Bimmerfest - BMW Forums - View Single Post - I drove the new F20 1-Series
View Single Post
Old 11-13-2011, 11:28 PM
Andrew*Debbie's Avatar
Andrew*Debbie Andrew*Debbie is offline
resU deretsigeR
Location: Anglesey
Join Date: Jul 2004
Posts: 6,257
Mein Auto: Leaf Tekna
Originally Posted by Llando88 View Post
VAT is what, 20% now?

We didn't feel the rise on most purchases. Fuel, where VAT is charged on the per liter duty as well as the fuel, went up. Car prices did too but many manufacturers introduced incentives that canceled out the tax rate increases.

For the F20, BMW UK are offering 3.9% finance on a 116i Sport. Incentives like that are unheard of for a BMW that has only been out for a month. Over a 4 year loan, that's a significant incentive. Interest rates are higher here. Typical BMW UK incentive finance rates are 7% and a typical bank car loan is 12.9%

Last edited by Andrew*Debbie; 12-07-2011 at 03:35 AM. Reason: I forgot how to use English
Reply With Quote