Finance rate "under review"

[jimbobc]

What was the original rate 5.9%?

 

[Lots_Of_Trouble]

are you going to continue answering your own thread, or can someone else have a moan? haha
Im guessing this rate is not the highest of the car companies.... BMW higher? Porsche?
If so, then can complain, but well..... could be and will no doubt be worse next year.
Hope your car gets to you before it goes up again...!

I did tell you I was going to be the new Leonard.

It's OK,rant over.

Moan about rate hike/delay-look for alternatives on autotrader-acknowledge nothing else tickles my fancy -Repeat....

I've done this at least 4 times since waiting for this car....
Nearly there..

 

[Lots_Of_Trouble]

What was the original rate 5.9%?

Yes .
It's still lower than most others,I'm just having a moan

 

[Tonyshepp]

Leonard advised me to day Lotus's interest rate on PCP has gone up by 1% to 8.9%.

 

[Magicman]

Leonard advised me to day Lotus's interest rate on PCP has gone up by 1% to 8.9%.

Think that's me done

 

[Tonyshepp]

Think that's me done

I don't need finance, however I'll seek to delay my order or swap to an I4 until I know more about the economy, deprecation on Emira's, how the servicing and fault fixing is going, and also how well the I4 is received.

 

[Magicman]

I don't need finance, however I'll seek to delay my order or swap to an I4 until I know more about the economy, deprecation on Emira's, how the servicing and fault fixing is going, and also how well the I4 is received.

I'm not wanting to put more than 20-25k in at the moment and just don't fancy commiting to a high ish Apr for the next how ever many years, certainly on a new car, used cars will adjust accordingly i believe. Definitely needs some thought but either cancel and buy something 30k cash to ride it out or take delivery and go for a quick list +5k flip. I could stomach it more if this was when I was getting the car all along but in my original delivery date the finance was 3% lower, its like punishment for lotus incompetence

 

[Lotustoronto]

Leonard advised me to day Lotus's interest rate on PCP has gone up by 1% to 8.9%.

@Leonard did he say he would be re-joining us anytime soon? Kinda miss him, @emiraspain I know misses him.... haha.

 

[Jonhklee]

I don't need finance, however I'll seek to delay my order or swap to an I4 until I know more about the economy, deprecation on Emira's, how the servicing and fault fixing is going, and also how well the I4 is received.

That’s wise and many will be in the same position. I’m financing it with alternatives, so lower Apr is still possible. But if that’s the case, there’s a tempting selection of low mileage cosseted performance cars at a much lower point in the deprivation curve.

 

[emiraspain]

That’s wise and many will be in the same position. I’m financing it with alternatives, so lower Apr is still possible. But if that’s the case, there’s a tempting selection of low mileage cosseted performance cars at a much lower point in the deprivation curve.

By the way...
NImbus, Sport (for heaven sake!), Tan, hairs get everywhere, and concentrate..
To answer your questions, although I fear its way too late and you have gone DV... hope not

 

[Jonhklee]

By the way...
NImbus, Sport (for heaven sake!), Tan, hairs get everywhere, and concentrate..
To answer your questions, although I fear its way too late and you have gone DV... hope not

 

[emiraspain]

I love it, I would happily do that, if it didnt cost about 5/6k .... it looks great IMO.... live life on the edge....

 

[Tonyshepp]

@Leonard did he say he would be re-joining us anytime soon? Kinda miss him, @emiraspain I know misses him.... haha.

Not sure depends if we encourage him back with niceties

 

[fatjase]

are you going to continue answering your own thread, or can someone else have a moan? haha
Im guessing this rate is not the highest of the car companies.... BMW higher? Porsche?
If so, then can complain, but well..... could be and will no doubt be worse next year.
Hope your car gets to you before it goes up again...!

BMW 8.9% but don't know about Porsche.

 

[Toomanyloti]

I was in JCTs last week and I asked about PCP rate as its time to order 'some more taycans'. I think he said it's 10.6 now with another hike probably this month (Dec)

 

[grahamgreen]

No doubt cash buyers here albeit don’t know many cash buyers that put all their cash into cars and also finance.

Makes me feel less “poor” knowing this. I’ve hung in there like many now for a long time and with i4 delivery July23 wonder what rates will shift too. May come a time where hands are forced. £15k in now over £700 month. Sure this was originally £500ish

 

[Magicman]

BMW 8.9% but don't know about Porsche.

A friend with an m3 touring due feb/March has just locked his finance in at 7.9 with bmw.