Hi Guys
Just looking through options now and have been playing around with various quotes. ive never actually taken a car on anything other than standard HP or outright, even on HP i usually end up paying it off within a year, but wondered if anyone had an opinion on the AccessToyota scheme, or is it just a ripoff in disguise.
£8,700 deposit (which is about the value of my part exchange)
£215 a month for 3 years. (£7525)
In 3 years sell it back to them £12k. (or buy it outright for that)
So effectively £8,700 + £7,525 = £16,225 to have the GT86 for 3 years. Then get £12k back at the end.
I'd be likely to sell it after 3 years anyway, and if values are still good i guess you can buy the car for the £12k and sell it privately right after for more?
Is this a decent option compared to standard HP or am i missing something.
Cheers
Nick
Just looking through options now and have been playing around with various quotes. ive never actually taken a car on anything other than standard HP or outright, even on HP i usually end up paying it off within a year, but wondered if anyone had an opinion on the AccessToyota scheme, or is it just a ripoff in disguise.
£8,700 deposit (which is about the value of my part exchange)
£215 a month for 3 years. (£7525)
In 3 years sell it back to them £12k. (or buy it outright for that)
So effectively £8,700 + £7,525 = £16,225 to have the GT86 for 3 years. Then get £12k back at the end.
I'd be likely to sell it after 3 years anyway, and if values are still good i guess you can buy the car for the £12k and sell it privately right after for more?
Is this a decent option compared to standard HP or am i missing something.
Cheers
Nick