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Author Topic: 500 Abarth deals  (Read 4055 times)

ohara

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500 Abarth deals
« on: February 10, 2011, 10:44:34 AM »
we're looking at trading the 1.2 Lounge 500 in for a 500 Abarth, anyone know if there are any good finance deals about.

The best I've found is £699 deposit and £199/month over 4 years (5000 miles/year)....

I'd prefer to have it over a shorter period if possible....
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John501

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Re: 500 Abarth deals
« Reply #1 on: February 10, 2011, 10:54:53 AM »
The deal that you see advertised pretty much everywhere is the standard subsidised finance package from Abarth.
Deposits / mileage limitations can be manipulated to change the payments but they are pretty much the same deal.
The term can be shortened if you wish but that will make the monthly payment higher.
Any more questions, feel free to ask :thumb:
« Last Edit: February 10, 2011, 10:59:40 AM by John501 »
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stevey293

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Re: 500 Abarth deals
« Reply #2 on: February 10, 2011, 10:59:04 AM »
oh no stay away from PCP!!!
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John501

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Re: 500 Abarth deals
« Reply #3 on: February 10, 2011, 11:00:40 AM »
Thats a personal opinion Stevey, Most finance customers find a PCP is the best and most flexible way to fund a car.
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ohara

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Re: 500 Abarth deals
« Reply #4 on: February 10, 2011, 11:06:01 AM »
Quote from: John501 on February 10, 2011, 11:00:40 AM
Thats a personal opinion Stevey, Most finance customers find a PCP is the best and most flexible way to fund a car.

yep. this isn't our only car and for this car PCP is ideal.

We used to have a Beetle that was out of warranty and over the 2 years we had it it cost a fortune (both in depreciation and fixing things). PCP + new car = saving over older car without warranty.
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Abarth 500, Campovolo Grey, Red Stripes and Mirrors, Red Leather, Auto Dim Mirror, 17" Wheels.....new as of 01/03/2011. Sport Button on.....

NinjaUK

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Re: 500 Abarth deals
« Reply #5 on: February 10, 2011, 11:28:13 AM »
I only have the one car and PCP is great for me.  :thumb:
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Delaney

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Re: 500 Abarth deals
« Reply #6 on: February 10, 2011, 11:55:12 AM »
If you have some deposit to put in ie your current 500 lounge then with a B2F of £10,000 you should be able to get 36 @ £275 with around a £1k balloon.
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John501

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Re: 500 Abarth deals
« Reply #7 on: February 10, 2011, 12:06:47 PM »
The maximum deposit that can be put down on the PCP product is 25%.
You dont say whether you already have finance on the Fiat, If you dont then your car may be worth too much and some equity could be released from the vehicle in the form of cash back.
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ohara

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Re: 500 Abarth deals
« Reply #8 on: February 10, 2011, 01:11:56 PM »
the current 500 that we have is on finance but there's not much difference between the trade in price and the settlement figure. So it would be trade in, pay off any outstanding amount and start a new agreement..
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trooperiziz

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Re: 500 Abarth deals
« Reply #9 on: February 10, 2011, 05:08:58 PM »
My impending A500 is on a pcp deal, at 3.9% over 3 years and with residuals as they are at the moment, it was more cost effective to buy new than nearly new.

I have no problem with financing a car, why lock all your money into a depreciating asset from the start, when the rates are silly low right now and the extra cost of the flexibility of keeping your cash in the bank is minimal.
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The Knobs

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Re: 500 Abarth deals
« Reply #10 on: February 10, 2011, 08:18:37 PM »
WTF is pcp ? If i aint got the cash, then i dont buy the car, old fashioned but its the only affordable way imo

Who does 5000 miles in any car these days, my track does more than that  ;D
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Trigzzzzzzzzzzz

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Re: 500 Abarth deals
« Reply #11 on: February 10, 2011, 08:40:29 PM »
Is pcp same as hpi? I had hpi on four cars never missed any payments onanything and now have a great credit score because of it which helpedme with get good morgage so i think its good aslong as you can afford payments
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ohara

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Re: 500 Abarth deals
« Reply #12 on: February 10, 2011, 08:54:43 PM »
Quote from: The Knobs on February 10, 2011, 08:18:37 PM
WTF is pcp ? If i aint got the cash, then i dont buy the car, old fashioned but its the only affordable way imo

Who does 5000 miles in any car these days, my track does more than that  ;D

Thanks for that....nice constructive input :wave:

what does my track does more than that mean?? did you mean track car......

If you'd read above we've got more than one car, therefore it's quite possible for it to only do small mile's. Anyway it's only 6p a mile when you go over so it's hardly going to break the bank.
« Last Edit: February 10, 2011, 09:24:52 PM by ohara »
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FAB500

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Re: 500 Abarth deals
« Reply #13 on: February 10, 2011, 09:51:57 PM »
PCP is probably the most "affordable" way of "purchasing" a new car...

At 4% APR you pay what? About £1200 in interest over 4 years? The additional mileage cost is only applicable if you return the car so if it is your intention to buy it then does't make any odds really does it?

So essentially, you get the car now, for very little outlay (up front) and ultimately pay very little interest .. £14k spread across 3 isa, over 4 years should earn more than £1200 in case you want to keep your money in the bank  ;D
« Last Edit: February 10, 2011, 09:53:41 PM by FAB500 »
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John501

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Re: 500 Abarth deals
« Reply #14 on: February 10, 2011, 11:16:55 PM »
Hooray, a sensible post in what is quite a serious thread :thumb:
I wonder if anyone actually realises that almost 60% of Ford customers buy their cars on the same plan as they would like a new car every 3 years and the subsidised interest rate makes it almost a no brainer to spend your own money.
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