Supra finance deal

Supra finance deal

Author
Discussion

Z4MCSL

Original Poster:

548 posts

90 months

Monday 10th May 2021
quotequote all
So I have NEVER consider PCP or leasing or car etc as I have always bought cash/credit card etc.


However I am now open to the idea for various reasons and just getting my head around it all. Have been comparing a few options and just specced up a 3.0 supra and the deal is on at 0% and £349/month.

Appreciate the Guaranteed final value will have a big impact on whether this is a good deal but this does seem cheap as a monthly. Am I missing something here?

morrisk1

637 posts

250 months

Monday 10th May 2021
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If it's the offer on the Toyota website then you haven't shown the £11568 deposit?

https://www.toyota.co.uk/new-cars/supra/supra-pro-...

You can get a nearly new for around £45k now so a good saving. I'm keeping my eyes on them as I'd quite like to own one in a year or two.

Save Ferris

2,703 posts

220 months

Monday 10th May 2021
quotequote all
morrisk1 said:
If it's the offer on the Toyota website then you haven't shown the £11568 deposit?

https://www.toyota.co.uk/new-cars/supra/supra-pro-...

You can get a nearly new for around £45k now so a good saving. I'm keeping my eyes on them as I'd quite like to own one in a year or two.
What finance rate would you be getting on the £45k though?
The overall cost might be pretty close with the FDA and dealer discounts on a new one.

DrScott

4 posts

44 months

Friday 11th June 2021
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Anyone know of a good Toyota dealer offering a tempting discount on a new Supra on top of the current finance offers? Preferably North West, but happy to travel off not.

Cheers

Save Ferris

2,703 posts

220 months

Friday 11th June 2021
quotequote all
DrScott said:
Anyone know of a good Toyota dealer offering a tempting discount on a new Supra on top of the current finance offers? Preferably North West, but happy to travel off not.

Cheers
How much are thinking? Did you have a target figure at which you will place an order?

DrScott

4 posts

44 months

Friday 11th June 2021
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I was thinking as much under 50k as possible with metallic for the 3.0 Pro would be tempting to place an order in the next week.

Save Ferris

2,703 posts

220 months

Friday 11th June 2021
quotequote all
DrScott said:
I was thinking as much under 50k as possible with metallic for the 3.0 Pro would be tempting to place an order in the next week.
Most dealers (like where I work) will need a figure to work with, you’re looking for in excess of £5k off list.

If you said “I’ll place an order if you can get to £49,800”
I’ll ask the question for you!

(To give you an idea, I sold one last week at £51K and that was a strong deal!)

DrScott

4 posts

44 months

Friday 11th June 2021
quotequote all
Yes, I am looking to place an order. If I could get to £49,500 I would be happy to place the order tomorrow.

Is your dealership able to work with that figure?

Edited by DrScott on Saturday 12th June 10:55

Save Ferris

2,703 posts

220 months

Saturday 12th June 2021
quotequote all
DrScott said:
Yes, I am looking to place an order. If I could get to £49,500 I would be happy to place the order tomorrow.

Is your dealership able to work with that figure?

Edited by DrScott on Saturday 12th June 10:55
Just too far I’m afraid, the £2,000 finance deposit allowance is paid for by the dealer, so I have approx £4500 to play with in total, but I can’t do the discount plus the deposit allowance.

DrScott

4 posts

44 months

Saturday 12th June 2021
quotequote all
Ok. No worries, even a Carwow quote is coming in a few hundred over £50k, and presumably they are paying them their usual fee on top.

£50k is a psychological hurdle, and if as your £49800 sentence above was available, at least that would deal with that issue.

All the best

tozerman

1,201 posts

234 months

Monday 21st June 2021
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Save Ferris said:
Most dealers (like where I work) will need a figure to work with, you’re looking for in excess of £5k off list.

If you said “I’ll place an order if you can get to £49,800”
I’ll ask the question for you!

(To give you an idea, I sold one last week at £51K and that was a strong deal!)
This is correct, sales managers want commitment to buy..
As in if I can do that are you giving me a deposit now?

BlackZeD

801 posts

215 months

Friday 25th June 2021
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jjr1

3,027 posts

267 months

Saturday 3rd July 2021
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I am now looking at these but am more tempted by the used ones at £40k. I feel it is more suited to my needs than my current GR Yaris as I am doing big mileage at the moment.