APR on car loans

Author
Discussion

MannyLon

Original Poster:

1,680 posts

207 months

Thursday 22nd October 2020
quotequote all
Has anyone managed to get a good APR for a car loan recently?
I've been taking a look recently and the best that I could get was 5.9%

MannyLon

Original Poster:

1,680 posts

207 months

Thursday 22nd October 2020
quotequote all
EvoSid said:
I thought every one bought their cars with lost of casino here and only poor wee buggers like me used finance
I got a cracking deal form Lombard Finance on 50K at something like 3.6% ( I don't understand APR and use flat rate instead which was about 1.9%)
I think it was £800 interest per year which I thought was very good. Only downside they will not pay for car privately on form dealer

Also worth a try is clydesdale who offered 4.0% APR or just over 2% flat.

If you need any contacts let me know happy to pass on the details of both
Thanks Sid, will take a look.

MannyLon

Original Poster:

1,680 posts

207 months

Thursday 22nd October 2020
quotequote all
Porsche911R said:
3.6% Apr sound mega on 50k.
Not seen that anywhere on car finance.
Yes, it's for representation I think, let's see...

MannyLon

Original Poster:

1,680 posts

207 months

Monday 26th October 2020
quotequote all
EvoSid said:
If you want any details I am happy to share you my loan details and contact details as girl was super helpful and quick just whats app me on 07770501905 if I can assist

basically

£50k borrowed
1st payment 1366.26 ( which include £250 lion fee)
47 payments £1116.26

Total payable 53830.48

Apr 3.7%

Purchase fee at end £0.00

Seemed good to me and not sure if you can get cheaper
Thanks Sid, let me see what they say.

MannyLon

Original Poster:

1,680 posts

207 months

Tuesday 27th October 2020
quotequote all
gizlaroc said:
What an utterly bizarre thing to post on the Porsche section of a car enthusiasts forum.


What is it you drive?

What do you do for a living?

Why are you on here? laugh
Think you've mis understood what he was trying to say smile