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

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Old 25 April 2009, 04:35 PM
  #1  
Aztec Performance Ltd
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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
Old 25 April 2009, 04:56 PM
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Julio Jordio
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I think it can only help in the current financial climate. So yes from me.
Old 25 April 2009, 06:25 PM
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bushiwarrior
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sounds like a great idea
Old 25 April 2009, 07:47 PM
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The Rig
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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.
Old 25 April 2009, 07:59 PM
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JonMc
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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
Old 25 April 2009, 08:02 PM
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T5NYW
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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
Old 25 April 2009, 08:03 PM
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jonboy0373
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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 ?
Old 25 April 2009, 08:08 PM
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cossie-nutter
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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!
Old 25 April 2009, 08:17 PM
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I'm up for it as long as there is no credit check.
Old 25 April 2009, 08:23 PM
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The Rig
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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 ??
Old 25 April 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.
Old 25 April 2009, 09:28 PM
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Lateral Performance
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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.
Old 25 April 2009, 09:33 PM
  #13  
dunx
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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
Old 25 April 2009, 09:36 PM
  #14  
JP4
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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.
Old 25 April 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
Old 25 April 2009, 10:58 PM
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stevebt
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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
Old 26 April 2009, 10:35 AM
  #17  
Jekyl
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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.
Old 26 April 2009, 12:51 PM
  #18  
JP4
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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!
Old 27 April 2009, 07:48 PM
  #19  
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think this is a great idea
Old 27 April 2009, 08:25 PM
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scoobyste1987
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excellent idea, yes from me
Old 27 April 2009, 09:30 PM
  #21  
Johnny E
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Hoping to get some PF disc and pads this would help...............
Old 27 April 2009, 09:55 PM
  #22  
Aztec Performance Ltd
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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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