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syl



Member Since: 10 Mar 2016
Location: Somerset
Posts: 412

United Kingdom 
Buying from a dealer indirectly - buyacar

I'm thinking about moving from Jaguar to Land Rover (Sport Autobiography). I'd prefer a PCP plan as I'm a bit worried that the floor could fall out of diesels and I don't want to use all my savings.

I've looked at both new and cars up to a couple of years old. Land Rover give a rubbish interest rate on used cars - I wouldn't consider them at their standard 10.9% (though they usually offer 9.9% on their own non-landrover website and they may be persuaded to significantly lower) but I recently came across buyacar - who basically give you dealer stock using their finance.

I just checked out two cars (it's easy to find the same car on their site and land rovers) and found that

a) Buyacar give a better interest rate (6.9%)
b) Buyacar give a considerably higher GFV at 48 months (more than 10%, £4-5000)

The higher GFV is interesting as it is a much better hedge against the floor falling out of diesels.

Anyone used them? Any other similar alternatives - I suppose getting a PCP elsewhere and just going to the dealer is an option.

Post #524914 Sun Apr 30 2017 1:50pm
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mlines



Member Since: 10 Dec 2006
Location: UK
Posts: 480

United Kingdom 

If you are worried about Diesels go for a later RRS (MY2016) which have a Euro6 compliant engine with the SCR (Adblue) technology. 2016 RRS 4.4 TDV8 Autobiography Dynamic in Montalcino Red and Stealth Kit

Post #524918 Sun Apr 30 2017 2:42pm
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m13lky



Member Since: 08 Aug 2016
Location: Scotland
Posts: 310

United Kingdom 

Syl, another option maybe take a Pcp through hbos banking, if you have an account with one of their group they all offer existing customers pcps for any car purchase up to £60k, this maybe an issue if you are looking at new RRS & I don't know what their mgfv's are like but the rate is only 4.9%, answer maybe to buy a 6 month old one for around £70k pay £10.5k deposit & finance the rest to keep under the £60k threshold?

Post #524921 Sun Apr 30 2017 3:11pm
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