If you can do that and then put what your monthly payments would have been into a separate "car account / Slush fund"
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Car buying finance options
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ronk
- Lifer
- Posts: 14227
- Joined: Tue Feb 24, 2009 11:50 am
- Location: Durham
Car buying finance options
If you can do that and then put what your monthly payments would have been into a separate "car account / Slush fund"
You don't stop playing when you get old - You get old when you stop playing!
So I bought a 35is with all the toys to play with.
So I bought a 35is with all the toys to play with.
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TitanTim
- Lifer
- Posts: 8065
- Joined: Sun Feb 12, 2012 11:21 pm
Car buying finance options
I know one or two people who have done it that way and have then received a tag/black mark put against their credit rating. Sounds crazy I know as I thought you had a cooling off period
Tim.
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IRD
- Senior Member
- Posts: 2651
- Joined: Sat Apr 15, 2017 5:41 pm
- Location: Lincoln
Car buying finance options
We bought a 330d Touring in 2017. We were offered a discount of £5000 on the rrp and a further £5000 if we took out some form of BMW finance. This we duly did, paying off the interest on the finance at the end of the first month. This amounted to about £600. So the total discount on the deal amounted to £9400, which I didn’t think was too bad. If you have the money cash is still a good way to pay.