- You are currently viewing DISCO5.CO.UK as a guest - Register to take part or Log In
-
- simonej
- Member Since: 01 May 2017
- Location: Wakefield
- Posts: 39
LR Finance interest rates
Hello all! D4 HSE Lux owner from the other site here - just have a quick question as I'll be looking to change (probably) to a D5 in six months or so.
Land Rover quote an interest rate of 6.9% on their finance examples but I was just wondering what people have been able to achieve from the dealers? I know the dealers really don't have to work hard to sell the cars these days so it would be interesting to see whether 5% is achievable or whether they're fixed at the rates they quote.
My D4 was my first venture into the world of PCP but it didn't take too much effort to get the rate down to 4% (not a main dealer).
-
-
- J77
- Member Since: 07 Jun 2016
- Location: Fife
- Posts: 1008
I used Santander for my one they were 5.9%
18MY Velar R-Dynamic SE D240 Fuji White
-
- JackW
- Member Since: 01 May 2017
- Location: Roswell, Georgia
- Posts: 22
Interest rates here in the United States at a local Credit union are currently 1.9%
-
- winger
- Member Since: 19 Mar 2017
- Location: Somerset
- Posts: 205
Lloyds are offering 4.2%, or were last week. Though I think you need to be a customer of the bank.
-
- simonej
- Member Since: 01 May 2017
- Location: Wakefield
- Posts: 39
-
1.9% would be helpful!
I did actually wonder about borrowing the money off my mortgage (which is about the same rate or thereabouts) and then overpaying every month.
J77, did you try and haggle with the LR dealers on the rate or did you just go straight to a non Land Rover provider?
-
- simonej
- Member Since: 01 May 2017
- Location: Wakefield
- Posts: 39
-
winger wrote:
Lloyds are offering 4.2%, or were last week. Though I think you need to be a customer of the bank.
Thanks! Showing 4.6% now but between that and the LR rate would be about £70 a month difference! Can't believe people are paying out at 6.9%!
-
- J77
- Member Since: 07 Jun 2016
- Location: Fife
- Posts: 1008
-
No I just went straight to Santander, the dealer was pretty good with part ex and adding service pack to the new car, I didn't want to push my luck, though I've dealt with the same salesman/dealer for 10 years so I don't suppose it would've been too hard.
18MY Velar R-Dynamic SE D240 Fuji White
-
- winger
- Member Since: 19 Mar 2017
- Location: Somerset
- Posts: 205
-
I am not sure that they are able to offer an alternative product any longer. My local dealer is certainly frustrated at the LR Finance interest rate, as they are losing finance business as a result (with the associated loss in commission). Crazier still, Lloyds back LR Finance!
-
- S2bear
- Member Since: 27 Mar 2017
- Location: London
- Posts: 48
-
Dealer wouldn't budge after several attempts, so
Went to Lombard and they charged 4.2%. Makes a big difference.
-
- You cannot create new threads in this forum
You cannot reply to threads in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
All times are GMT + 1 Hour
DISCO5.CO.UK © 2016 - 2024 Futuranet Ltd
DISCO5.CO.UK is independent and not affiliated to Jaguar Land Rover.
