dreamland costs

Author
Discussion

vodkakid

Original Poster:

1,076 posts

278 months

Monday 13th October 2003
quotequote all
just wondered if any of you have bought your 350 on finance? if so would anyone mind telling me what the monthly costs are like, at the dream stage where i may say bugger the costs and get one

widjit

121 posts

252 months

Monday 13th October 2003
quotequote all
May not be applicable - but have you considered offset finance from a bank or building society? (loan interest offset against current or savings account). Currently saves me about £80/month, over 5 years - £4,800!

T88CAN

3,474 posts

263 months

Monday 13th October 2003
quotequote all
Far to many variables involved like deposit,term,and type of contract, go and have an informal chat at you dealer he wont bite(yeh arm off)

RichB

52,583 posts

290 months

Monday 13th October 2003
quotequote all
Well it can't be difficult to work out how much deposit you can afford, subtract this from £40k and look on the net for repayment tables for the remainder over various 36/48/60 monthly plans. Rich...

vodkakid

Original Poster:

1,076 posts

278 months

Monday 13th October 2003
quotequote all
well ill have my griff to hand in should be worth about 12-15k

raceboy

13,250 posts

286 months

Tuesday 14th October 2003
quotequote all
vodkakid said:
just wondered if any of you have bought your 350 on finance? if so would anyone mind telling me what the monthly costs are like,

Well this should give you a rough idea, it's based on a £20k deposit though
www.pistonheads.com/sales/detail.asp?i=14654&sc=W9SX&s=267

Plotloss

67,280 posts

276 months

Tuesday 14th October 2003
quotequote all
Based on a £38K purchase price

10% down for 3 years with a 50% balloon it works out to about £600 a month.

However its almost certain that you will be upside down at the end of the term unless the car is absolutely immaculate.

vodkakid

Original Poster:

1,076 posts

278 months

Tuesday 14th October 2003
quotequote all
bugger think i'll carry on dreaming for now, thanks for your answers!

davidd

6,521 posts

290 months

Wednesday 15th October 2003
quotequote all
If it is any help, when I bought my Griff (new).

It was about the following.

£35k for the car.

£8k up front
£400 ish per month
£17.5k baloon after three years

When I did the deal TVR residuals were really strong, after three years they had fallen through the floor!

D.