Speak EV - Electric Car Forums banner

1 - 3 of 3 Posts

·
Registered
Joined
·
418 Posts
Discussion Starter #1
I see this is being bandied about on Facebook and Twitter again - £3500 for your old car.

Just for info (while we wait to see what the government say next month).

There’s also a £2500 deposit contribution if you use MG finance.

The offers don’t stack.

So, for cash buy £3500 Swappage or for finance either/or offer is the baseline before further negotiations (net £1000 for the banger which may or may not make any sense).

Clearly most people buy on finance to offset the depreciation risk so this is not good value versus the deals already being done without Swappage......

Here’s hoping the rumours re the £6k are true.....
 

·
Registered
Joined
·
1,198 Posts
yes, I would want to see some more numbers about pcp residuals and interest rates and so on before I'd have any clue about whether this any potential deals are actually worthwhile.
 

·
Registered
Joined
·
418 Posts
Discussion Starter #3
Indeed. So easy to change the interest rate a bit and the future value a bit and you pay the £1000 yourself. Most of the manufacturers now only quote a headline APR on the web and leave this to the dealer for obfuscation purposes.
 
1 - 3 of 3 Posts
Top