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Discussion in 'General Discussion' started by The _Don, Feb 24, 2015.
£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
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?
I guess so providing they are put in the boot of a proper car
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."
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.
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.
Cash price 3400 plus fees 300
24 x 15 = 360
24 x 150 = 3600
Is it 15# or 150?
So here's the advert....
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.
Ah so just renting it then not actually buying it.
It's maths not math.
We're not American
I suspect it's a marketing ploy. I enquired earlier in the week and there were no cars available.