AK
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Registered: 5th Jul 00
Location: Aberdeen City
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righto.... maybe a daft question 
We have basically decided to shelf the idea to buy a recovery truck and are now going for a big 4x4.
Originally thought about budget ones like P38 range rovers, L200's etc.... but the ones in our cash budget for now arent going to be up to much really 
So.... we nipped in by the Land Rover garage yesterday, and are now looking towards a 2nd hand Range Rover, or Range Rover Sport. Prob the Range Rover though as it is looking to be about 10k cheaper.
I havent had finance on a car since I was 18 so... basically.... how do you go about it? Best to get a loan, or just go to the garage and let them sort it?
Any idea on payments with a small deposit (say 4k) and a purchase price of around upto 30k. From 20-30k really. Over 3 years perhaps  roughly £600 a month is realistic yes?
[Edited on 24-02-2008 by AK]
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willay
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Organiser: South East, National Events
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Registered: 10th Nov 02
Location: Roydon, Essex
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I get told by various other people that you should always try to seek a loan from the bank vs the dealership because you'll always get a better deal. This is only what I've been told.
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Robbo
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Registered: 6th Aug 02
Location: London
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Most cpmpanies limit loans @ £15k without securing against a house so need to speak to finance places really... try capital bank
Also, check moneysupermarket.com to geta rough idea of prices 
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deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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Finance in a bank etc is always going to cheaper in my experience.
Nationwide offer extremely good rates, fixed rates as well, so you know exactly what you'll be paying out for the term.
If you have a good relationship with your bank (do you run a business for example?) they might be able to wangle you something good 
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Colin
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Registered: 4th Apr 02
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Have you looked into leasing a new one?
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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leasing will cost the same, but with no resale value :/
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Colin
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Registered: 4th Apr 02
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S'pose :S
What about a Nissan Navara? Big 4x4 with plenty room, flat back for throwing on tools & bits & not as pricy as a Landy
Like one of these - http://search.autotrader.co.uk/es-uk/www/cars/NISSAN+NAVARA/Ne-2-4-5-6-7-8-27-44-49-53-61-64-67-103-133-146,N-143-4294966390-4294967243/advert.action?R=200802108302369&distance=94&postcode=fk3+9ar&channel=CARS&make=NISSAN&model=NAVARA&min_pr=&max_pr=&max_mileage=
Ive found most modern landrovers to be off road overkill, more about how much leather & gadgets they can throw in one & swav-ness than off road ability & pulling ability.
[Edited on 24-02-2008 by Colin]
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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Personal loan is usually cheaper than garage finance.
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mattk
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Registered: 27th Feb 06
Location: St. Helens
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banks will always be a better rate
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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just looking into leasing now..... hmmm
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mattk
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Registered: 27th Feb 06
Location: St. Helens
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even easier option, Im leasing my van next year
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Colin
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Registered: 4th Apr 02
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Its not that bad when you weigh up things like no depretiation, tax, mot, maintenance etc
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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How much are you looking at to lease?
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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around 500+vat a month for a 12month contract on a Sport
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AK
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Registered: 5th Jul 00
Location: Aberdeen City
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looking at 700 a month for 3 years on a 28k Range Rover.
Looking into new Navara's/L200's now
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Colin
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Registered: 4th Apr 02
User status: Offline
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Can you not get your time attack sponsors to chip in  Get it plastered with stickers
Navaras are meant to be good
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Colin
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Registered: 4th Apr 02
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Infact I saw one today pulling a mini excavator on a trailor......seen it & thought of you
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Fee
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Registered: 16th Nov 05
Location: With AK
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yeah...think that's what we're going for now...a lease on a Navara
I don't think we've ever had so many problems deciding on cars
We spent all day Sunday looking and changing our minds every five minutes and all last night
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T21SVJ
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Registered: 14th Sep 06
Location: formby Drives: Company Cars
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my mate works for nissan, navaras are a good car only problem is therew built buy renault now so there cheaper to make and he had alot back with things going wrong.
my sister got a l200 which she needs for the dogs and dog training she loves it best money theyve spent done 23thousand miles init on a 55plate
had the leaf springs replaced at the back twice (£190) each
turbo hose came of when they where up scotland.
very basic very tiny in the rear and slow.
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Toby
Premium Member
Registered: 29th Nov 05
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you can get a navara with satnav and leather woth a cab back for around 21k new, leasing is only good if your costs are cheaper than your finance, depreciation, and tax which in your case will be espically if its brand new your after
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Neo
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Registered: 20th Feb 07
Location: Essex
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quote:
Originally posted by Matty G
Personal loan is usually cheaper than garage finance.
quote:
Originally posted by mattk
banks will always be a better rate
Except in my case, garage gave me 3% compared to bank offer of 6% so its worth looking at both.
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Fonz
Premium Member
Registered: 12th May 06
Location: Newbury, Berks
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alot of ppl saying the banks are better and it my experience thats true.
however car salesmen(women) want to get a sale and the commission. if it was me i would meet with the bank and discuss the options they can offer you (dont take the flashy adverts as the best you can get- the bank wants your money too) get a firm answer, eg £2000k 4.7% over 18months let say
then go to the car dealer and if you're genuinely interested haggle, as best you can knowing you've got a firm answer from the bank. if you can return 3days later with the money (on loan from the bank) it may be worth it, although the "offer" may only be available for that day....
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Fee
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Registered: 16th Nov 05
Location: With AK
User status: Offline
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I did a quote with RBS and they were offering us a rate of 8%
Range Rover garage were offering 5%!
We need a car that is reliable and good, and we only need it for a year to a year and a half as we're planning on moving abroad.
By leasing we don't have to deal with selling it and it's new, so very little cost for maintenance if any
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John
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Registered: 30th Jun 03
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Do people finance cars that are cheap enough to justify not getting fully comp insurance?
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Matt L
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Registered: 17th Apr 06
User status: Offline
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newer Navaras are apparently being recalled due to not being safe. (or atleast i think it was the Navaras)
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