Quote:
Originally Posted by caz1562
I managed 2 get 4.5% from my dealer using Honda finance
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I bet you £10 that was 4.5% FLAT, and not the normally reported APR.
This is a common dealer trick, and for rough estimate purposes the "flat rate" is approximately double the APR.
That means a 4.5% flat rate is actually 9% APR which is very uncompetitive.