what do you guys think to the boomerang scheme at motorpoint

[DELBOY]

after having a test drive in one(172) i decided to ask them about this scheme.

here it goes
£2500 deposit
36 monthly payments of £237
final payment of £5077

this is all full uk registered with alarm etc
cheers
delboy

 

[Infinicar]

Sod that.

Having to pay 5 grand after 3 years when the cars worth little more than that.....

Sorry, dont do any form of finance....

Surely you can see its a bit nonsensical?

Paul

 

[ChavyBoy]

Yerr Its a bit step.

Over 3 Years you pay £16109

Even if you give the car back and dont pay the £5077 you still pay £11032 for a car you dont own.

Not sound finance to me...

 

[Tim-Grove]

I pay:
£0 deposit
48 monthly payments of £301
final payment of £0

Tim.

 

[Tim-Grove]

Oh yeah and ill own the car when i finish.

 

[DELBOY]

HOW?

 

[DELBOY]

loan?

 

[Griff]

Probably called a "bank loan". Works out at £14k and a bit which including apr and paymwnt protection sounds about right.

Schemes like this "boomerang" scheme seem ok on paper but the dealers just prey on naive customers.

 

[Tim-Grove]

Yep, bankloan Natwest 9.9APR

 

[Tim-Grove]

on a 12k loan that is.

 

[Matbrown]

Cahoot, 7% on a flexible loan.

 

[Cliopatra]

If it is coming from motorpoint, I think you will find it wont have an alarm. They are imports and only come with what is put on at the Renault factory !

So take that into account when getting your Tesco loan !

 

[GR7]

Sounds like daylight robbery to me!

 

[DELBOY]

well ive just contacted my local renault dealer about the cup and if they do any sort of finance.
they do a thing called renault selections, overall for paying monthly i pay n extra £1000 and thats it.

 

[BenR]

i can give you 3.25% on hire purchase or 2.5% on leasing with no deposit. all over a period of 12-60 months.....but that means im making no comission at all!!!! but hey, for fellow clio owners!!! whats money...

 

[DELBOY]

mate if you can do that for me ill have one, just let me know what the monthly payments are etc.



cheers
delboy

 

[BenR]

haha....i can, but im afraid i sell cars in Hong kong.....unless you want it shipped over.....and out list prices are still more expensive then the clios over there......list is $159,900.....i can cut i down to 149,900 and include licencing fee (6000).....and if i rally need to shift stock....139K.....or if you pay the 159.....then i can change the colour of the car to anything you like free.

this is of course no use to u at all!!

sorry mate, i would if i could but i cant....as they say.

 

[BenR]

haha....i can, but im afraid i sell cars in Hong kong.....unless you want it shipped over.....and out list prices are still more expensive then the clios over there......list is $159,900.....i can cut i down to 149,900 and include licencing fee (6000).....and if i rally need to shift stock....139K.....or if you pay the 159.....then i can change the colour of the car to anything you like free.

this is of course no use to u at all!!

sorry mate, i would if i could but i cant....as they say.

 

[ak_uk]

Amex loans 7.4% for Amex Card holders (1% discount), £386/month 36 months 12.5k - totally flexible.

ak