As an Expat, it seems there are plenty of reputable businesses able to import and supply the car of your dreams at a significant discount to what UK dealers charge.
Logically, I have to ask: How do the UK dealers stay in business?
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because of all the scare stories, like the cars that are stolen in japan, then sold in this country, and if the police find that your car is stolen from japan, you lose the car and your money, so most of the public dont even look at imports.
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UK dealers stay in business by merely obtaining their target sales for the year. Alot of the dealerships out there are mainly targeted on Retail sales ie to the man in the street. They use brokers, internet sites and other means to sell as many vehicles as possible. If they acheive their target they get heavily rewarded by the Manufacturers for their success. Success is mainly down to the dealer risking a certain element of that bonus in order that the dealership hits its target. If the dealer does not hit its own target then they could end up in a loss situation. Alot of the smaller dealerships out there ie family run dealerships are under a great deal of pressure especially with the likes of Reg Vardys, Dixons etc having a great number of franchises. They tend to have a sales team that will make as much profit out of a deal as is possible. I have heard of cases where salesmen from a certain franchised group charged in the region of 45% APR I believe over 50% APR is illegal.
So to conclude if you are buying a UK supplied vehicle go to a reputable broker, internet site.
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a local dealer has an offer of 'guaranteed finance for all, even if you dont work' but in tiny little writing at the bottom of the page, it says fixed rate of 49.9% APR, i think with this APR it would put ANYBODY into debt.
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i usually buy private (i get up at 6am to buy the autotrader on a thursday, to beat the dealers to the cars), or i buy the cheapies from the auctions.
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