570S dealer contribution

570S dealer contribution

Author
Discussion

anonymous-user

54 months

Monday 29th October 2018
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Sarnie said:
garyhun said:
McBrum sent me on one and I haven't purchased anything yet scratchchin
Lambo are sending me on a Performante/Shooting day soon and I've not bought one of them.............................yet.
That 'yet' is soooo important smile

jonah35

3,940 posts

157 months

Monday 29th October 2018
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Sarnie said:
mikey k said:
Not true of all dealers
Indeed, I bought new and didn't get one from McBrum........
Ah ascot did for me

Amanda Mclaren showed me round and that was a nice touch and was a good day out plus the night out after was eventful too so win win!

I just feel the GFV offers so much protection

I reckon the finance company will be in hole to the tune of £30-40k by the time it goes back so I’ve effectively made money out of the finance company and kept my cash in other assets plus now I can rack up the mileage guilt free knowing it’s not my problem it’s the finance companies

These things are hard to shift with 20k miles on because there are so many with lower mileages you can buy instead

Try see what the biggest balloon / GFV is so your monthly payments are low as poss and so the finance company is more likely to be on the hook

Just make 100% sure it’s a genuine guaranteed future value

If I could buy a £170k car with a £150k gfv I’d jump at it like a dog. Finance is great if you get the right deal - cash buyers can lose their coat if they’re not careful

As I say the Gfv on 570s was c£115k over 3 years and 18k miles not too long ago - if they are kicking around I’d consider. If it’s like a 70k gfv then makes more sense to think about cash

Skybudda

38 posts

249 months

Monday 29th October 2018
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Hi, I’ve never used finance to buy cars but I will definitely check out the ones with decent GFV. Is there a list of finance companies somewhere on these threads or do I just rely on mclaren dealer facilitated finance?

jonah35

3,940 posts

157 months

Tuesday 30th October 2018
quotequote all
Skybudda said:
Hi, I’ve never used finance to buy cars but I will definitely check out the ones with decent GFV. Is there a list of finance companies somewhere on these threads or do I just rely on mclaren dealer facilitated finance?
Try oracle or magnitude
I think the car needs to be new for gfv

Skybudda

38 posts

249 months

Tuesday 30th October 2018
quotequote all
jonah35 said:
Try oracle or magnitude
I think the car needs to be new for gfv
thanks a lot. Car is new so will check those firms out.

PGNSagaris

2,930 posts

166 months

Tuesday 30th October 2018
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Looks awesome. My brother is after a Mclaren. How much are you looking for?

red_duke

800 posts

181 months

Tuesday 30th October 2018
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jonah35 said:
I reckon the finance company will be in hole to the tune of £30-40k by the time it goes back so I’ve effectively made money out of the finance company and kept my cash in other assets plus now I can rack up the mileage guilt free knowing it’s not my problem it’s the finance companies'
Surely the Guaranteed Future Value is conditional upon mileage?

Smirnoffmark

1,798 posts

226 months

Wednesday 31st October 2018
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Taking the advice on here, I asked a broker (Oracle) about GFV and they said that Mclarens (and Bentley) were notoriously hard to get GFV's for - they wouldn't quote.

I'd rather pay cash and not have anything outstanding but also see the significant benefit of knowing there is a GFV in place incase the market drops after Brexit/Trump/whatever.

39sl

168 posts

124 months

Saturday 29th June 2019
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Bit of a thread revival...
I’m been considering moving from Porsche and whilst doing some homework / man maths calculations, I contacted Oracle and I can confirm they do offer GFV on both new and used McLarens.
However, having seen a new vehicle offer from a dealer, I’m sorely tempted with a new 570GT if I can find a new one in stock at the right spec and a dealer with a good finance offer
The search continues driving


Edited by 39sl on Saturday 29th June 08:57

justin220

5,337 posts

204 months

Saturday 29th June 2019
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What sort of offers were you getting on a new GT out of interest?

Flashardos

57 posts

59 months

Saturday 29th June 2019
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I am hoping to purchase a 570 (haven't decided which flavour yet, but thinking seriously about a GT) later this year, so watching this thread with interest.

Edited by Flashardos on Saturday 29th June 14:44

ghost83

5,477 posts

190 months

Saturday 29th June 2019
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What sort of discounts are there now

mikey k

13,011 posts

216 months

Monday 1st July 2019
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Pretty good but probably only on stock or locked in slots as they are winding down sport series production. In fact I think you slot choice is limited to 570 GT/spider or 600LT

anonymous-user

54 months

Monday 1st July 2019
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mikey k said:
Pretty good but probably only on stock or locked in slots as they are winding down sport series production. In fact I think you slot choice is limited to 570 GT/spider or 600LT
Winding it down for what? New generation Sports series or the new GT?

EpsomJames

790 posts

246 months

Monday 1st July 2019
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garyhun said:
mikey k said:
Pretty good but probably only on stock or locked in slots as they are winding down sport series production. In fact I think you slot choice is limited to 570 GT/spider or 600LT
Winding it down for what? New generation Sports series or the new GT?
The 570S is coming up 4 years old which makes it ancient in McLand, plus it's been at least some months since the last McLaren launch so yes, I suspect a new Sport Series is just around the corner.

Flashardos

57 posts

59 months

Tuesday 2nd July 2019
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EpsomJames said:
The 570S is coming up 4 years old which makes it ancient in McLand, plus it's been at least some months since the last McLaren launch so yes, I suspect a new Sport Series is just around the corner.
From what I've read, and been told by one of the guys at McBristol, the new Sport Series will be hybrid vehicles.

39sl

168 posts

124 months

Wednesday 3rd July 2019
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justin220 said:
What sort of offers were you getting on a new GT out of interest?
Sorry for my slow reply...work keeps getting in the way of my life smile

Tried Hatfield and a couple of others for 570GT cars around 140K but the finance details were too much for my man maths calculator (must buy a bigger calculator next time).

A specific quote was for a GT @ £145K: 2 year PCP, £22K deposit, £1536/month and GFV of £101,700 with an APR of 6.9%.
The offer didnt feel particularly special and that APR is too high for my interest in a PCP


The deal that initially stoked my interest is on the Jardine website. After an initial positive call to the London dealer, they never called back which I took to mean that whilst the finance deal was for a specific car (540C), they had sold the car but its still on their site;

Here is the pending new car:
https://www.jardinemotors.co.uk/mclaren/used-cars/...
and here is the finance offer:
https://www.jardinemotors.co.uk/mclaren/new-car-of...


Anyway, so after all that, I've changed tack completely and decided to be more prudent and have just put a deposit down on a cheaper 540C ... so at least I am in the brand now smile
I was a little worried that the road manners of the 540C would not be up to a 911...I need not have worried...it is light years ahead smile

mikey k

13,011 posts

216 months

Wednesday 3rd July 2019
quotequote all
39sl said:
Sorry for my slow reply...work keeps getting in the way of my life smile

Tried Hatfield and a couple of others for 570GT cars around 140K but the finance details were too much for my man maths calculator (must buy a bigger calculator next time).

A specific quote was for a GT @ £145K: 2 year PCP, £22K deposit, £1536/month and GFV of £101,700 with an APR of 6.9%.
The offer didnt feel particularly special and that APR is too high for my interest in a PCP


The deal that initially stoked my interest is on the Jardine website. After an initial positive call to the London dealer, they never called back which I took to mean that whilst the finance deal was for a specific car (540C), they had sold the car but its still on their site;

Here is the pending new car:
https://www.jardinemotors.co.uk/mclaren/used-cars/...
and here is the finance offer:
https://www.jardinemotors.co.uk/mclaren/new-car-of...


Anyway, so after all that, I've changed tack completely and decided to be more prudent and have just put a deposit down on a cheaper 540C ... so at least I am in the brand now smile
I was a little worried that the road manners of the 540C would not be up to a 911...I need not have worried...it is light years ahead smile
Good work
Dealer PCP rates are often rubbish unless they want to move specific cars.
I get 4% when I use it.
Good to see you got in to a 540C, great cars and and handle like a go kart smile