Main dealer APR ??

Honest John Back Room » Motoring discussion
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Sun 6 Jul 2008 10:22
Main dealer APR ?? - motorprop
I walk past an MB large main dealership daily . It's very modern , spacious and filled with scurrying suits .

I always look at their stock, and have noticed all their cars carry finance quotes at 14.7%..
this has been the same rate since at least last year.

Are they real ? Their customers, I'd have thought , are either cash buyers or savvy hard working self - made types who know the cost and value of money to the extent they know 14.7% is a right royal rip - off .

Am I missing something ?

BTW - when I once inquired ( had to call and chase up for it too ) about having my ancient
SL checked up there , was eventually told by a suit their labour rate would be £125 an hour + VAT. Did not bring it in...

Finally, have noticed in the last 3 months or so that their used stock has been cut back, possibly by a third or so . The stock car park was full , now full of space ..
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Sun 6 Jul 2008 10:58
Main dealer APR ?? - Manatee
If you think 14.7% is more than you should pay, don't. Would you pay the screen price for the car?
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