Supra Financing

Ursicles

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Folks,

I was planning to buy my supra on finance through Toyota as was told GFV would be circa £35k after 3 yrs when speaking to the product manager at Thruxton.

Turns out its going to be closer to £30k - which on financing makes a rather large difference!

Has anyone here made a finance application, or been approached by Toyota re one as be good to get some definitives as to whether I can afford the car - as £5k down and £700 a month is utter ridiculous when a new M2 is costing me £5k plus £450 (both over 4 yrs) with the M2 GFV being £23k.
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scoates

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That's insane that it is cheaper with a lower GFV. Something doesn't seem right... Is it a much lower interest rate?

I'm planning to put 15k down which will get the payments to around £450. If they're planning yearly upgrades like they've stated might be worth keeping on PCP and upgrading every couple of years.
 
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Ursicles

Ursicles

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The interest rat at BMW is 4.9% - and that's actually higher than it was last quarter where it was 2.9%!
 

scoates

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2.9 that's insane! Were you quoted on the 2.9? Sounds more like that as with just a 1% difference on interest but a GFV 7k lower and same deposit. Unless the M2 is considerably more than that cheaper? I always thought they were around £49k so not too much of a difference to give that much of an overall cost difference.
 

J_Orr

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