IRBILA wrote:

New business idea stolen from Australia, private buyers can get finance ??? You can finance a private buy in Australia.

Seems like the UK banks and lenders really know how to screw their customers. Your current BOE rate is .25% ours 1.5% we can borrow for motor vehicles from 4.5% up to about 7% if you are a reasonable risk. I did my RRS at 4.5% . dealer finance is usually the most expensive and all sellers of finance get a commission I deal direct with the institution which allows me to get the commission taken off the rate. Since your lenders only pay 1/4 percent for their money your rates should be far less then ours. M16 SVD8 ,4.4 HSE with a few extras, Sold R50 , Wife SQ5 , BMW R1200GSW.

Car loans from Nat West are 3.9%
Tim

The 3.9% at NatWest is max £25k and it's straight HP not 'dealer finance' PCP/LP. SOLD - MY16 SDV6 Autobiography Dynamic - Fire Engine Red, Fixed contrast pan roof, TV, Dual Screen, 5+2, Privacy, Noble paddles.

I used Lloyds Bank PCP for my recent dealer purchase of my new RRS. i think their limit was £100k. 4.5% APR, very quick, instant decision, money instantly sent to dealer. I am just financing the GMFV. Very easy way to buy a car. 10/10  Gone:
2016.5MY RRS HSE Dyn
2015MY Disco Sport HSE
2011MY FL2 HSE
2010MY RRS HSE
2008MY D3 HSE

Triple7 wrote:

I used Lloyds Bank PCP for my recent dealer purchase of my new RRS. i think their limit was £100k. 4.5% APR, very quick, instant decision, money instantly sent to dealer. I am just financing the GMFV. Very easy way to buy a car. 10/10 Thumbs Up

Limit is £60k. I too was going down this route until right at the last minute (the morning of me picking up the car!) JLR finance matched the rates!  SOLD - MY16 SDV6 Autobiography Dynamic - Fire Engine Red, Fixed contrast pan roof, TV, Dual Screen, 5+2, Privacy, Noble paddles.

JLR Finance & Lloyds are the same

Bonkers, my dealer wouldn't budge on the RRS, but another dealer blew the Llouds rate away on a Jag.  Gone:
2016.5MY RRS HSE Dyn
2015MY Disco Sport HSE
2011MY FL2 HSE
2010MY RRS HSE
2008MY D3 HSE

Problem is that JLR can only shift one model of Jag - the F Pace, only business buyers are buying XF's and XE's and they are not easy to shift either, so that is where the low finance rates are going - LR can sell every car that comes off the production line (if it isn't sold before hand!) Take a look on the Jaguar Used Vehicle selector and see how many "used" Jaguars there are with minute miles on them for sale at huge discounts............... why should JLR offer competitive finance on Land Rover products if they can sell cars easily with unattractive rates? 2020 Pangea Green 1st Edition D240 New Defender 110 is here and loving it
2018 Melting Silver Mini Countryman PHEV - soon to be replaced
2015MY Corris Grey SDv6 HSE Dynamic, the best car I have ever owned, totally reliable only a cou0le of rattles in 3 years, now no longer in my care
Also in my garage is a 1996 TDi300 Defender 90 County HT made into a fake CSW

Because they are a customer-focused company that wouldn't dream of ripping off its customers by charging high rates of interest?

Robert

LR rip people off,,I don't believe that ,,i paid 61k 8 month ago for my 2014 AB & they are now offering me 52k so they can stick it on their forecourt for 58-59k,,not a bad days profit plus what they will make when they finance it.

Andy Andy.
21 Ford Ranger
Gone but not forgotten
Focus RS Red Edition
2015 RRS AB Fuji.
2014 RRS SC Santorini
2016 VW Amarok
2014 RRS AB Fuji
2012 RRS Red Edition Fuji
2015 Nissan Navara
2012 RRS SE Santorini
2008 RRS White
2007 RRS Santorino

It's not Land Rover.
No dealer is a Land Rover owned dealer.
Tory are all franchises and as such can decide their profit/loss breaks.

As the majority of UK dealers are owned by 5 companies, they do dictate the prices Just bought a RRS 06 MY HSE TDV6 136,000 miles, to be a second car to my bland, boring Mitsubishi Outlander 68 plate 2.0 petrol 4

Tim in Scotland wrote:

Problem is that JLR can only shift one model of Jag - the F Pace, only business buyers are buying XF's and XE's and they are not easy to shift either, so that is where the low finance rates are going - LR can sell every car that comes off the production line (if it isn't sold before hand!) Take a look on the Jaguar Used Vehicle selector and see how many "used" Jaguars there are with minute miles on them for sale at huge discounts............... why should JLR offer competitive finance on Land Rover products if they can sell cars easily with unattractive rates?

Triple7 wrote:

So why lose out on the business?

Tyrefitter wrote:

LR rip people off,,I don't believe that ,,i paid 61k 8 month ago for my 2014 AB & they are now offering me 52k so they can stick it on their forecourt for 58-59k,,not a bad days profit plus what they will make when they finance it.

Andy