Finance options
Thanks Paul, that's an interesting tactic. BMW FS currently put in £2.5k, the discount so far from the dealer on top is about 10% but I have carwow offers of around 15% so I can probably get close to 20% in total. It sounds like there are no to low penalties for settling PCP early...
You can’t be penalised or charged for settling a PCP early (or any other retail finance offering)Clive wrote: ↑Sat Aug 17, 2019 6:51 pm Thanks Paul, that's an interesting tactic. BMW FS currently put in £2.5k, the discount so far from the dealer on top is about 10% but I have carwow offers of around 15% so I can probably get close to 20% in total. It sounds like there are no to low penalties for settling PCP early...
1st Sapphire SD
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
- Wing Commander
- Posts: 19914
- Joined: Tue Oct 06, 2015 5:43 pm
- Location: Wiltshire
Anecdotally, folks have reported that Porsche, so maybe others, are likely to pass on pretty much the full 10% hike, or whatever tariff imports are affected by.
Simon
Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
Porsche are likely to pass on increased tariffs to the customer because they can get away with it. It'll vary by OEM. The UK is a huge market for BMW yet prices in the US are much lower, I believe there's scope for BMW to absorb much of any tariff...but I could easily be very wrong.
I suspect, as Clive says, the majority of “volume” manufacturers will do their utmost to minimise any impact of WTO. (As I posted elsewhere, all Japanese / Korean manufacturer cars have been paying their 10% tarif for years now!)
1st Sapphire SD
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
There used to be a saying that you should buy a 3 year old car and sell after 5
The biggest cost of cars is depreciation and generally the best way of maximising that cost is buy new and sell at 2 or 3 years through a dealer.
I bought well IMHO and got a great spec 11k miles turbo. 2 years old and 1/3 off list. I paid 40 cash and borrowed 14, will extend warranty and keep for 4 or 5 years hopefully - don’t need any more pace or luxury than this.
Would never use PCP (unless as a short term tactic to get a discount and then pay off the following month), borrowed the 14 via my bank at 3.3%
The biggest cost of cars is depreciation and generally the best way of maximising that cost is buy new and sell at 2 or 3 years through a dealer.
I bought well IMHO and got a great spec 11k miles turbo. 2 years old and 1/3 off list. I paid 40 cash and borrowed 14, will extend warranty and keep for 4 or 5 years hopefully - don’t need any more pace or luxury than this.
Would never use PCP (unless as a short term tactic to get a discount and then pay off the following month), borrowed the 14 via my bank at 3.3%
2017 - Macan Turbo, with most of the toys (sold)
2008 - manual 997.1 Turbo (sold)
2008 - manual 997.1 Turbo (sold)
All in one go; the full outstanding balance.
1st Sapphire SD
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
2nd Sapphire GTS
viewtopic.php?f=23&t=4296
Current 992 S Cab
viewtopic.php?f=23&t=9845&p=196465#p196465
-
- Similar Topics
- Replies
- Views
- Last post
-
- 50 Replies
- 4747 Views
-
Last post by neilj007
-
- 10 Replies
- 660 Views
-
Last post by andreas
-
- 87 Replies
- 26139 Views
-
Last post by SAC1
-
- 22 Replies
- 6683 Views
-
Last post by Scooby_Doo