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Posted

Does anyone have details of finance offers, e.g. interest rates


Posted

Split into new topic.

Posted

To the best of my knowledge there are currently no offers available on the bZ4X - it is not currently available to buy. I suspect (i.e. am certain) that situation will change once Toyota is able to fulfill outstanding orders prior to the recall and suspension of sales.

Posted

While there is shortage of components plus outstanding orders to fulfill & demand still pretty high I doubt there will be any offers available.

Posted
27 minutes ago, forkingabout said:

While there is shortage of components plus outstanding orders to fulfill & demand still pretty high I doubt there will be any offers available.

On the contrary, I suspect that there will be a PCP 'offer' just as soon as the car is back on sale again. But I rather doubt that the interest rate will be 1.9% as the C-HR is today. The RAV4s are available at 6.9% and I expect / guess that the bZ4X will be at that sort of level ...


Posted
13 hours ago, philip42h said:

On the contrary, I suspect that there will be a PCP 'offer' just as soon as the car is back on sale again. But I rather doubt that the interest rate will be 1.9% as the C-HR is today. The RAV4s are available at 6.9% and I expect / guess that the bZ4X will be at that sort of level ...

Yes, I think you may be right and we will be stuck with 6.9%. I was hoping that someone who had taken delivery of their bZ had taken finance and could advise the APR offered. I am awaiting confirmation from my dealer that my car will be available next week and will need to make a Finance deal. I wondered and hoped that Toyota felt they would need to offer a lower APR (e.g. 1.9% would be nice), to stimulate sales after the recall issue. AND more specifically the news that in Japan, Toyota have slashed the Kinto leasing cost by HALF. I know japan is a different market and lease only, but the recall must also have affected UK customer confidence, especially those potential 'new to toyota' customers who may have been influenced by the negative performance 'social media talk!', coupled with the price increase they issued in May just prior to the recall. I am happy with my decision to stick with the car, but 6.9% is, well, taking.......

  • Like 1
Posted

At launch it was 4.9% (as reported in March this year): "Provided by Toyota Financial Services, this is based on 36-month contract with 4.9 per cent APR Representative". What it will be when sales resume is anyone's guess but I don't imagine that Toyota will have a real problem with demand - currently it would appear that demand far outstrips supply for pretty much all makes and models ...

  • Like 1
Posted

Philip, I agree with you but what's your opinion then on I officially pre-ordered my bZ on March 11th, with deposit. Do you think I am entitled to Finance at 4.9% APR, which you rightly say was on offer at that time?

Posted
5 minutes ago, Rob Cherry said:

Philip, I agree with you but what's your opinion then on I officially pre-ordered my bZ on March 11th, with deposit. Do you think I am entitled to Finance at 4.9% APR, which you rightly say was on offer at that time?

In a word, 'yes' ... I would expect your dealer & Toyota (UK and Finance) to honour the agreement they had with you at the time you ordered the car - the 'delay' isn't of your making. Exactly where you stand legally is an entirely different matter.

But ... when I bought my car the dealer knew that I was buying on PCP, knew the deposit and had provided me with an indicative repayment plan. All that was left to do the week before handover was to sign the finance paperwork. Do you have any specific reason to suspect that is not the case for you?

Posted

Yes, I was the same. They gave me indicative repayments over 24, 36, and 42 months. I have retained the email, so I am hoping I can get them to honour it.

Thanks

Posted
3 hours ago, Rob Cherry said:

Philip, I agree with you but what's your opinion then on I officially pre-ordered my bZ on March 11th, with deposit. Do you think I am entitled to Finance at 4.9% APR, which you rightly say was on offer at that time?

Do you have an annex to extend agreement duration to end of this year? Normally they are valid for 2-3 months. 

Posted

No, I don't think so

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