urban

iTrader: (1)

Guys,

Do any of you have personal contract hire on a scoob?

Basically i'm trying to find out if its best to buy outright or on contract.

And at present it would be on a WR1, I currently have a STI Type UK (2002) which is on good old fashioned HP, so I guess i'd have to get rid of that then.

So can someone give me an idea of prices, deposits necessary, mileage etc before I go off to my dealer.

Cheers,

Shaun

ethanrob

iTrader: (3)

PCP deal-example
basically you can put anything up to 40% in as a deposit
the guaranteed future value varies car to car but usually works out about 40% of the cars original sale price
so in theory you would only have to finance 20% of the car over three years,
But dont forget to work your finance out including interest on the future value figure as i didnt take this interest into account when i bought mine

peugeot 206 GTI 180(from a pug dealer,car price £15315 on the road)

deposit £6000
guaranteed future value £5903
36 monthly payments of £190.26

hope this helps mate

regards mark

jason4656

i seem to remember stan palmers in carlisle? do the best deal or a very good one on scoobs

WR-one

International Motors quoted me £580 per month on contrtact hire, so PCP willbe over £600!! per month...

Better off getting unsecured loan Cahoot 5.9%, Northern rock 6.5 (no redemption penalties). Get loan over maximum period to reduce monthly's...when sell, pay off assuming residuals hold up.

PCP generally 7-9 % APR.

john_s

iTrader: (1)

I pay £280 (i think) per month contract hire (2 years, 10K miles) for a late MY02 car.

I think the deposit was about £900, which they took out of my trade in, and sent me a cheque for the rest.

I think current rates are about £300 per month for the new cars, but don't quote me on that. I had a quote from Ian at Stan Palmers a while ago looking for a company car. Will look what that was when i get home.

John.

urban

iTrader: (1)

Cheers John,

Shaun

jaf01uk

I was £1600 deposit and £275 monthly for 2 years for 12,000 miles a year from Stan Palmers,
Gary

john_s

iTrader: (1)

Quote from Ian at Stan Palmers in mid January was as follows:

Contract hire on a new WRX 4dr with metallic.
based on 3 years (3+35) All prices are plus vat

15K - £322.15 without maintenance
£379.52 with maintenance

20K - £336.58 without maintenance
£416.66 with maintenance



John.