0% PCP, Ok when is something too good to be believed!! Just look at average % rates on other PCP contracts at the moment and average is likley up near 8%. So great 0% from Tesla, but what is the final "Baloon" payment at end of contract? also what is the cars likley value? Whats the deposit to be paid, monthly figures etc not just the headline grabbing 0%. The depreaciation on EV's is getting worse and worse, and business buyers getting less.
Too good to be tru and as they say on Dragons Den................Im out!!
GTB wrote: ↑Fri Jul 14, 2023 5:33 pm
0% PCP, Ok when is something too good to be believed!! Just look at average % rates on other PCP contracts at the moment and average is likley up near 8%. So great 0% from Tesla, but what is the final "Baloon" payment at end of contract? also what is the cars likley value? Whats the deposit to be paid, monthly figures etc not just the headline grabbing 0%. The depreaciation on EV's is getting worse and worse, and business buyers getting less.
Too good to be tru and as they say on Dragons Den................Im out!!
GTB
If it’s 0% then the balloon, the deposit and any monthly payments will all add up to precisely the purchase price of the car.
GTB wrote: ↑Fri Jul 14, 2023 5:33 pm
0% PCP, Ok when is something too good to be believed!! Just look at average % rates on other PCP contracts at the moment and average is likley up near 8%. So great 0% from Tesla, but what is the final "Baloon" payment at end of contract? also what is the cars likley value? Whats the deposit to be paid, monthly figures etc not just the headline grabbing 0%. The depreaciation on EV's is getting worse and worse, and business buyers getting less.
Too good to be tru and as they say on Dragons Den................Im out!!
GTB
Here's an example from the Tesla website...
Macan S collected 4 Dec 2017 - Jet Black, 20" SportDesign, Agate/Pebble, 18-way, Pano roof, Bi-Xenons with PDLS, Surround View, PASM, PS+, spare wheel, towbar.
2021 Audi TT Roadster Black Edition (hers)
2011 Freelander 2 (workhorse)
It won’t be long before the Tesla 3 becomes the new Prius in terms of Uber drivers car of choice. Huge numbers of 2nd hand with no buyers. And now 0% makes the attraction of 2nd hand ones even less
So 4yr old car with say the Max 40K miles on it. They are looking at final payment of £15,128 for the car! Me thinks most will be handing the car back and walking away and leave Tesla with the problem, given current depreaciation on these EV's. I really dont see any sensible person looking at that deal and expecting positive equity in the car at end of the 4yrs.
As I already said Im Out........................ EV's not for me thanks.
Paul1970 wrote: ↑Fri Jul 14, 2023 5:58 pm
It won’t be long before the Tesla 3 becomes the new Prius in terms of Uber drivers car of choice. Huge numbers of 2nd hand with no buyers. And now 0% makes the attraction of 2nd hand ones even less
AutoTrader is listing 691 used Model 3 cars, and 460 used Taycans!
Macan S collected 4 Dec 2017 - Jet Black, 20" SportDesign, Agate/Pebble, 18-way, Pano roof, Bi-Xenons with PDLS, Surround View, PASM, PS+, spare wheel, towbar.
2021 Audi TT Roadster Black Edition (hers)
2011 Freelander 2 (workhorse)