corsaaa_16v
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Registered: 8th Feb 06
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Just after a bit of advice on these? Not about the actual car but the deal m Dad is getting.
Having driven the Scirocco and the R32, he now has his heart set on the R32.
Having looked around, managed to find the following example
2008 08 reg Golf R32
4k miles
3 door
Deep Blue
Manual
Vienna Leather
Cruise Control
3per month on 5 year HP with £0 deposit but quickly came down to £365 per month on 5 year HP with £0 deposit to try and seal the deal?
Does this sound a good deal? How does the finance rate look?
I read about loads of these being shipped off for cheap due to the new model being available but this is the cheapest one I can find less than 1 year old.
Any advice would be much appreciated 
[Edited on 08-01-2009 by corsaaa_16v]
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deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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What ever happens, he (whoever he is) MUST get a Miltek exhaust for it.
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corsaaa_16v
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Registered: 8th Feb 06
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edited - its for my dad so militek exhaust is unlikely but I can always try 
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Colin
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Registered: 4th Apr 02
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Just short of 22k over 60 months with the finance, under a year old with a few extras - sounds quite good actually. What miles are on it?
He does know VW are selling off brand new ones, 58 plate delivery miles from 19k!?
Its not a bad deal at all, that car would have been about 27.5k less than 12 months ago!!
[Edited on 08-01-2009 by Colin]
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fazza
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Registered: 7th Feb 08
Location: Plymouth
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how much is a new r32?
or an equivalent?
tbh i wouldnt be doing anything like this atm with car prices as they are.
will be worth fuck all in no time...
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Colin
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Registered: 4th Apr 02
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I had thought about getting one..............still not sure though!!
Got a few things on my mind & im waiting a few months to see how things fall into place.
I do know I wouldnt want to pay it off over 5 years though, as theres not a chance id still own it in that time 
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corsaaa_16v
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Registered: 8th Feb 06
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the guy is doing it on 5% flat which is comparable with any banks at the mo. Cheapest unregistered I can find is £19995 and a lot have sold now so they are all rubbish spec or sh!t colours
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N3CRO
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Registered: 12th Apr 07
Location: Sandy, Bedfordshire
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quote:
Originally posted by corsaaa_16v
edited - its for my dad so militek exhaust is unlikely but I can always try
You can only hope. They should awesome as standard but with a Miltek, it'll just sound even more awesome.
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Colin
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Registered: 4th Apr 02
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Do you know what the deal is before the finance is added?
I got offered a brand new one in November - unregistered, delivery miles for £18,700 or a fully spec'd one (DSG, leather recaros, satnav & Ipod connection) for £21,700.
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Colin
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Registered: 4th Apr 02
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Good interest rate it seems, I take it thats actual APR not that other thing they sometimes quote you??
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corsaaa_16v
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Registered: 8th Feb 06
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its 5% flat, about 9.5 APR% but over 5 years, the rate gets inflated anyway because its higher risk lending period
the price of the car is £17995 with leather, ipod, armrest and cruise
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nik
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Registered: 19th Jun 00
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I would be pushing for a far harder deal than that. I'm buying a 58 fully loaded M3 for £34k ish - was 60k not even a year ago so do the maths!
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deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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quote:
Originally posted by nik
I would be pushing for a far harder deal than that. I'm buying a 58 fully loaded M3 for £34k ish - was 60k not even a year ago so do the maths!
 bargain of the century.
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Brett
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Registered: 16th Dec 02
Location: Manchester
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5yr finance. Oh joy.
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Nath
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Registered: 3rd Apr 02
Location: MK
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quote:
Originally posted by nik
I would be pushing for a far harder deal than that. I'm buying a 58 fully loaded M3 for £34k ish - was 60k not even a year ago so do the maths!
How the feck have you wangled that???
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BYRON
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Registered: 1st Jun 04
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quote:
Originally posted by nik
I would be pushing for a far harder deal than that. I'm buying a 58 fully loaded M3 for £34k ish - was 60k not even a year ago so do the maths!
WTF? Dealer or specialist? TBF I would expect a 41% loss @ 12mths 10k - which would actually support the sort of deal your talking about.
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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quote:
Originally posted by loafofbrett
5yr finance. Oh joy.
Yeah fuck that, if you want to sell it the car won't be worth even the outstanding finance amount. I learnt the hard way a decade ago.
If you have to finance the entire amount get a loan, easier to sell the car and easier to pay off.
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BYRON
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Registered: 1st Jun 04
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quote:
Originally posted by Ojc
quote:
Originally posted by loafofbrett
5yr finance. Oh joy.
I learnt the hard way a decade ago.
If you have to finance the entire amount get a loan, easier to sell the car and easier to pay off.
Old man Wise words. Never get a loan tied to an asset.
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Colin
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Registered: 4th Apr 02
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Dads sometimes tend to keep cars for a while, well mine does anyway
Wouldnt be me - I get bored too easilly!!
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Colin
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Registered: 4th Apr 02
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quote:
Originally posted by nik
I would be pushing for a far harder deal than that. I'm buying a 58 fully loaded M3 for £34k ish - was 60k not even a year ago so do the maths!
Jesus Nik that sounds like a bit of a bargain
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Brett
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Registered: 16th Dec 02
Location: Manchester
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He could lease one for 1-3yrs at that price per month. Granted it's never his, but is that a problem? Not in my eyes.
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Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
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There will be a point where the debt will be greater than the value of the car with a finance agreement of this kind.
Always worthwhile offsetting the cost with a substancial deposit.
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John
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Registered: 30th Jun 03
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The debt will be greater than the value of the car within months in this case.
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Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
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Yeah accelerated depreciation occurs in the first few years but on a typical finance agreement where you put a deposit down it levels out at the end of the agreement where as this will not.
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Colin
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Registered: 4th Apr 02
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Any deals going on the Scirocco just now? I just saw a dark blue one in town & tbh I wasnt a fan of it on screen but sat in front of me it looked lovely.............id be after one of those if I were your Da
[Edited on 09-01-2009 by Colin]
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