Best car finance?

gr4z · 08-04-2017, 07:52 AM

Hi chaps

My Mrs desperately needs a new motor and we are thinking about a <1 yr old 118i from a car supermarket.

As usual most finance deals with the dealers are pitiful. I have used Lombard in the past, can anyone recommend anyone else? Looking for around 10k on finance.

Cheers

creepy coupe · 08-04-2017, 07:56 AM

Nat west bank for me 3.9% on 9.5 bags. In my account next day.

gr4z · 08-04-2017, 08:02 AM

Quote:

Originally Posted by creepy coupe

Nat west bank for me 3.9% on 9.5 bags. In my account next day.

Ta. That's a good rate considering the supermarket quoted over 7%.

isleaiw1 · 08-04-2017, 08:03 AM

Quote:

Originally Posted by gr4z

Hi chaps

My Mrs desperately needs a new motor and we are thinking about a <1 yr old 118i from a car supermarket.

As usual most finance deals with the dealers are pitiful. I have used Lombard in the past, can anyone recommend anyone else? Looking for around 10k on finance.

Cheers

Main supermarkets were pretty good when I last looked. TSB also seem to be pretty competitive. and according to MSE M&S are doing good deals.

You should be able to get 3% ish or slightly less....

creepy coupe · 08-04-2017, 08:04 AM

I couldn't find lower without admin charges at the time of looking 6 weeks ago.

MrChumley · 08-04-2017, 08:08 AM

Sign up for credit matcher first - some of the supermarkets have very strange lending criteria.

I applied to Sainsbury's, got rejected and my Experian score went from 999 to less than 800. When I used credit matcher, it said 0% chance of acceptance by Sainsbury's - no idea why. Tried Tesco and got the loan straight away.

creepy coupe · 08-04-2017, 08:49 AM

Don't bother with Sainsbury's. I applied @ 3.2% and got accepted at 6.2%. Phoned them and they couldn't give me a valid reason for the hike in %. Even though I had a 998 credit score. Wankers.

454697819 · 08-04-2017, 09:08 AM

who do you bank with, generally their rates are close enough for convenience sake to stick with them.

gr4z · 08-04-2017, 09:52 AM

Quote:

Originally Posted by 454697819

who do you bank with, generally their rates are close enough for convenience sake to stick with them.

The other 'alf is with Nationwide. Just looked at their site and they are offering some good deals. Thanks all.

454697819 · 08-04-2017, 10:33 AM

Quote:

Originally Posted by gr4z

The other 'alf is with Nationwide. Just looked at their site and they are offering some good deals. Thanks all.

had a number of loans from Nationwide - always fair and helpful so far - mind, to release the funds they need a signed copy of the form which has to be posted which takes time - so secure the finance before committing to a collection date.

isleaiw1 · 08-04-2017, 04:12 PM

You can get 4.2% on a Porsche via Clydesdale if you want to treat her...

ajfoggy · 08-04-2017, 04:16 PM

mines at 5.9 via Santander.

AndyEssex330d · 08-05-2017, 03:44 AM

Quote:

Originally Posted by MrChumley

Sign up for credit matcher first - some of the supermarkets have very strange lending criteria.

I applied to Sainsbury's, got rejected and my Experian score went from 999 to less than 800. When I used credit matcher, it said 0% chance of acceptance by Sainsbury's - no idea why. Tried Tesco and got the loan straight away.

I had exactly the same... my credit score is very good and was being pre-accepted for many loans etc, applied for a Sainsburys credit card and got a flat out no...

then went on to get a mortgage, two new cars etc no problem?!

AndyEssex330d · 08-05-2017, 03:46 AM

Depending on the number of bags required (money not drugs...different thread) - I have a loan with Zopa. They are brilliant, easy, online, next day funds, and 3%...

savgeax · 08-05-2017, 06:04 AM

Zopa did a good deal for me a couple of years ago. Its about 3% at the moment.

08-04-2017, 07:52 AM	#1
gr4z Colonel 1135 Rep 2,808 Posts Drives: i4 e40 Join Date: May 2008 Location: Stamford iTrader: (0)	Best car finance? Hi chaps My Mrs desperately needs a new motor and we are thinking about a <1 yr old 118i from a car supermarket. As usual most finance deals with the dealers are pitiful. I have used Lombard in the past, can anyone recommend anyone else? Looking for around 10k on finance. Cheers __________________ Current: G26 i4 M Sport Pro, Tech Pk, Sunroof Previous: 2016 440i MPPSK, 2014 330d Saloon F30, 2013 Audi S4 Avant, 2011 Mercedes C350
	Appreciate 0 Tweet Quote

08-04-2017, 07:56 AM	#2
creepy coupe Lieutenant General 1868 Rep 13,043 Posts Drives: BMW M340I G20 Join Date: Aug 2007 Location: UK iTrader: (2) Garage List 2015 BMW 435d [0.00] 2009 335i [0.00]	Nat west bank for me 3.9% on 9.5 bags. In my account next day. __________________ -------------------------------------------------------------- Current car.M240i. Previous.MINI JCW. E92 325i. 435d M235i.M135i. 635d Coupe, E92 M3 manual, E92 M3 DCT Competition Pack. E92 335i, Porsche Cayman S Gen2, 135i Coupe. E92 320d, MK5 R32. MK5 Golf GTi,MK5 Golf GT-TDI,E46 318Ci.
	Appreciate 1 gr4z1135.00 Quote

08-04-2017, 08:04 AM	#5
creepy coupe Lieutenant General 1868 Rep 13,043 Posts Drives: BMW M340I G20 Join Date: Aug 2007 Location: UK iTrader: (2) Garage List 2015 BMW 435d [0.00] 2009 335i [0.00]	I couldn't find lower without admin charges at the time of looking 6 weeks ago. __________________ -------------------------------------------------------------- Current car.M240i. Previous.MINI JCW. E92 325i. 435d M235i.M135i. 635d Coupe, E92 M3 manual, E92 M3 DCT Competition Pack. E92 335i, Porsche Cayman S Gen2, 135i Coupe. E92 320d, MK5 R32. MK5 Golf GTi,MK5 Golf GT-TDI,E46 318Ci.
	Appreciate 0 Quote

08-04-2017, 08:08 AM	#6
MrChumley Major 454 Rep 1,116 Posts Drives: F33 440i convertible Join Date: Oct 2016 Location: East Midlands iTrader: (0)	Sign up for credit matcher first - some of the supermarkets have very strange lending criteria. I applied to Sainsbury's, got rejected and my Experian score went from 999 to less than 800. When I used credit matcher, it said 0% chance of acceptance by Sainsbury's - no idea why. Tried Tesco and got the loan straight away.
	Appreciate 0 Quote

08-04-2017, 08:49 AM	#7
creepy coupe Lieutenant General 1868 Rep 13,043 Posts Drives: BMW M340I G20 Join Date: Aug 2007 Location: UK iTrader: (2) Garage List 2015 BMW 435d [0.00] 2009 335i [0.00]	Don't bother with Sainsbury's. I applied @ 3.2% and got accepted at 6.2%. Phoned them and they couldn't give me a valid reason for the hike in %. Even though I had a 998 credit score. Wankers. __________________ -------------------------------------------------------------- Current car.M240i. Previous.MINI JCW. E92 325i. 435d M235i.M135i. 635d Coupe, E92 M3 manual, E92 M3 DCT Competition Pack. E92 335i, Porsche Cayman S Gen2, 135i Coupe. E92 320d, MK5 R32. MK5 Golf GTi,MK5 Golf GT-TDI,E46 318Ci.
	Appreciate 1 AndyEssex330d321.50 Quote

08-04-2017, 09:08 AM	#8
454697819 Lieutenant 313 Rep 570 Posts Drives: F31 335D XD Join Date: Jun 2017 Location: Suffolk iTrader: (0)	who do you bank with, generally their rates are close enough for convenience sake to stick with them. __________________ 335d XD Shadow Edition - Mission intergalactic mileage underway
	Appreciate 0 Quote

08-04-2017, 04:12 PM	#11
isleaiw1 Lieutenant General 8814 Rep 12,271 Posts Drives: iPace / Mini Join Date: Jul 2016 Location: UK iTrader: (0)	You can get 4.2% on a Porsche via Clydesdale if you want to treat her...
	Appreciate 0 Quote

08-04-2017, 04:16 PM	#12
ajfoggy Brigadier General 1517 Rep 3,560 Posts Drives: C63s - S205 - Brilliant Blue Join Date: Oct 2014 Location: Warrington iTrader: (0)	mines at 5.9 via Santander.
	Appreciate 0 Quote

08-05-2017, 03:46 AM	#14
AndyEssex330d Captain 322 Rep 746 Posts Drives: BMW 330d M Sport + Join Date: Jan 2017 Location: Essex UK iTrader: (0)	Depending on the number of bags required (money not drugs...different thread) - I have a loan with Zopa. They are brilliant, easy, online, next day funds, and 3%... __________________ Current: 2018 Ford Focus ST-3 TDCI, 2017 Ford Focus RS, 2016 Nissan Qashqai N-Connecta. Previous: 2017 Ford Kuga ST-Line, 2004 Honda CBR 600RR, 2016, 2015, 2014, 2013 Focus ST3's, 2013 BMW 125d M sport, 2014 BMW 330d M Sport.
	Appreciate 0 Quote

08-05-2017, 06:04 AM	#15
savgeax Second Lieutenant 41 Rep 255 Posts Drives: 840i M Sport Join Date: Sep 2012 Location: UK iTrader: (0)	Zopa did a good deal for me a couple of years ago. Its about 3% at the moment. __________________ NOW: BMW 840i Coupe PREVIOUSLY: 2018 Audi A5 Sportback, BMW F30 330D M Sport, F10 520d M Sport, E92 325D M Sport, E60 520d M Sport.
	Appreciate 0 Quote