PCP deals are now 0% APR

[Walpurgis]

I see that SEAT has now reduced the APR on its PCP financing packages for FR and Cupra models to 0% - the same as hire purchase has been for a while (but without the 50% deposit requirement). For S and SE models the PCP APR is 2.9%.

They seem to have ended the fixed-price servicing deal for PCP buyers.

And it also looks like the £1,000 deposit contribution from SEAT is no longer available on PCP deals.

 

[italianjob]

Looks like the FR is missing?!?

 

[Famandy1]

Looks like SEAT have taken away the £1,000 deposit contribution though and made it 0% instead, so swings and roundabouts depending how much you are financing?

 

[twitchynik]

0% compared to their previous rate of 5.9% is a massive difference.

Try pcpcal.co.uk and see for yourself.

27000 (DTD price with monsoon grey, Link and Black Line) with the 1000 Seat contribution over 36 months and a GMFV of 11500 (as quotde by a Seat dealer) at 5.9% is around £500 a month

27000 with no deposit and same GMFV and 0% is around £430

£70 x 36 = £2520. Nearly 10% of the cars price.

It's almost made my mind up. Almost..!

 

[StylancePaul]

0% compared to their previous rate of 5.9% is a massive difference.

Try pcpcal.co.uk and see for yourself.

27000 (DTD price with monsoon grey, Link and Black Line) with the 1000 Seat contribution over 36 months and a GMFV of 11500 (as quotde by a Seat dealer) at 5.9% is around £500 a month

27000 with no deposit and same GMFV and 0% is around £430

£70 x 36 = £2520. Nearly 10% of the cars price.

It's almost made my mind up. Almost..!

I'm pretty sure they will have made it up in the base car prices.

 

[BigG.S-O-T]

Hi, I'm new to this forum thingy although been reading this forum for about 2months now as i'm about to take delivery of a seat leon fr 1.4 150 act anytime. Would this deal benefit me more than the £1000 deposit contribution as when i use the pcp cal, It just keeps sayin £0 pm lol. The car is £20000 ive put £1150 down so £2150 with seats contribution and the payments are £263 a month? So would the 0% pcp help me in any way?.

 

[StylancePaul]

I was told that it needs to be charged at MY16 pricing to be eligible for the 0%, so on my Cupra I'm better off staying with the deal I've already got.

If in doubt check with your dealer, they can very quickly run the numbers.

 

[BigG.S-O-T]

Right, thanks for that. Looks like i need I need a chat over the numbers anyway as on that pcp cal the monthly payments are coming back at 240ish mark even with seats 5.9% on a pcp.

 

[JK1]

Interesting, annoying though that the finance calculator is missing everything beyond the 'S' and 'SE' models.

I've always bought on a normal loan fully paying it off after 3 years, that large final payment makes me nervous, even if handing the car back would pay it off.

 

[AndyGrey]

On the Seat website you need to press the Special Offers link at the end of the Grey bar/Menu near the top of the screen.

On the page that's then displayed you then need to click on the Explore Our New Car Offers > link.

And then on the Left of the screen is a list of all the new Offers including the Leon Cupra 0% deal.