S3ENVY Posted April 20, 2007 Report Share Posted April 20, 2007 I've just come back from my local stealers where I've finalised my spec, comes in at £34242!!! Anyway, was wondering if somebody in the know may be able to look at the figures and assess whether I'm being shafted or not and what I should be looking at? Guy helped me out loads when I was deciding what finance packages to go for and I've decided a Lease Purchase suits me best over 48 months. The figures are as follows: £34242 Vehicle £524 GAP Insurance £404 Tyre Insurance £210 Exise £50 Reg Fee Total: £35430 Finance Package: 48 Months £3000 Deposit (8.47%) £32,430 Financed £616.24 Per Month Optional Final Payment of £13105.25 Intrest is 4.14% flat apparently. Also, what should I be looking for in terms of discount, either money off, options or GAP insurance, etc.... as it's fully loaded with everything you can think of! Thanks people! Link to comment Share on other sites More sharing options...
edo Posted April 20, 2007 Report Share Posted April 20, 2007 Gap insurance should be half that - is it gap to invoice or just fianance gap? Link to comment Share on other sites More sharing options...
S3ENVY Posted April 20, 2007 Author Report Share Posted April 20, 2007 It's GAP to invoice as far as I know. Link to comment Share on other sites More sharing options...
AZURES3 Posted April 20, 2007 Report Share Posted April 20, 2007 Blimey I thought mine was bad at £32K, what is your full spec guess you went for the Buckets and TV option too ? AZ Link to comment Share on other sites More sharing options...
S3Rob Posted April 20, 2007 Report Share Posted April 20, 2007 Much as I love the S3 are you sure you don't want a 335i at that price? Link to comment Share on other sites More sharing options...
S3ENVY Posted April 20, 2007 Author Report Share Posted April 20, 2007 Yep, went for the buckets as I'm very slim and slide around too much otherwise! No TV option but adaptive lights, heated front and rear seats, phone prep etc. Link to comment Share on other sites More sharing options...
AZURES3 Posted April 20, 2007 Report Share Posted April 20, 2007 Nice spec mate, what colour etc ? AZ Link to comment Share on other sites More sharing options...
S3ENVY Posted April 20, 2007 Author Report Share Posted April 20, 2007 Silver AZ, I was thinking about white with black optics but my salesman wont let me! TBH, I'm not a huge fan of BMWs Rob, I can appreciate that it's a great machine but it's too much car for me at the moment and a little to thirsty for the driving I do. Link to comment Share on other sites More sharing options...
Maxyboy Posted April 20, 2007 Report Share Posted April 20, 2007 give the salesman a smack and do it, that sounds nice, but, damn thats alot of money. Link to comment Share on other sites More sharing options...
AZURES3 Posted April 20, 2007 Report Share Posted April 20, 2007 [ QUOTE ] Silver AZ, I was thinking about white with black optics but my salesman wont let me! TBH, I'm not a huge fan of BMWs Rob, I can appreciate that it's a great machine but it's too much car for me at the moment and a little to thirsty for the driving I do. [/ QUOTE ] Nice I know where Rob is coming from as the 335i is a beast and places like drive the deal will get you a good one for £34k. Dont underestimate the thirst of the S3. Great car and I love mine but much over what I paid and some serious hardware is in range. That said I am not a huge BMW fan due to the dashboard AZ Link to comment Share on other sites More sharing options...
S3Rob Posted April 20, 2007 Report Share Posted April 20, 2007 Fair play, it sounds like an awesome spec. That'll give the factory something to think about!! Silver S3 was behind me on the A3 the other day with it's DRL's on. Looked very menacing Link to comment Share on other sites More sharing options...
S3ENVY Posted April 20, 2007 Author Report Share Posted April 20, 2007 Any thought's on the finance deal then? Link to comment Share on other sites More sharing options...
S3Rob Posted April 20, 2007 Report Share Posted April 20, 2007 Just looking at your pricing: Tell them you're not paying more than £300 for GAP, can probably get it for less than this though. Tyre insurance? I have no idea whether that's a rip or not but you would have to be a bit unlucky wouldn't you? Or is it lifetime or something? Cost of car £34,242. I would suggest £33,750 is achivable, if not more Link to comment Share on other sites More sharing options...
S3ENVY Posted April 20, 2007 Author Report Share Posted April 20, 2007 I've got the tyre insurance on my current S3 and I've used 4 tyres already....the insurance is also the reason my car has to have it's tyres changed at Kwik-Fit which in turn is the reason why it is in a body shop having repairs to the sill where a tyremonkey incorrectly positioned a jack! Link to comment Share on other sites More sharing options...
Jamiekip Posted April 20, 2007 Report Share Posted April 20, 2007 As above - you should be able to get 3% off the cost of the car. GAP is worth it, but you can get it cheaper yourself - maybe an option???? Have you considered ordering your car through an alternative provider??? I used freeway and they were fantastic. They got me 3% off the car, free GAP, maintenance cover (so all road tax licence, servicing, tyres, brake pads etc) are included in my monthly price. 3 years 15000 miles a year £570(ish) a month Final car (with dicount) cost £29,750 Final payment £11,650 Link to comment Share on other sites More sharing options...
edo Posted April 20, 2007 Report Share Posted April 20, 2007 If you have put Nav on, dont. They charge 2100, you can get a unit for 500 and sell the standard 2 din stereo for 100-150. Link to comment Share on other sites More sharing options...
prt57 Posted April 20, 2007 Report Share Posted April 20, 2007 I used this company for GAP http://www.surfandprotect.com/ I have 4 years new for old at a much lower price than you have been quoted. Ring up for an even better deal. prt Link to comment Share on other sites More sharing options...
james1978 Posted April 20, 2007 Report Share Posted April 20, 2007 can anyone tell me the website address of freeway,I cant seem to find them. Thanks. Link to comment Share on other sites More sharing options...
james1978 Posted April 20, 2007 Report Share Posted April 20, 2007 Doh,Just found it,www.freewaycars.co.uk,If anyone else is intrested Link to comment Share on other sites More sharing options...
Cupramax Posted April 20, 2007 Report Share Posted April 20, 2007 [ QUOTE ] Interest is 4.14% flat apparently. [/ QUOTE ] I cant belive no ones mentioned this yet, never accept a loan quoted on flat rate, this will equate to over 8% APR hence why dealers alway quote flat, dont forget they are legally bound to quote you the APR. You can still get loans at just over 6% especially with the amount your quoting. It sounds to me like your friendly dealer has you bent over and ready to shaft. Link to comment Share on other sites More sharing options...
Chav Posted April 20, 2007 Report Share Posted April 20, 2007 [ QUOTE ] I've just come back from my local stealers where I've finalised my spec, comes in at £34242!!! Anyway, was wondering if somebody in the know may be able to look at the figures and assess whether I'm being shafted or not and what I should be looking at? Guy helped me out loads when I was deciding what finance packages to go for and I've decided a Lease Purchase suits me best over 48 months. The figures are as follows: £34242 Vehicle £524 GAP Insurance £404 Tyre Insurance £210 Exise £50 Reg Fee Total: £35430 Finance Package: 48 Months £3000 Deposit (8.47%) £32,430 Financed £616.24 Per Month Optional Final Payment of £13105.25 Intrest is 4.14% flat apparently. Also, what should I be looking for in terms of discount, either money off, options or GAP insurance, etc.... as it's fully loaded with everything you can think of! Thanks people! [/ QUOTE ] Why not buy an S4 instead? Better engine, proper quattro and an S4 isn't that much bigger/heavier as all audis are like bricks. you'll need less extras on the S4 which you're just wasting money on IMO with the S4. (hence their very shitty final payment of £13K. ouch!!) Also why a £3000 deposit? I think you should either plough in £15K+ deposit to cover depreciation, or just pay the min. deposit (£500) and have the payments a few quid more and keep the £2.5K in your own bank! Or pay enough deposit so the loan amount is <£25K (giving you extra credit rights) I'd get a discount too. 5-10%. Also GAP costs the dealer £200 or thereabouts. so get them to throw it in at cost or for nothing. get the APR reduced also Link to comment Share on other sites More sharing options...
Chav Posted April 20, 2007 Report Share Posted April 20, 2007 Then after you've done all that, ring at least 3 other dealers from different parts of the country and tell them the exact spec car you want, the exact finance package and how much a month can they do it for - and tell them if the price is right, you'll buy it on the spot. 35K is a lot of money, so its worth spending an extra hour or two haggling hard with some stealers. there's always a dealer that's willing to offer a bit more discount for an easy sale (no legwork, test drive bollox or delays etc) Link to comment Share on other sites More sharing options...
gizze Posted April 20, 2007 Report Share Posted April 20, 2007 Wow! That is nearly £200 a month more than my 335i m-sport with a grand more deposit! PM me tomorrow and I will remember to look at the figures. I pay £6 a month for return to invoice insurance, £500 for gap? they are having a laugh. Link to comment Share on other sites More sharing options...
cabboy Posted April 20, 2007 Report Share Posted April 20, 2007 No way you should pay that for GAP. Get a quote online and the stealer should match it (mine did without even raising an eyebrow). When asking for interest rates, don't look at the flat rate, ask for the APR as this is the only way you can compare deals. If the dealer won't tell you the APR you're being shafted. CB Link to comment Share on other sites More sharing options...
D1MAC Posted April 21, 2007 Report Share Posted April 21, 2007 Agree with everyone else - stealer is having a Turkish with that GAP figure (and the flat rate FWIW - at least 1% should be coming off the APR equivalent). Try this for GAP - Hitachi Capital GAP -- 3 years £20k (which should be all you need) for just under half the stealer quote - no mods allowed though Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now