Cost of Change

[Strat]

I'm tempted by a Rocco R but i dont really want to get too involved with a dealer if it all turns out too expensive so thought id gauge the cost of change from the wealth of experience here before making any serious enquiries!

From people's experience, can anyone tell me the sort of monthly payments £10,000 on finance would work out at? Iv never used the finance option (largely coz iv only ever bought one car!) so any experience with this would be helpful!

Thanks! 

[winrya]

Take a look at http://www.moneysupermarket.com/loans/ it will tell you all you need and you can adjust how long, how much etc

[B3n]

What term you looking at?

[stealthwolf]

Depends on how what period of time and what monthly repayments you want. A bank loan wouldalmost always work out cheaper than car finance.

[Rhys]

10k loan over 5 years is about £200.

[Poverty]

try this

http://www.verdictoncars.com/jsp/vocmain.jsp?lnk=600

[Poverty]

10k loan over 5 years is about £200.

yep and over 36 months at 6% apr  is 303 pounds.

[Saint Steve]

I'm tempted by a Rocco R but i dont really want to get too involved with a dealer if it all turns out too expensive so thought id gauge the cost of change from the wealth of experience here before making any serious enquiries!

From people's experience, can anyone tell me the sort of monthly payments £10,000 on finance would work out at? Iv never used the finance option (largely coz iv only ever bought one car!) so any experience with this would be helpful!

Thanks!  

About £250 for 5 years approx, depending on APR

[DanoGTI]

IF , of course, you can get finance!!

Good luck either way

Dan

[tony_danza]

Don't be drawn in by headline offers of 6% and the like, most people are going to get double figures when it actually comes to the offer once accepted.

Might be worth looking at a PCP? Beat them down for the lowest possible deposit/APR and bank the money in your current car.

[Strat]

cheers people! gives me an idea of what i need to work with!

[B3n]

Check this at your dealer but i think VW have a 7.9% offer on PCP for the rocco at the mo.

[Frodo-anni]

personal loan rates best ive seen is alliance & leicester at 8.9%, but then it all depends and can vary when you make an application

[candy turbo]

i aways try to buy my cars out right but if i did nt finance can cost less than bank loans nowadays , pcp s are ok but you cant do nothing to the car mods wise cause basically you are only hiring it , remember too that in the first 5years the value of the car will lose the £ 10 k you lend so monthly payment is cost to own car     just my opinion of corse

[Aparoon]

I looked into a pcp when I got my car, they wanted 16k, I looked at 3k deposit which initially meant 305quid a month over 3yr, didn't want to pay that and they got it down to 258 a month with no increase in deposit or term lenght! Bought it outright in the end...