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Scotnoob



Member Since: 10 Jan 2021
Location: Scotland
Posts: 25

England 
I'm seeing a lot of autotrader ads with second hand cars with 2-3k discount calling it a bargain.

I guess there is just no deals right now better than 2-3 k off brand new. A few better is a 4 pot with shed loads of options in some cases.


I just found a great car on Auto Trader:
https://www.autotrader.co.uk/car-details/202102038644825
Post #884355 10th Feb 2021 10:40am
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018

United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Scotnoob wrote:
I guess there is just no deals right now better than 2-3 k off brand new. A few better is a 4 pot with shed loads of options in some cases.



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Post #884481 10th Feb 2021 5:49pm
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Scotnoob



Member Since: 10 Jan 2021
Location: Scotland
Posts: 25

England 
Yeah all of those deals just mitigate the options and older engines a bit.

Not sure many would have paid 70k for an se!
Post #884505 10th Feb 2021 6:36pm
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018

United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Scotnoob wrote:
Cheapest so far was second hand d240 se which came To 580pm with 5k down, 3 years at 10k per year.


Less miles but well within other criteria:





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https://www.hippoleasing.co.uk/personal-le...-3dr-auto/
Post #884731 11th Feb 2021 2:26pm
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Scotnoob



Member Since: 10 Jan 2021
Location: Scotland
Posts: 25

England 
That's the best lease deal I think I've seen!!

Still, not for me and I don't think I'll get what I want before April.

Defender 90 or 110
Blue green or maybe silver with contrast roof
Plastic wheel arches, mud flaps and side steps

Any trim but s would be nice with steel wheels

5k down 36 months 550 per month

Think I need to wait a year or so.
Post #884745 11th Feb 2021 4:14pm
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018

United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Isn't it just about that now?


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Post #884751 11th Feb 2021 4:57pm
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Scotnoob



Member Since: 10 Jan 2021
Location: Scotland
Posts: 25

England 
Yeah probably more like 600 with the options. Don't really want a white one.

Still, it's given me food for thought !
Post #884761 11th Feb 2021 5:30pm
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jim4244



Member Since: 13 Apr 2014
Location: Bedfordshire
Posts: 641

England 1998 Defender 90 300 Tdi CSW Epsom Green
I think that dealerships have to review the APR on their PCP deals. I seem to remember that back in 2008 when we had the last financial crash LR were offering 0% finance?

Jim
Post #884873 12th Feb 2021 8:10am
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Scotnoob



Member Since: 10 Jan 2021
Location: Scotland
Posts: 25

England 
Very much depends on the product. I would say premium makers are worse but Dacia charges 7 percent iirr.

Where it gets really bad is second hand pcp. The standard seems to be 10 but you rarely see it lower than 7.9 which can be killer on 40k plus cars.

This is why I'm trying out my own bank this time round. They do 4.5 on pcp, 4.3 on hp and 2.3 on normal unsecured loans up to 30k.

My father in law got a 0 percent hp on his budget nearly new car from a 3rd party dealerships but you need to be wary of those offers. Often they make up the money elsewhere like simply adding more to the price of the car.

At the end of the day, this is how they make money now as the margins on cars -- especially second hand -- are so low. Either that or paint protection, gap and other guff. If you take away finance then they need to make money elsewhere.
Post #884875 12th Feb 2021 8:29am
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018

United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
jim4244 wrote:
I think that dealerships have to review the APR on their PCP deals. I seem to remember that back in 2008 when we had the last financial crash LR were offering 0% finance?Jim

Well they have form for doing this recently in US:

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And less recently in UK:


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Post #884876 12th Feb 2021 8:38am
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DSL



Member Since: 20 Aug 2007
Location: Wandering the wasteland.
Posts: 837

United Kingdom 
So how does this work? A D200 S with a bit of colour and ugly kids glass is £50,715.


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But this one is £55,195, discounted to £52,855. I can’t see anything else added.


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Not such a good discount! Shocked Shocked

PS Even an SE with those options is less than that, £54,085. Confused

PPS It has a removable tow bar so add £780 on. Whistle
Post #885045 12th Feb 2021 6:44pm
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018

United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
I struggle with the pricing in the UK. It has to be deliberate.

Why can't we have the paperwork that goes into a US model ~ line item detail with all associated costs.



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Post #885054 12th Feb 2021 7:33pm
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DSL



Member Since: 20 Aug 2007
Location: Wandering the wasteland.
Posts: 837

United Kingdom 
Interestingly starting to see a fair few D240s in the mix at the same price(ish) as the D200 equivs. And with quite good extras in there, well for moi anyway. Thumbs Up
Post #885643 15th Feb 2021 12:39pm
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J77



Member Since: 04 Nov 2019
Location: Fife
Posts: 3258

Scotland 
Whilst not massive in the grand scheme of things, the dealer has knocked £1000 off the price of mine, without me asking.

That’s what buying 11 LRs over the years gets you Rolling Eyes Laughing 24MY 90 D250 HSE, Tasman Blue
Post #886074 17th Feb 2021 10:50am
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DSL



Member Since: 20 Aug 2007
Location: Wandering the wasteland.
Posts: 837

United Kingdom 
They don’t give away nowt for nowt, be sitting down for the next phone call from him! Laughing Laughing
Post #886076 17th Feb 2021 10:53am
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