Finance your rs3

[nshort10]

Hi guys

I have spoke to my Audi dealer today and they have said my car is in the depot still under cover which is good news. But because I am away on business just now I can't take delivery until my return in July/August.

I was wondering who did some off you use for your finance and what prices should I expect to pay a month. My rs3 is coming in at £45k.

Any help would be good!

Cheers

[Dave_Hedgehog]

depends what you are after, cheap monthly's or low cost of interest

the cheapest way to finance it would be to stick it on the house for 5 years, only 3% interest rate but a tonne of hassle

i avoided a pcp bubble as i want to keep the RS3 beyond 3 years (doubt there will be another one like it soon)

audi wanted 11% arp!! for a direct 5 year finance

in the end i found that getting 2 seperate loans of upto 15k each got the rate down to around 6.8% apr

going from 11% to 6.8% on 30k over 5 years saves 4 grand !

[n5tews]

£40k car - £8k deposit, £455.55 x 47 mths. Balloon £16555 APR 6.5%.

[Adams RS]

I could only get Audi down to 8% so a personal
loan come in cheaper.

As said above home owner loan will be the lowest APR but stuck to paying it off over 5 years

[nshort10]

Cheers guys Audi were giving me a price of £720pcm with £2000 deposit over 4 years pcp I think. Which wasn't too bad. Not putting a large deposit down as we are moving house end of July.

[SteveCuz]

Had an offset mortgage and the facility was already there. Took seconds and because my mortgage is so low the interest is only costing me £40 per month.

Steve

[funkygibbo]

I was not going to take out a loan for my car as money was in bank earning naff all interest and I made that very clear to the sales guy.

However the Audi business manager was very keen to get me to take out finance and eventually came back with 6.1% APR plus 2 years free servicing.

So put down 50% as deposit got the rest on finance and the free servicing near enough covers the cost of the interest charged.

Always remember they want to loan you money it's a big part of their business, they are not doing you some sort of favour, so haggle hard.