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jim4244



Member Since: 16 Feb 2012
Location: No
Posts: 1210

England 2013 Range Rover Sport SDV6 HSE Santorini Black
Land Rover Finance - PCP's

Hi all

I have been looking at the PCP offered by Land Rover, which on a new RRS is 7.9%. If I chose to purchase a new RRS the PCP route was the one which I was considering as I then don't tie up a large chunk of money in a depreciating asset.

I see that LR are offering PCP's on FL2, Evouqe, Defender and Disco at 5.9%, and I just wondered if anyone on the forum has ever haggled with regards to the APR of a PCP?

Obviously I know that with the varoius LR models its all about supply and demand and that LR can hike up the APR on the FFRR and RRS whilst supply remains low and demand is high. With this in mind do you think that there would be any flexibility in the APR on a new RRS?

Any thoughts on the matter?

Jim

Post #395046 Sun Sep 15 2013 4:51am
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npinks
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Member Since: 26 Nov 2007
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United Kingdom 

Have a chat with Prestige Car Finance, I think they are sponsors and I have read they did a great deal for a few on here

They also gave me a free case of wine in a competition Laughing

Post #395047 Sun Sep 15 2013 8:19am
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jim4244



Member Since: 16 Feb 2012
Location: No
Posts: 1210

England 2013 Range Rover Sport SDV6 HSE Santorini Black

Free booze! Waheyyy!

Post #395054 Sun Sep 15 2013 11:37am
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drdelrrs



Member Since: 02 Nov 2010
Location: UK
Posts: 1163

United Kingdom 2012 Range Rover Sport 3.0 TDV6 HSE Lux Orkney Grey

If you borrow money, by whichever scheme, you will be paying the source for using it (interest!). So while you may not believe you'll be pay for the depreciation the fact is, of course, that you will; add in their costs and plus their profit and it will be around 6-7% at least.


With investment rates so low, if you have the cash it will be cheaper to use your own - obviously you'll need to do the best deal you can on the purchase.

Post #395090 Sun Sep 15 2013 7:16pm
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