Help with Finance for RS3

jamesp78

Registered User
Hi,

After a 9 month wait my RS3 has finally arrived at dealer. Looking to collect on the 1st Sept, so a bit of time to research possible finance companies.

Audi not being particularly competitive, so have gone to Oracle and Prestige.

Does anyone have any recommendations? or experiences of Oracle/Prestige?

Cheers

James
 

ABYSS

Andrew - Diesel Tuning UK
Site Sponsor
What kind of rates have you been offered from Audi?
 

MBK

Registered User
I'd say keep pushing the dealer I'd have thought below 8% on a PCP is possible in this economic climate.

No experience with the other lenders.

Depending on how much you want to borrow and monthly payments there are some good 6%ish rates around for personal loans, add a 0% credit card to the mix and there are ways to beat the dealers rates yourself. You would need to be disciplined though.

You probably already have, and apologies if stating the obvious, but it's worth checking the overall amount you will pay. PCP can work out mightily expensive for only a few £ saved a month on payments.

I use this site, I'm sure there are others.
http://www.thecalculatorsite.com/finance/calculators/carloancalculator.php#.UA8dfWGe5js
 

On Any Sunday

Registered User
I'd say keep pushing the dealer I'd have thought below 8% on a PCP is possible in this economic climate.

No experience with the other lenders.

Depending on how much you want to borrow and monthly payments there are some good 6%ish rates around for personal loans, add a 0% credit card to the mix and there are ways to beat the dealers rates yourself. You would need to be disciplined though.

You probably already have, and apologies if stating the obvious, but it's worth checking the overall amount you will pay. PCP can work out mightily expensive for only a few £ saved a month on payments.

I use this site, I'm sure there are others.
http://www.thecalculatorsite.com/finance/calculators/carloancalculator.php#.UA8dfWGe5js

Thanks for the web site, has been really helpful to see how much I'm getting ripped off! Went to my local Audi dealer, APR was 12%! I think I should be aiming for around 7-9%. Is that about right? Just for a ref Mercedes are around 5% apr!

Thanks

Tim L
 
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