Is this customer deposit the deal of the century

really tempting me or am I missing something ??

£349 PER MONTH
ON BMW SELECT FINANCE
Model 520d M Sport Auto Saloon Term of agreement 48 47 monthly payments of £349.00 On the road cash price* £36,490.00 Customer deposit £33,999.00 Dealer Contribution £5,235.37 Total Deposit £9,234.00 Credit Fee £0.00 Amount of credit £27,255.63 Option to Purchase £10.00 Final Payment £14,932.00 Total Payable £40,569.37 Rate of Interest 4.9% Representative APR 4.9% Excess Mileage (Pence per mile) 10.20 Contract Mileage 32,000
Offer Terms and Conditions

Finance example is for a BMW Select agreement for a new BMW 520d M Sport Auto, with a contract mileage of 32,000 miles and excess mileage charge of 10.20p per mile. Applies to vehicles ordered between 1st April 2014 and 30 June 2013 and registered by 30 September 2014, (subject to availability). Retail customers only. *On the road cash price is based on manufacturer’s recommended retail price and includes 3 year BMW Dealer Warranty, BMW Emergency Service, 12 months’ road fund licence, vehicle first registration fee, delivery, number plates and VAT. ^Optional final payment and option to purchase fee not payable if you opt to return the vehicle at the end of the agreement (vehicle condition, excess mileage and other charges may be payable). **Credit arrangement fee payable with first monthly payment and credit completion fee payable at the end of the agreement. Finance available subject to credit acceptance to UK residents aged 18 or over. Guarantees and indemnities may be required. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. ‘BMW Select’ is a form of hire-purchase agreement provided by BMW Financial Services (GB) Limited, Bartley Way, Hook, Hampshire RG27 9UF. We commonly introduce customers to BMW Financial Services, for which we may receive payment if you enter into an agreement with them. This introduction does not amount to independent financial advice.

- See more at: http://www.halliwelljones.co.uk/bmw-offers/details/bmw-520d-finance-offer#sthash.02gXechM.dpuf
 
bradmarsh1989 said:
If it's written on their website it's legally binding :D

They will claim it's a 'Cledge' which is obviously not binding and can be broken immediately (Political, sorry just been doing the sprogs Student Loan forms :x )
 
Ewazix said:
bradmarsh1989 said:
If it's written on their website it's legally binding :D

They will claim it's a 'Cledge' which is obviously not binding and can be broken immediately (Political, sorry just been doing the sprogs Student Loan forms :x )
Seeing as it's the customer deposit that's down as £33,999 - I'd think the dealer would be quite happy if anyone tried to hold them to it... :lol:
 
PerryGunn said:
Ewazix said:
bradmarsh1989 said:
If it's written on their website it's legally binding :D

They will claim it's a 'Cledge' which is obviously not binding and can be broken immediately (Political, sorry just been doing the sprogs Student Loan forms :x )
Seeing as it's the customer deposit that's down as £33,999 - I'd think the dealer would be quite happy if anyone tried to hold them to it... :lol:

Good job I don't work in finance :oops:
 
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