Car finance

[ghost83]

Why does car finance differ so much?

If I order a s4 it’s at 2.9% yet a rs4 is at 5.9%

Why? Why can’t theu do the rs at 2.9%

Same with Land Rover clearly been on a 3 day week and factory closures the apr on their cars is still 5.9 why not lower it to get interest?

Bmw just had a 0% deal on to get cars out the door yet their x3 again was at 5.9%

So why does it differ so much within the manufacturer and say if I walked in to audi could they lower the apr from 5.9 to 2.9 like the other models

[PurpleMoonlight]

It's all down to which cars they want to flog at a particular time.

[anonymous-user]

What a strange question.

You might as well ask why doesn't everything cost the same !

[Phil Dicky]

anonymous said:

[redacted]

Bizarre....common retail practice--reduce stock you need to sell.

[Edible Roadkill]

As mentioned stock surplus can influence offers.

Also worth noting a lot of the 0% offers require you to levy around 50% as a deposit.

It’s the used car apr rates that I can’t understand. 6month old bmw 9.9%, brand new same model 2.9%. Often the new one works out cheaper.

[mholt1995]

Edible Roadkill said:

As mentioned stock surplus can influence offers.

Also worth noting a lot of the 0% offers require you to levy around 50% as a deposit.

It’s the used car apr rates that I can’t understand. 6month old bmw 9.9%, brand new same model 2.9%. Often the new one works out cheaper.

Exactly, so the dealer/manufacturer can sell more new cars and look better for their various stakeholders.