Originally Posted by Reecie
Has anyone been tempted by the ex-demo cars that seem to be in the used market?
No quite sure if this is quite the right place for a secondary question but anyway. We've always bought our cars outright. With this being the price it is that is more of a stretch. What kind of deals are people seeing to finance their X3?
BMW Finance at 3% on up to £20,000 was on the table.
I also use interest free balance transfer credit cards over 3 years. It's always much better than any short term loan deal in my experience because the handling fee is 2.5%-3.0% and interest free period is at least a year so you pay less than 3% pa. You will probably need a 900+ credit rating to get enough credit (depending on how much you need to borrow). And if you shift the balance from a purchase card that has cashback the real interest cost can be nearer 2% pa.
If you don't want the hassle, there's always hire purchase. Somewhere like lingscars maybe.