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Old 11-14-2011, 12:28 AM
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Andrew*Debbie Andrew*Debbie is offline
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Location: Anglesey
 
Join Date: Jul 2004
Posts: 6,253
Mein Auto: Leaf Tekna
Quote:
Originally Posted by Llando88 View Post
VAT is what, 20% now?
Yes.

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 04:35 AM. Reason: I forgot how to use English
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