloons whilst being a regulated agreement of course.
Pcp or HP with balloon is fine, been a year since this thread was updated so I'm hoping some old or new company has a new finance product!!
Many thanks.
Looking to buy a Nissan GTR R35 MY17 (according to some on here not a supercar but anyways) and just wondering who is currently the best to finance through.
I have spoken to Clydesdale who are doing 4.7% with a half decent balloon but was wondering if there was anyone else worth contacting to beat/match these rates or be open to higher balloons whilst being a regulated agreement of course.
Pcp or HP with balloon is fine, been a year since this thread was updated so I'm hoping some old or new company has a new finance product!!
Many thanks.
Sir_Dave said:
Generally, if you can get approved with Clydesdale, they will be the best. Anything under 5% APR is really very good!!
Im happy to quote if you want, just so that you have something to compare them against.
Drop me an email from my profile
I have sent you a message mate Im happy to quote if you want, just so that you have something to compare them against.
Drop me an email from my profile
HamidS1992 said:
I have sent you a message mate
As an update on this, APR wise, i could just about compete with Clydesdale. Balloon wise however, they were over 10% higher than my funders at the 4 year mark - giving a far lower monthly repayment.
All cars are different however, so always sensible to shop around
I've edited the post due to lack of interest in checking my sums/thought process and also as I may have been too conservative! Switching from PCP to loan gives a far greater saving than I predicted but its almost impossible to work out exactly what it is given the way the PCP info is supplied.
Best guess is total PCP interest at outset for whole term was £7765 but switching current balance to a loan gives £1500 total interest but adds 9 month to term. Have already paid £2000 in interest though (its higher percentage of balance at the outset, naturally). So potentially a £4k saving via the switch to loan, no balloon and the repayments working to reduce whole of debt and whole of interest. Useful.
Best guess is total PCP interest at outset for whole term was £7765 but switching current balance to a loan gives £1500 total interest but adds 9 month to term. Have already paid £2000 in interest though (its higher percentage of balance at the outset, naturally). So potentially a £4k saving via the switch to loan, no balloon and the repayments working to reduce whole of debt and whole of interest. Useful.
Edited by Ken Figenus on Tuesday 30th April 10:25
Edited by Ken Figenus on Tuesday 30th April 11:56
RBT0 said:
Hello Gents,
Trying to get a best quote from few companies.
Does anybody have experience with Paragon?
Oracle seems not the best with 6.2%APR on a Lease/HP
Magnitude was ridicolous and didnt even want to entertain with Lease....
Amy other suggestions?
I use Paragon on occasion - have dropped you an email, more than happy to put some numbers together for you Trying to get a best quote from few companies.
Does anybody have experience with Paragon?
Oracle seems not the best with 6.2%APR on a Lease/HP
Magnitude was ridicolous and didnt even want to entertain with Lease....
Amy other suggestions?
For comparison, the last 5 deals ive done have been in the 5's rather than the 6's
Gassing Station | Finance | Top of Page | What's New | My Stuff