McLaren finance options
Discussion
Following excellent advice from forum members, I am now in the market for a 650s Spider. Can anyone recommend a good finance house please? I've spoken to a couple who simply want to do the deal asap, take the commission and disappear....what I'm looking for is obviously a good deal, but also decent service - somebody who listens to what I'm trying to achieve, over what time period and what outcome I would ideally like....preferably with some flexibility built in for a possible early termination ....and to stick with me as I move on to my next car. Is this too much to ask?!
theRossatron said:
I don't think Oracle "list" McLaren so don't have data for future values etc.
Have you enquired about McLaren's own financing on a particular car? You may get a few grand off the purchase price that way offsetting any better deal you might get elsewhere.
Oracle will fund anything and using various mechanics, PCP, PCH, deferred purachse etc.Have you enquired about McLaren's own financing on a particular car? You may get a few grand off the purchase price that way offsetting any better deal you might get elsewhere.
I'd definitely give them a call unles syou have alreday and they couldnt help.
Mclaren's preferred provider is JBR capital.
Your Best bet is with Lombard Asset Finance, your PCP rate with them will be around 3.8% APR all the rest with be 5.8% ish which will make a big difference to the money you pay back over the term. I have used them for years and swap and change my cars all the time, they will be able to accommodate your needs.
RSK21 said:
Oracle will fund anything and using various mechanics, PCP, PCH, deferred purachse etc.
I'd definitely give them a call unles syou have alreday and they couldnt help.
Mclaren's preferred provider is JBR capital.
Yeah sorry I didn't mean they wouldn't just that the deals weren't quite as flexible on final values.I'd definitely give them a call unles syou have alreday and they couldnt help.
Mclaren's preferred provider is JBR capital.
tyrrell said:
Your Best bet is with Lombard Asset Finance, your PCP rate with them will be around 3.8% APR all the rest with be 5.8% ish which will make a big difference to the money you pay back over the term. I have used them for years and swap and change my cars all the time, they will be able to accommodate your needs.
+1 - I used them and they were quick, efficient and by far the cheapestYipper said:
McLaren Glasgow have built a rep for crafting good PCP deals. Perhaps give them a call as a starting point.
I had a disappointing experience from Mc Glasgow, felt they were more about selling a set finance package than actually selling me a car. Pleasant enough but condescending at the same time. The Surveyor said:
Yipper said:
McLaren Glasgow have built a rep for crafting good PCP deals. Perhaps give them a call as a starting point.
I had a disappointing experience from Mc Glasgow, felt they were more about selling a set finance package than actually selling me a car. Pleasant enough but condescending at the same time. Nice car by the way Surveyor
Edited by 993AL on Wednesday 17th May 17:33
The Surveyor said:
I had a disappointing experience from Mc Glasgow, felt they were more about selling a set finance package than actually selling me a car. Pleasant enough but condescending at the same time.
Very surprised to hear this, having met the team in there, they were some of the most down to earth and genuine sales people I have ever met. They also won Mc dealer of the year. Craigwww said:
The Surveyor said:
I had a disappointing experience from Mc Glasgow, felt they were more about selling a set finance package than actually selling me a car. Pleasant enough but condescending at the same time.
Very surprised to hear this, having met the team in there, they were some of the most down to earth and genuine sales people I have ever met. They also won Mc dealer of the year. jimmybell said:
before selling said financed cars, do you folks using oracle/lombard etc typically keep cash available to settle the finance?
obviously private buyers would (hopefully) check for outstanding finance before buying - and i doubt many are interested in paying your finance company.
Call finance company.......pay outstanding balance........confirm clear title....pay balance to seller........all done in an afternoon..........done it numerous times myself.......obviously private buyers would (hopefully) check for outstanding finance before buying - and i doubt many are interested in paying your finance company.
Sarnie said:
jimmybell said:
before selling said financed cars, do you folks using oracle/lombard etc typically keep cash available to settle the finance?
obviously private buyers would (hopefully) check for outstanding finance before buying - and i doubt many are interested in paying your finance company.
Call finance company.......pay outstanding balance........confirm clear title....pay balance to seller........all done in an afternoon..........done it numerous times myself.......obviously private buyers would (hopefully) check for outstanding finance before buying - and i doubt many are interested in paying your finance company.
I always had it in my head people were reluctant to engage with cars that had outstanding finance.
jimmybell said:
All as part of the 'collection day' / sale process?
I always had it in my head people were reluctant to engage with cars that had outstanding finance.
I would say the fear comes from private buyers who find out afterwards that the car has outstanding finance. I always had it in my head people were reluctant to engage with cars that had outstanding finance.
If the finance situation is known, and if it's being done through a dealer, there shouldn't be a need for any reluctance.
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