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Drive the deal

jsmith19891jsmith19891

I want to buy a car and found one I like (Hyundai i10) on www.drivethedeal.com

I wouldn't be buying outright, so I want to finance, but I am confused as when I click on 'Finance' for the car, it says I pay 10.9% APR. Underneath the car however it says:

Extra Information
NOTE: ALL HYUNDAI MODELS ORDERED WITH US WILL BE SUPPLIED BRAND NEW. YOU WILL BE THE FIRST REGISTERED KEEPER. SOME COMPANIES ARE OFFERING PRE-REGISTERED CARS. WE STRONGLY RECOMMEND YOU DO NOT BUY ONE. PLEASE SEE THE NOTE ON OUR PRE-REGISTERED CARS PAGE FOR FURTHER INFORMATION.

The quoted prices include:

1. £250 discount on 1.2 Classic model
2. £500 discount on 1.2 Active model
3. £1,000 discount on 1.2 Active Auto model
4. £1,250 discount on 1.2 Style model

This discount is conditional upon you taking out PCP finance at 6.9% APR Representative arranged by the dealer. If you do not wish to take out this finance then you will need to add £250, £500, £1,000 or £1,250 respectively to the prices that we quote online. Hyundai are offering PCP finance at 6.9% APR Representative over 36 months period. Terms and conditions apply. The dealer that we put you in touch with will arrange the finance if required. Subject to Status. Written quote available on request.

Hyundai are marketing both Hire Purchase and PCP finance deals at 4.9% APR Representative over 36 months with a minimum deposit of 10% (except 1.2 Classic model). If you would like any of these offers please telephone us on Tel: 01628 472276 or 08456 262626 to discuss it.

Please note that Hyundai offers a five year, unlimited mileage warranty on all vehicles.

Quotes and offers are for cars ordered after 6 April and registered by 29 June 2012.



So, do I pay the 10.9% that drivethedeal offers, or do they offer what the car brand do as default?

Anyone dealt with them before?

All Comments (10)

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    Scud77
    Scud7710 months, 3 weeks ago #1Show comment toolsReply
    I have bought 2 cars through drive the deal and have never had any problems, the 6.9 % is a dealer offer for particular vehicles not the standard rate. If you look on the special offers page, they have a Hyandai 1.0 Blue for £6,995 a discount of £2,350 off the list price but the pcp is 9.9 %. It's swings and roundabouts, don't expect to get a discounted car with very low finance, cash is the best alternative or if you have a nectar card, sainsburys is offering a loan rate of 6 % at the moment.
    thehitman
    How about going to your local dealer and see if they will offer you the same deal as the one you have seen on drive the deal?
    I've done this a couple of times and managed to get a price match from my local dealer. Worth a shot.
    iand68
    iand6810 months, 3 weeks ago #3Show comment toolsReply
    I agree with thehitman. I got a quote from drive the deal a couple of years ago then emailed a few local dealers, asking if they could beat the offer. And one of them did.
    jsmith19891
    The PCP on the 1.2 Active is at 6.9%.

    Does PCP mean that it has that future payment thing or will it be over however many years I want? I don't want it to have this future value offer.
    dimebars
    If you don't understand it, walk away.....

    A PCP deal has a low deposit, monthly payments and a final payment or "balloon". The low rate offered by the manufacturer is for a PCP. If you want to buy it outright then you need hire purchase or HP. This won't be 6.9% APR.
    dimebars
    Plus it's says phone them to discuss, so why don't you phone them to discuss?
    autoebid
    So jsmith19891

    Did you get the car through them?
    dimebars
    Spaaaaaaaaaam!
    Nailez
    autoebid
    So jsmith19891

    Did you get the car through them?


    It was almost a year ago..... Jeez :p
    autoebid
    Sure it was 10 months ago, just asking if you purchased through them in the end>?

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