Been offered Velar PCP

[bchavda]

Hey Guys,

so been looking around for a velar PCP deal for a while now and have been offered this from a dealer, please let me know your thoughts!

Velar R-Dynamic S + options which brings the list up to £54,200

£2350 deposit
£2000 dealer contribution

£655 a month over 4 years, 10k per annum.

[anonymous-user]

What’s the APR?

[tyrrell]

Poor looking deal to me, dealer contribution is very mean.

[oop north]

JLR apr is I think usually 6.9%

[Lee540]

Are people really paying £655/month for a fancy Freelander?

[Eddie Twadds]

That makes it £31, 440 to rent it for four years (assuming you don't pay the balloon). If that's good for you then do it but doesn't sound great.

[Eddie Twadds]

Sorry scrap that. You'll be paying 63% of the value (less contributions) over four years. Ouch.

[coljoh148]

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

That was my 1st thought as well

[Ardennes92]

coljoh148 said:

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

That was my 1st thought as well

Thought it was an F pace?

[anonymous-user]

coljoh148 said:

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

That was my 1st thought as well

all relative, if £655 is 50% of your salary then its a lot, if its 5% then hardly worth considering.

OP, why not look at leasing one?

Such as; https://www.contracthireandleasing.com/main-dealer...

£605 + £1850 for 36 months 10k pa, 656 amortised, not a bad spec, if you aren't bothered about spec you can get one for sub £500 p.m.

Also, 36 months means completely under warranty and no MOT.

[Lee540]

Lord.Vader said:

coljoh148 said:

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

That was my 1st thought as well

all relative, if £655 is 50% of your salary then its a lot, if its 5% then hardly worth considering.

OP, why not look at leasing one?

Such as; https://www.contracthireandleasing.com/main-dealer...

£605 + £1850 for 36 months 10k pa, 656 amortised, not a bad spec, if you aren't bothered about spec you can get one for sub £500 p.m.

Also, 36 months means completely under warranty and no MOT.

Wasn't a comment on affordability.. was more that a 2.0d freelander in a fancy outfit is advertised for sale at well over £50,000..

[anonymous-user]

Lee540 said:

Lord.Vader said:

coljoh148 said:

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

That was my 1st thought as well

all relative, if £655 is 50% of your salary then its a lot, if its 5% then hardly worth considering.

OP, why not look at leasing one?

Such as; https://www.contracthireandleasing.com/main-dealer...

£605 + £1850 for 36 months 10k pa, 656 amortised, not a bad spec, if you aren't bothered about spec you can get one for sub £500 p.m.

Also, 36 months means completely under warranty and no MOT.

Wasn't a comment on affordability.. was more that a 2.0d freelander in a fancy outfit is advertised for sale at well over £50,000..

Well someone's got to pay for the fancy outfit.

[Sheepshanks]

Lee540 said:

Are people really paying £655/month for a fancy Freelander?

I don't think may people are - they were almost giving them away to staff not long ago.

[Milemuncher]

Any deal at 6.9% APR is poor by definition in the current interest rate environment.

[anonymous-user]

fk me, are people really paying 600-700 a month for a car? That is insane ! Clearly people have far more spare cash to burn than I, so fair play but that is insane. Lings'll rent you a Mondeo for half that.