Finance deals AMV8

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Discussion

hobo

Original Poster:

5,763 posts

246 months

Monday 7th November 2005
quotequote all
Although I suspect that a lot of you (rich people) with an AMV8 on order have never heard of finance , I was just wondering on what monthly payment would be on such a vehicle, on a PCP kind deal.

Was thinking, 85k list, put 10% down, finance the car over 24 or 36 months, with a final payment (guaranteed or not).

Would much appreciate any feedback.

hobo

Original Poster:

5,763 posts

246 months

Monday 7th November 2005
quotequote all
garyhun said:
Just do the maths!!

£85K less £say £10K deposit = £75K to finance.

Lets say 6% for fun over 36 months thats roughly £14K interest so financing a total of £89K.

Over 36 months that £2472 per month!!

Of course depending on the finance route you will have some form of baloon at the end which will reduce the payments. Lest say over 3 years the car retains 60% of it's value (£34000 to finance) that means your monthly payments will be roughly £65K over 36 months = £1805 per month with a baloon or give it back/trade it in at the end!!!

Very rough figures but probably good enough for a guestimate!!!!

Seem a little high to me.

Can get a DB9 for less than that through a contract hire company.

Would have thought/hoped payments would be circa £1200/month.