You’ll often hear about car dealerships offering 0% Finance Deals on new cars. But do you actually know how much you can save when you take advantage of these deals? At Finbarr Galvin’s you can literally save thousands of €uro’s on your brand new SEAT, but only until the end of August!
Let’s see how much you could save if you decide to purchase from Finbarr Galvin. Take the ever popular SEAT Ibiza 2015 1.2 SE 5 dr 1.2 70 bhp, available right now at €16,500. Now let’s compare what would happen if you purchase your car with the VW Bank vs. Other Leading Financial Institutions over 3 years.
0% Finance - What does it actually save you ?
A typical example is as follows:-
SEAT Ibiza 2015 1.2 SE 5 dr 1.2 70 bhp
|VW Bank||Other Leading Financial Institutions|
|€16,500 RRP||€16,500 RRP|
|€3,300 DEPOSIT / TRADE IN||€3,300 DEPOSIT / TRADE IN|
|€13,200 on PCP AT 0%||AIB Bank loan of €13,200 over 3 years|
|36 x €205.58||€434.15 x 36|
|Guaranteed Future Value €5,799||Total interest paid is €2,429.40|
|No doc fees||€63.49 + €12.70 doc fees|
|Cost of credit = €0.00||Cost of credit = €2,505.59|
If you were paying 40% PAYE tax and include PRSI, when you gross up the €2505.59, it would come to circa €5,000 of your Gross salary…NOW THAT’S QUITE A SAVING!!!
So now you can see how much you can actually save with 0% Finance. But Finbarr Galvin are only running this campaign until the end of August, so get down to us in Bandon & Victoria Cross today before it’s too late!
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