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Would customers like the option to Buy Now and Pay Later?

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Old Apr 25, 2009 | 04:35 PM
  #1  
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From: Over 500ft/lbs of torque @ just 1.1bar
Question Would customers like the option to Buy Now and Pay Later?

We are considering the option of offering customers an option of Buy Now and Pay in 6 months - interest free.

It will be for orders above £300.




HID GB Now on - Just visit our website SUPERHIDS - FOR YOUR DRIVING SAFETY and select your desired kit. Then enter the discount code SCOOBYNET274 at checkout for £20 GB discount
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Old Apr 25, 2009 | 04:56 PM
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I think it can only help in the current financial climate. So yes from me.
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Old Apr 25, 2009 | 06:25 PM
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sounds like a great idea
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Old Apr 25, 2009 | 07:47 PM
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I need a new clutch so will have a lightened flywheel at the same time.

If i could pay the £600 odd bill over 6 mths,so 6 payments,interest free,id of had it fitted long ago.

i think pay now then pay it all in 6 mths is a good offer but still,in 6 mths time the money might still not be there,in 1 lump sum,bit like insurance.
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Old Apr 25, 2009 | 07:59 PM
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Originally Posted by The Rig
I need a new clutch so will have a lightened flywheel at the same time.

If i could pay the £600 odd bill over 6 mths,so 6 payments,interest free,id of had it fitted long ago.

i think pay now then pay it all in 6 mths is a good offer but still,in 6 mths time the money might still not be there,in 1 lump sum,bit like insurance.
That's exactly what I'm thinking
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Old Apr 25, 2009 | 08:02 PM
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Generally I'm not a great fan of pay "6months interest free" deals out there. It just feels a sprat to catch a mackeral, £10 per month and pay all remaining before the 6 months if not continue paying £10 for the next 20 years, LOL but that's how it's financed

(of course i've not seeing BOB5 T&C's )

I would much prefer pay as you go. eg

£300 @ 6 monthy payments of £50
£600 @ 6 monthy payments of £100

IMHO

Tony
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Old Apr 25, 2009 | 08:03 PM
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It does sound a good idea but who is the underwriter for the finance, being such a difficult climate would they even grant finance ?
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Old Apr 25, 2009 | 08:08 PM
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IMHO I think you would be taking a big gamble!

There are some good honest people on here but it's the other people that will try and scam you!
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Old Apr 25, 2009 | 08:17 PM
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I'm up for it as long as there is no credit check.
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Old Apr 25, 2009 | 08:23 PM
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i suppose a legal contract would be signed as if buying a sofa and if not paying it,it gets sold to a debt firm ??
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Old Apr 25, 2009 | 09:21 PM
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If there was no credit check, Id be interested, being in the army, geting credit/finance for anything is nearly impossible, ive heard of an easi-pay scheme, which im considering using for my wheels, 25% deposit, and the balance paid over 12 months, would be very interested though.
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Old Apr 25, 2009 | 09:28 PM
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There are a lot of sensible people out there, who could take advantage of an offer such as this, and pay for the parts on time.

However, isn't access to easy credit the reason we have such a big financial issue now ?

I would suggest both parties think very carefully before entering into such arrangements. No offence intended to anyone.


Mark.
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Old Apr 25, 2009 | 09:33 PM
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Mark you just talked me out of a £3K bill.....

But seriously, I'm happy to have the funds in place, BUT you have to be willing to "take up the slack" on the old credit card to do the job properly.

In my case a Fuelab reg and braided hoses, not essential, but finished the job off a treat.

IMHO

dunx
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Old Apr 25, 2009 | 09:36 PM
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Think it is a very sensible idea for those who want to take advantage of a deferred payment plan.
Bob - may be interested in coilovers and brakes.
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Old Apr 25, 2009 | 10:56 PM
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Its a good option, but its the worst option you can have! As you can guarantee by the time you have to pay for your stuff its actually more than when you 1st bought it
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Old Apr 25, 2009 | 10:58 PM
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Originally Posted by Lateral Performance
There are a lot of sensible people out there, who could take advantage of an offer such as this, and pay for the parts on time.




Mark.
Don't you sort of offer this service
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Old Apr 26, 2009 | 10:35 AM
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Personal opinion is that should parts be absolutely neccesary for example, to commute to work then would probably be a good idea for anyone who immediately needs this but has a lack of funds. On the other hand if you don't need parts so soon you may as well just relax & not stress over debt. Think it is a useful idea though.
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Old Apr 26, 2009 | 12:51 PM
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Originally Posted by stevebt
Don't you sort of offer this service
Didn't you know he already does??
































Only kidding Mark!
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Old Apr 27, 2009 | 07:48 PM
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think this is a great idea
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Old Apr 27, 2009 | 08:25 PM
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excellent idea, yes from me
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Old Apr 27, 2009 | 09:30 PM
  #21  
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Hoping to get some PF disc and pads this would help...............
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Old Apr 27, 2009 | 09:55 PM
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From: Over 500ft/lbs of torque @ just 1.1bar
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Will be looking into the feasibility of this and the associated costs this week to see if it can happen. It won't be easy with our cut pricing though.

There won't be credit to anyone with adverse credit history.

Watch this space.
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