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Carmakers keen to start Q1 with enticing finance offer rates

2018 car finance offers

Dealers are facing multiple pressure points in Q1, with Brexit and WLTP concerns filtering over into the busiest quarter of the year.

While manufacturers have set out their plan of attack for the March plate-change, dealers will at least have some sort of clarity on Brexit before the end of the period and Worldwide harmonised Light vehicles Test Procedure (WLTP) stock should have all filtered through to showrooms following delays last year.

Strong retail offers will be an essential tool to help retailers get a positive start to what will likely be another challenging 12 months.

Nissan’s network will have the most riding on a successful Q1, as it saw a 32.1% drop in registrations in 2018, the biggest fall of any of the top 10 volume manufacturers in the UK.

Nissan is supporting its vehicle line-up with some strong 0% offers over four years on nearly every model (the Leaf electric vehicle is the only one with a 5.99% APR).

Other than niche models such as the Leaf and GT-R sports car, Nissan customers can secure a new model for under £300 a month. Big-volume models such as the Juke and Qashqai are available for £261 and £298 respectively.

The Juke will be particularly important this year, as there is a new version due in the summer. This means Nissan will need a compelling offer to help clear stock in Q1 and it has one with a low-deposit of £261.18 to get people into a special edition
Bose version.

That will leave dealers with the new Juke by the September plate-change to boost sales in Q3 with a new model that is also expected to come with new powertrain options, including a hybrid.

The UK’s premium market shifted last year, with Mercedes now the biggest manufacturer in that sector by volume.

Audi had a punishing 12 months, down 18% to 143,739 units. Those figures put a gulf of almost 30,000 units between Audi and BMW.

Audi is hoping to get things moving for its network with big discounts across its range in Q1. The A3 Sportback features a £3,500 discount when customers take on a PCP, the A4 drops by £2,000, the A5 Coupé and A6 Avant down £6,000 and the A8 gets the biggest price drop at £8,875.

Those deposit contributions aren’t met with particularly low APRs, except the A4 at 2.9%, but monthly payments are still affordable at £229 and £249 for entry models such as the A1 and A3.

The UK’s biggest volume brand, Ford, also has some ground to make up in Q1. While the total retail market fell by 6.4% in 2018, Ford saw registrations drop by 12%.

The Blue Oval is continuing with its 0% offers over three years across nearly all of its range in Q1.

The Ka is just £99 a month after a £3,322 deposit over two years and the UK’s most popular vehicle by volume, the Fiesta, is likely to maintain its position with 0% over three years at £175 a month.

The Ecosport, Focus, Mondeo and C-Max are all available for under £250 a month and this illustrates how accessible Ford Credit has made the most popular models in the brand’s range in Q1.

 

Top finance deals for retail buyers

 

Model Finance type Deposit Term Monthly payment Final payment APR Offer ends
Nissan
Micra N-SPORT IG-T 100 PCP £3,993.79 48 £169 £5,829.21 0% 31/03/2019
Juke Bose Personal Edition 1.6 Manual PCP £261.18 48 £261.18 £6,542.20 0.00% 31/03/2019
Qashqai 1.5 DCI 115 Acenta Premium 5DR PCP £1,000.08 48 £298.68 £8,808.28 0% 31/03/2019
Leaf N-Connecta PCP £6,047.62 36 £379 £11,188.95 5.99% 31/03/2019
Navara Double Cab N-GUARD 2.3DCI 190 4WD Manual PCP £11,173.01 36 £299 £12,657.99 0.00% 31/03/2019
370Z 3.7L V6 328 PS GT Manual PCP £10,555.72 36 £229 £16,005.28 0.00% 31/03/2019
GT-R 3.8L V6 570PS Pure PCP £16,970.26 36 £699 £46,047.14 5.99% 31/03/2019
Audi
A1 Sportback Sport 30 TFSI 116PS 6-speed PCP £2,995 48 £229.00 £9,381 5.90% 31/03/2019
A3 Sportback S line 30 TFSI 116 PS 6-speed PCP £3,783 48 £249.00 £10,437 5.90% 31/03/2019
A4 Black Edition 35 TFSI 150 PS S tronic PCP £8,722 48 £299.00 £12,995 2.90% 31/03/2019
A5 Coupé Black Edition 35 TFSI 150 PS S tronic PCP £7,148 48 £329 £14,890 4.90% 31/03/2019
A6 Saloon 40 TDI 204PS S line S tronic PCP £6,342 48 £399 £16,215 3.90% 31/03/2019
A6 Avant 40 TDI 204PS S line S tronic PCP £6,801 48 £419 £17,110 3.90% 31/03/2019
A7 Sportback S line 40 TDI 204 PS S tronic PCP £6,707 48 £479 £19,921 3.90% 31/03/2019
A8 50 TDI quattro 286PS tiptronic PCP £11,792 48 £589 £21,605 0.00% 31/03/2019
Q2 Black Edition 35 TFSI 150 PS 6-speed PCP £6,017.00 48 £299 £13,653.40 5.90% 31/03/2019
Q3 S Line 35 TFSI CoD 150 PS 6-speed PCP £5,183.49 48 £359 £14,388.70 5.90% 31/03/2019
Q5 Black Edition 40 TDI quattro 190 PS S tronic PCP £7,043.35 48 £449 £21,209.70 5.90% 31/03/2019
Q7 S line 50 TDI quattro 286 PS tiptronic PCP £11,882.58 48 £549 £26,183.90 4.90% 31/03/2019
Q8 S line 50 TDI quattro 286 PS tiptronic PCP £11,637.48 48 £699 £32,471.00 6.60% 31/03/2019
Ford
KA+ Zetec 1.2 Ti-VCT 85PS PCP £3,322 24 £99 £6,147 0.00% 31/03/2019
Fiesta Zetec 1.0 100PS 5 door PCP £4,607 36 £175 £6,558 0% 31/03/2019
Fiesta ST-2 1.5 200PS 3 door PCP £4,628.97 36 £225 £9,655 2.90% 31/03/2019
EcoSport Zetec 1.0 EcoBoost 100PS PCP £4,790 36 £190 £6,715 0.00% 31/03/2019
Focus Zetec 1.0 125PS 5 door PCP £4,653 36 £230 £7,917 0.00% 31/03/2019
C-MAX Zetec 1.0 EcoBoost 125PS PCP £6,338 36 £239 £7,103 0.00% 31/03/2019
Grand C-MAX Zetec 1.0 EcoBoost 125PS PCP £7,090 36 £259 £7,231 0.00% 31/03/2019
Kuga ST-Line Edition 1.5 EcoBoost 150PS FWD PCP £5,797 36 £295 £11,293 0.00% 31/03/2019
Mondeo ST-Line 2.0 TDCi 150PS PCP £5,543 36 £249 £9,233 0.00% 31/03/2019
Mondeo Titanium Edition HYBRID Electric 2.0 TiVCT 187PS Auto PCP £6,934 36 £269 £10,522 0.00% 31/03/2019
S-MAX ST-Line 2.0 EcoBlue 190PS PCP £9,609 36 £289 £12,882 0.00% 31/03/2019
Galaxy Titanium 2.0 EcoBlue 150PS PCP £10,567 36 £289 £11,474 0.00% 31/03/2019
Edge ST-Line 2.0 Eco-Blue 238PS AWD PCP £10,409 36 £425 £17,886 0% 31/03/2019
Tourneo Courier Zetec 1.0 EcoBoost 100PS PCP £2,963 36 £159 £6,728 0.00% 31/03/2019
Tourneo Custom Titanium L1 H1 2.0 EcoBlue 130PS PCP £10,573 36 £279 £14,261 0.00% 31/03/2019
Grand Tourneo Connect Titanium 1.5 EcoBlue 120PS PCP £6,005.20 36 £259 £9,611 0.00% 31/03/2019
Ranger Wildtrak 3.2 TDCi 200PS PCP £12,426.63 36 £305 £12,468 0.00% 31/03/2019

 

 



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