Leon Mark 3 Financing Tips

[cilurnum]

Going to be doing a spot of test driving tomorrow (today?) and just wondered how people who already have a new Leon are financing it.

1. Did you buy from a dealer or elsewhere?
2. If from a dealer what deal did you manage to extract?
3. Did anyone use a broker and if so what was your experience?
4. Are you buying, leasing or hire/purchasing?
5. Tips, tricks pointers?

I'm looking to get a car I'm going to look after, enjoy and keep for a number of years with the colour and options I want. I'm not looking to change it as often as my T-shirts. A leasing scheme probably wouldn't suit me as I'll probably get to a point where I'd like my monthly payments to end and enjoy payment free motoring. Our loony new Canadian bank governor said it was fine to borrow and spend so we're probably going to get easy cash for a while longer.

 

[slo007]

Going to be doing a spot of test driving tomorrow (today?) and just wondered how people who already have a new Leon are financing it.

1. Did you buy from a dealer or elsewhere?
2. If from a dealer what deal did you manage to extract?
3. Did anyone use a broker and if so what was your experience?
4. Are you buying, leasing or hire/purchasing?
5. Tips, tricks pointers?

1. Dealer
2. 2,600 discount
3. Contacted Carfile which put me in contact directly with dealer; which then made me an excellent offer
4. Finance with Seat, 50% down, 0% APR (helps that my Golf is worth 49% of new car)
5. If you have a PX, use a broker that accepts PX (i.e Carfile), otherwise use Drive The Deal as they offer the best discounts.
* Get everything in e-mail so there is a paper trail. If they refuse, walk away.
* Consider cost of picking up car vs. having it driven to you or brought by lorry. In my case, 200 GBP is a good deal for a lorry to pick up my Golf and drop off new Leon.
* Remember that if you are factory ordering, the PX may lose value by the time new car arrives.

 

[cilurnum]

Yer, I've been running some numbers through Carfile and DtD. They're about the best intermediaries most seem to have good experiences with and I would then want to deal with a dealer.

Yes I do have a part exchange. Not a lot but will go some way to paying for the extras I'd like. Interesting about the part exchange losing value. I'll keep that in mind.

The 0% option is probably the best for me. PX can pay for part of it and you could even get a cheap loan to finance half. It's certainly attractive over three years.