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New Astra 50/50 deal

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  • 29-04-2008 10:30am
    #1
    2-ShortDa5foot5
    Registered Users Posts: 205 ✭✭


    There's probably a thread on this already, but here goes!

    I have a '99 Astra but I'm (Like a lot of people, I see) really liking the new shape Astras.

    I see Opel are doing a 50/50, pay half now, half later deal.

    Anybody availed of this?

    Good deal? Bad deal?

    Suggestions, comments?!

    :)


Comments

  • Options
    #2
    Cyrus
    Registered Users Posts: 20,097 ✭✭✭✭Cyrus


    all depends

    if you have to pay full RRP its probably not a great deal


  • Options
    #3
    -Chris-
    Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    +1

    "There's no such thing as a free lunch", as my dad loves to say. If you're getting 0% finance, you're probably paying for it through less (or zero) discount.


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    #4
    unkel
    Registered Users Posts: 65,423 ✭✭✭✭unkel
    Chauffe, Marcel, chauffe!


    What the lads said. A simple sum:

    Let's say the car has a list price of €24k. You pay half now and you basically get an interest free loan of €12k for a year. At an interest rate of say 7%, you save yourself €840

    However it's possible that a cash discount off a €24k Astra would be in the region of €1.5k-2k. If that's the case, the 50/50 is a lousy deal....

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