Price How did you pay for your vehicle?

Type S Bournemouth · 10th October 2006, 18:03

Just interested to know what means of paying for your vehicle is most popular.

rmh999 · 10th October 2006, 18:11

Well it was a bank transfer and old car as deposit

Toonman · 10th October 2006, 18:44

Straight swap for the old car.

Jobo · 10th October 2006, 18:46

Banker's draft plus my old Civic as the deposit, remainder as a car loan at 2.99%

Type S Bournemouth · 10th October 2006, 18:51

Quote:

Originally Posted by Jobo

Banker's draft plus my old Civic as the deposit, remainder as a car loan at 2.99%

How did you get such a low interest rate?

Jobo · 10th October 2006, 18:55

Dealership weekend offer apparently. I had to purchase the car before the end of March to get it.

Type S Bournemouth · 10th October 2006, 18:57

oh right. my local honda dealer wanted to charge 11.9% interest. I politely turned it down. So just in the middle of hunting around and also looking at the pcp option.

4gotten · 12th October 2006, 13:10

I wanted to pay by cheque but it would have taken to much time to get that that is why I got cash from bank I put it into my pocket and drove 370 km to Belgium to collect my car. My old car was traded in as a part of payment.

britsbest · 13th October 2006, 20:49

You missed off credit/debit card.
Half and half for me, up to limit of credit card for tesco points and balance on bankers switch card

Charles_Harding · 15th October 2006, 15:08

Dealer wouldn't take my cheque so paid by Master Card.

With all those Air Miles I got, I don't really need the car any more now!!!

"If walking is good for you, why does my Postman look like Jabba the Hutt?"

Adambsmith · 15th October 2006, 15:47

Mine's leased - but there's no option above.

daiashthomas · 15th October 2006, 16:50

mike lufc · 15th October 2006, 21:41

mazda 3 p/x and cash diffrence

Bart · 15th October 2006, 23:32

Part ex'ed my Ford and topped the remainder up with a cheque

pjelsworth · 16th October 2006, 21:04

Sold my Laguna privately and got £1800 more than the dealer offered p-x and then got a loan at 4.8%

Steevie · 17th October 2006, 17:12

Old car as deposit and loan for the rest...

made me laugh as we had got a quote from another Honda dealer offering a 1.4 at under £250 a month for 5 years, but ended up using this to get the dealer we used to get our 1.8 for the same price!

generationgav · 17th October 2006, 23:29

I paid for mine on Credit Card!

No really....had a few days for the loan to come through so put it on a c/c in the interim

Skaven252 · 19th October 2006, 10:26

Cash. And they're taking my old Twingo for €3000.

richierich · 19th October 2006, 11:03

Mines on an ECO (Employee Car Ownership) Scheme, no option above. Its like a company car, only its in my name. They give me money towards it, and the only thing I have to do is to pay the equivalent P11D tax value to the lease company for my benchmark car, plus any addtional cost to lease the Civic. In actual fact the Civic costs more than the benchmark Passat SE diesel, £40 per month more. So the company pay me an amount, which they gross up to include the tax I would pay on it to ensure I am not out of pocket. And, to ensure the car is insured, it is on their insurance, but because it is a "personal" car, I have to pay tax on the benefit of using their insurance, so the company make another payment to me equal to the benefit in kind value of the insurance, so that when they tax it I am not our of pocket. However, the maintenance part of the contract is paid into my wage packet, and then taken out again and paid direct to the lease company on my behalf.

Are we all clear, I think it is a tax loophole for the company, and I can choose any car, within reason, giving me more choice compared to a standard company car, therefore making me happier and more productive. Except Mr Brown is trying to close the loophole.

Tydo · 19th October 2006, 16:04

Wish I could have used a Credit Card the 1% Cash back would have been fun...

View Poll Results: How did you pay for your car?
Loan	31	26.72%
PCP	13	11.21%
Cash	46	39.66%
Bankers Draft	6	5.17%
Cheque	9	7.76%
Company Car	11	9.48%
Voters: 116. You may not vote on this poll \| Withdraw Vote

10th October 2006, 18:03	#1 (permalink)
Type S Bournemouth Supporter Magic Rear Seat Join Date: 3rd October 2006 Location: Bournemouth Posts: 976 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	How did you pay for your vehicle? Just interested to know what means of paying for your vehicle is most popular.

12th October 2006, 13:10	#8 (permalink)
4gotten Locking Wheelnut Join Date: 16th August 2006 Location: Stargard Szczecinski, Poland Posts: 111 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	pocket full of cash I wanted to pay by cheque but it would have taken to much time to get that that is why I got cash from bank I put it into my pocket and drove 370 km to Belgium to collect my car. My old car was traded in as a part of payment.

19th October 2006, 11:03	#19 (permalink)
richierich Smell My Cheese! Rocketship door handle Join Date: 17th May 2006 Location: Bicester, Oxfordshire Posts: 1,847 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Mines on an ECO (Employee Car Ownership) Scheme, no option above. Its like a company car, only its in my name. They give me money towards it, and the only thing I have to do is to pay the equivalent P11D tax value to the lease company for my benchmark car, plus any addtional cost to lease the Civic. In actual fact the Civic costs more than the benchmark Passat SE diesel, £40 per month more. So the company pay me an amount, which they gross up to include the tax I would pay on it to ensure I am not out of pocket. And, to ensure the car is insured, it is on their insurance, but because it is a "personal" car, I have to pay tax on the benefit of using their insurance, so the company make another payment to me equal to the benefit in kind value of the insurance, so that when they tax it I am not our of pocket. However, the maintenance part of the contract is paid into my wage packet, and then taken out again and paid direct to the lease company on my behalf. Are we all clear, I think it is a tax loophole for the company, and I can choose any car, within reason, giving me more choice compared to a standard company car, therefore making me happier and more productive. Except Mr Brown is trying to close the loophole. Last edited by richierich; 19th October 2006 at 11:04. Reason: Wrote "cat" is insured, meant "car"

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This thread is about: How did you pay for your vehicle?, it's in Buying, Dealers and Servicing at the Honda Civic forum Civinfo; Just interested to know what means of paying for your vehicle is most popular....

10th October 2006, 18:11	#2 (permalink)
rmh999 Supporter Locking Wheelnut Join Date: 3rd August 2006 Location: Swindon, UK Posts: 161 Thanks: 0 Thanked 1 Time in 1 Post iTrader: (0)	Well it was a bank transfer and old car as deposit

10th October 2006, 18:44	#3 (permalink)
Toonman Locking Wheelnut Join Date: 7th September 2006 Location: North East of England Posts: 126 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Straight swap for the old car.

10th October 2006, 18:46	#4 (permalink)
Jobo Supporter Magic Rear Seat Join Date: 6th August 2006 Location: UK Posts: 683 Thanks: 0 Thanked 2 Times in 2 Posts iTrader: (0)	Banker's draft plus my old Civic as the deposit, remainder as a car loan at 2.99%

10th October 2006, 18:55	#6 (permalink)
Jobo Supporter Magic Rear Seat Join Date: 6th August 2006 Location: UK Posts: 683 Thanks: 0 Thanked 2 Times in 2 Posts iTrader: (0)	Dealership weekend offer apparently. I had to purchase the car before the end of March to get it.

10th October 2006, 18:57	#7 (permalink)
Type S Bournemouth Supporter Magic Rear Seat Join Date: 3rd October 2006 Location: Bournemouth Posts: 976 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	oh right. my local honda dealer wanted to charge 11.9% interest. I politely turned it down. So just in the middle of hunting around and also looking at the pcp option.

13th October 2006, 20:49	#9 (permalink)
britsbest Supporter Triangular Exhaust Join Date: 9th September 2006 Location: Cheadle Hulme Posts: 228 Thanks: 2 Thanked 0 Times in 0 Posts iTrader: (0)	You missed off credit/debit card. Half and half for me, up to limit of credit card for tesco points and balance on bankers switch card

15th October 2006, 15:08	#10 (permalink)
Charles_Harding Civinfo guru Join Date: 14th August 2006 Location: S.E. London Posts: 3,303 Thanks: 113 Thanked 27 Times in 26 Posts iTrader: (0)	Dealer wouldn't take my cheque so paid by Master Card. With all those Air Miles I got, I don't really need the car any more now!!! "If walking is good for you, why does my Postman look like Jabba the Hutt?"

15th October 2006, 15:47	#11 (permalink)
Adambsmith Valve Cap Join Date: 14th October 2006 Location: York Posts: 22 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Mine's leased - but there's no option above.

15th October 2006, 16:50	#12 (permalink)
daiashthomas Wheelnut Join Date: 14th October 2006 Location: Nr. Swansea Posts: 81 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	cash

15th October 2006, 21:41	#13 (permalink)
mike lufc Valve Cap Join Date: 5th September 2006 Location: ISLE OF WIGHT Posts: 22 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	mazda 3 p/x and cash diffrence

15th October 2006, 23:32	#14 (permalink)
Bart Wheelnut Join Date: 23rd July 2006 Location: Wales Posts: 55 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Part ex'ed my Ford and topped the remainder up with a cheque

16th October 2006, 21:04	#15 (permalink)
pjelsworth Supporter Triangular Exhaust Join Date: 14th May 2006 Location: Halifax, W. Yorks Posts: 382 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Sold my Laguna privately and got £1800 more than the dealer offered p-x and then got a loan at 4.8%

17th October 2006, 17:12	#16 (permalink)
Steevie Supporter Valve Cap Join Date: 20th September 2006 Location: Bolton, Lancashire Posts: 47 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Old car as deposit and loan for the rest... made me laugh as we had got a quote from another Honda dealer offering a 1.4 at under £250 a month for 5 years, but ended up using this to get the dealer we used to get our 1.8 for the same price!

17th October 2006, 23:29	#17 (permalink)
generationgav Supporter Magic Rear Seat Join Date: 29th May 2006 Location: Manchester, UK Posts: 808 Thanks: 0 Thanked 2 Times in 2 Posts iTrader: (0)	I paid for mine on Credit Card! No really....had a few days for the loan to come through so put it on a c/c in the interim

19th October 2006, 10:26	#18 (permalink)
Skaven252 Triangular Exhaust Join Date: 1st June 2006 Location: Espoo, Finland Posts: 247 Thanks: 1 Thanked 0 Times in 0 Posts iTrader: (0)	Cash. And they're taking my old Twingo for €3000.

19th October 2006, 16:04	#20 (permalink)
Tydo Wheelnut Join Date: 16th August 2006 Posts: 78 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Wish I could have used a Credit Card the 1% Cash back would have been fun...

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