No Artura love?!
Discussion
JDH1 said:
Frankychops said:
A maxium of:
£30000+36*1300(£46800).
So £76,800 max is how I read it?
That's what I worked it out to but I wasn't sure. Maybe my idea of 'amazing value' isn't the same!£30000+36*1300(£46800).
So £76,800 max is how I read it?
Frankychops said:
JDH1 said:
Frankychops said:
A maxium of:
£30000+36*1300(£46800).
So £76,800 max is how I read it?
That's what I worked it out to but I wasn't sure. Maybe my idea of 'amazing value' isn't the same!£30000+36*1300(£46800).
So £76,800 max is how I read it?
Blimey Charley, it’s colour sensitive!
Saw a ‘sort of electric blue’ one street-parked yesterday, and its styling looked a mess – albeit pleasingly compact and lithe overall.
However, this car looks very cool – could someone please ID its hue? Ta
https://m.youtube.com/watch?v=HPJxmCNrf2o&pp=y...
Saw a ‘sort of electric blue’ one street-parked yesterday, and its styling looked a mess – albeit pleasingly compact and lithe overall.
However, this car looks very cool – could someone please ID its hue? Ta
https://m.youtube.com/watch?v=HPJxmCNrf2o&pp=y...
Davyt said:
Haha I’m not sure how it all works tbh but if you pay
£25K deposit
£1500 for 23 months = £34500
Total £59500 in 2 years, you can then walk away or pay the £154K for the car??
Yes exactly that.£25K deposit
£1500 for 23 months = £34500
Total £59500 in 2 years, you can then walk away or pay the £154K for the car??
The 9.9% APR is a killer.
When it was 5.9% in 2020, these deals were no brainers ala the 600LT deals
Sarnie said:
I’m not really up to date with the wording of car finance but I don’t see where it states that final value is guaranteed. Is this a PCP deal (and hence that final payment is optional) or is the buyer obliged to pay that final balloon? If the latter then you are paying £213k for the car which, as said, is unlikely to be worth £154k in 2 years time. Nearly 10% interest is crazy.Sarnie said:
They must be on drugs if they think it will be worth £154k in 2 years time........
Fully agree. It won’t be, so you will be handing the car back. So it will have cost you the £25k deposit and the 23 payments of £1500. That’s £30k a year to lease the car.Does anyone actually think this is a good deal?
A friend of mine just took the deal. He absolutely loved the Artura on the test drive and was happy with the costs so picks it up next week. He tells me you can hand the car back and just walk away, which is what he intends to do.
The deal he was offered was 3.9% on new Artura or 8.9% used, both with a deposit. He did the maths and a new Artura MRRP £230k but £189k with discounts worked out at £68k total costs over 3 years and 18k miles. A used car worked out at £80k over 3 years as interest was higher. So new car works out £22.5k pa, all in, cheaper than used if you are financing.
I hope they manage to get some sold with the deal, by all accounts they are absolutely stunning to drive.
The deal he was offered was 3.9% on new Artura or 8.9% used, both with a deposit. He did the maths and a new Artura MRRP £230k but £189k with discounts worked out at £68k total costs over 3 years and 18k miles. A used car worked out at £80k over 3 years as interest was higher. So new car works out £22.5k pa, all in, cheaper than used if you are financing.
I hope they manage to get some sold with the deal, by all accounts they are absolutely stunning to drive.
Bispal said:
A friend of mine just took the deal. He absolutely loved the Artura on the test drive and was happy with the costs so picks it up next week. He tells me you can hand the car back and just walk away, which is what he intends to do.
The deal he was offered was 3.9% on new Artura or 8.9% used, both with a deposit. He did the maths and a new Artura MRRP £230k but £189k with discounts worked out at £68k total costs over 3 years and 18k miles. A used car worked out at £80k over 3 years as interest was higher. So new car works out £22.5k pa, all in, cheaper than used if you are financing.
I hope they manage to get some sold with the deal, by all accounts they are absolutely stunning to drive.
I think your friend is ignoring the other side of the equation here, whilst the costs for the new one might be "lower" you're essentially going to walk away with nothing when you hand the car back, but buying a used one at circa £150k and spending £80k all in would still leave you with significant equity to balance out the cost of ownershipThe deal he was offered was 3.9% on new Artura or 8.9% used, both with a deposit. He did the maths and a new Artura MRRP £230k but £189k with discounts worked out at £68k total costs over 3 years and 18k miles. A used car worked out at £80k over 3 years as interest was higher. So new car works out £22.5k pa, all in, cheaper than used if you are financing.
I hope they manage to get some sold with the deal, by all accounts they are absolutely stunning to drive.
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