Twizy deal £15 per month

[The _Don]

http://www.pistonheads.com/gassing/...7680&mid=90567&nmt=Twizy+Deal+-+£15+per+month

 

[moonloops]

£150 a month + battery lease on top !

 

[stevehg]

£150 a month + battery lease on top !

It's £15 + £50 monthly battery rental with no deposit for a 24 month 4,500 mile PCP. So £65 month + charging costs + insurance are the full costs over the two years.

Not bad if you are thinking of a twizzy

 

[balge]

It says £15# per month in the advert...I think it means £150/month. Do the math. Plus £50/month for the battery - as long as you do less than 1250 miles/month.

Top speed 50mph - are these things allowed on motorways?

 

[moonloops]

Top speed 50mph - are these things allowed on motorways?

I guess so providing they are put in the boot of a proper car

 

[balge]

[YOUTUBE]-9WgaoDF3_Q[/YOUTUBE]

Euro NCAP | 2014 Safety of Quadricycles

"Technically classed as light quadricycles (L6e) or heavy quadricycles (L7e), these vehicles do not have to pass the stringent safety tests that apply to normal passenger cars."

 

[stevehg]

It says £15# per month in the advert...I think it means £150/month. Do the math. Plus £50/month for the battery - as long as you do less than 1250 miles/month.

Cheek!!

Try reading the advert again and following your own advice of doing the math, and you'll see that it means what it says, £15 a month for the PCP.

 

[wemorgan]

For the record - EuroNCAP is not a legal requirement, but a consumer test, which no 'normal' car is obliged to pass. Quite a few supercars would also not be 5* I suspect either.

 

[balge]

Cash price 3400 plus fees 300

24 payment

24 x 15 = 360

24 x 150 = 3600

Is it 15# or 150?

 

[stevehg]

So here's the advert....

24 Monthly Payments Of £15#
Cash Price £3,395
Deposit NIL
Amount of Credit £3,395
Fees £298*
Guaranteed Minimum Future Value £3,191.90
Total Amount Payable £3,700.90
Duration Of Agreement 24 Months
Annual Mileage 4,500**
Representative 4.66% APR
Great Renault Offers In The Showroom Now - Enquire Now For Details

*Includes £149 Finance Facility Fee payable with first instalment and a Option To Purchase Fee of £149 payable with the final instalment.
#Battery hire is £50 per month for 1,125 miles per quarter (4,500 p/a).
**Excess mileage charge 8p per mile. Finance subject to status. A guarantee may be required. Terms and conditions apply. Library image shown for illustration purposes only.

This is a PCP deal, so total amount you pay is...

Total Amount Payable £3,700.90 minus Guaranteed Minimum Future Value £3,191.90 = £509

Minus £149 Finance Facility Fee payable with first instalment = £360

£360 divided by 24 monthly payments = £15

As stated in the advert the # is note to say that battery rental fee of £50 is also payable. It's not a typo.

So, as you can see, if you 'do the math' the advert is correct. You'll have to ask Bristol Street Motors, why they are pricing the initial purchase price so low. I suspect it's to shift allocation.

cheers, Steve

 

[balge]

Ah so just renting it then not actually buying it.

 

[mat8n]

It's maths not math.

We're not American

Mathematics

 

[Bobby Dazzler]

I suspect it's a marketing ploy. I enquired earlier in the week and there were no cars available.