Holden 0.5% Finance

[XUV]

yep , they wouldn't do it if it wasn't stacked in their favour .
best is go to an auction , buy a 2 yr ex-gov fully serviced VE whatever at half it's original price .

[super coach]

depends what interest rate you get, sometimes it might be 9% or even 12% and even though the car is $36,990 by the end of the 3 years or 5 you sometimes end up paying close to what it works out at 0.5% finance.

if you want a near new car, look at demo's they sometimes have good buys

[5.7heaven]

+1 for the auctions. Last yr I picked up and ex police 2009 sportwagon for $19k. Also looked at an 09 SV6 manual for $19k

[redvxr8clubby]

depends what interest rate you get, sometimes it might be 9% or even 12% and even though the car is $36,990 by the end of the 3 years or 5 you sometimes end up paying close to what it works out at 0.5% finance.

if you want a near new car, look at demo's they sometimes have good buys

Agreed, it looks like it's all smoke and mirrors. If it was a case of a $34990 da SV6 as has been recently been advertised (for a manual), then .5% would be fantastic deal - at full RRP, it's probably no different to a new $35K car then normal rates for interest. You'd have to check out the figures. If it's only on until next week it doesn't matter much anyway. Of course it's possible they put this on for a few weeks and gauge the success or otherwise for future promos.

[XUV]

+1 for the auctions. Last yr I picked up and ex police 2009 sportwagon for $19k. Also looked at an 09 SV6 manual for $19k

i got the oldman into a '10 Ve Sportswagon 3.0 with the International package for $17800
and it had 4 brand new 18'' RE-002 , 6 mnths reg , ex council and fully serviced .
I told him it was a 186 , so he's gone full circle now , since his first car was a HR 186 Wagon Special , lol

[dazzrael]

toyota have a 2.9% finance deal at the moment, they did the same thing in december last year. i bought a new corolla on it and its a great deal! i said at the time on this forum, that if holden did something similar i would have bought a cruze...... looks like they heard me! you watch sales go up while this deal is on.

[bonners]

0.5% finance is just another way of wording a deal or writing the figures.

Either a $70k rrp car reduced $6-$10k at 7% or rrp at 0.5%. Probably slightly better in the long run on 7%... Don't know the exact figures.

GT-I9300T 2

[Plenty]

Dad just purchased new SV6, the deal was made all the back and forth etc etc and then signed with the usual subject to finance. Then the usual accessories dealer and then onto the finance rep, post #14 you have been fed a load of dribble. 0.5% finance was worked on the total cost after the signing ie. post bargaining read not RRP ans for the total payed over the 36 months

It's a very good deal and works as it says it's just a lot of money to pay in 3 years for a lot of people, as for what does the car yard gain? Well it gets some much needed sales, probably a lot that it would not have without the 0.5%

It's a deal GM Holden have done with the lenders not the car yards. Well that's our experience with the deal anyway! Seriously considering updating myself!

[redvxr8clubby]

Dad just purchased new SV6, the deal was made all the back and forth etc etc and then signed with the usual subject to finance. Then the usual accessories dealer and then onto the finance rep, post #14 you have been fed a load of dribble. 0.5% finance was worked on the total cost after the signing ie. post bargaining read not RRP ans for the total payed over the 36 months

It's a very good deal and works as it says it's just a lot of money to pay in 3 years for a lot of people, as for what does the car yard gain? Well it gets some much needed sales, probably a lot that it would not have without the 0.5%

It's a deal GM Holden have done with the lenders not the car yards. Well that's our experience with the deal anyway! Seriously considering updating myself!

If your dad paid say around $36990 for an auto SV6 plus any extras at normal and then secured .5% on top, he has done very well. Looking on Carsales the deals that quote .5% interest have the $35K cars at nearer to $42K or $43K, clearly marked up by about $7K judging by these ads.

[Plenty]

If your dad paid say around $36990 for an auto SV6 plus any extras at normal and then secured .5% on top, he has done very well. Looking on Carsales the deals that quote .5% interest have the $35K cars at nearer to $42K or $43K, clearly marked up by about $7K judging by these ads.

When i read all the negative posts i thought i would share, but you are right it appears they are jacking up the prices just for the "special offer", which i could see where everyone is coming from. One thing he never mentioned he was taking the 0.5% until he spoke to the finance guy so the sales manager had no idea i suppose.

[redvxr8clubby]

When i read all the negative posts i thought i would share, but you are right it appears they are jacking up the prices just for the "special offer", which i could see where everyone is coming from. One thing he never mentioned he was taking the 0.5% until he spoke to the finance guy so the sales manager had no idea i suppose.

So if he has paid well over $40K for the car, the price has been jacked up from previous "sale price" I'm thinking you'd probably be paying more than $43,000 for an SV6 auto with the .5% finance, there are a number of ads on Carsales which have SV6's for $49K, which is more like a $13K mark up over recent prices advertised on Holden website ($34990 for a manual drive away - I believe autos in an SV6 are typically normally about $1000 more than a manual, so I think anything much more than $36,000 for an auto SV6 isn't a very good deal. Of course .5 % finance does offset this, but overall you'd have to negotiate a much better price than I see advertised to make this a good deal.

[tezzastreasures]

hey all. just bought a new tm barina hatch on wednesday for the daughter. manual with metallic paint. total interest over 3 years. $187.00. with a ballon payment of $6915 at the end. i,m pretty happy with that. repayments are $78 a week.

cheers

[qikute83]

I went into a dealer on wednesday to enquire about this sale i was told by him that an sv6 would cost me 45k on the finance deal i then asked how much without the special...... 35k on the road

GT-I9100 2

[falcom]

I went into a dealer on wednesday to enquire about this sale i was told by him that an sv6 would cost me 45k on the finance deal i then asked how much without the special...... 35k on the road

GT-I9100 2

If that is correct then Holden marketing has pulled the wool over the consumers eyes again.

A friend of mine bought a Cruze as he was impressed with the ADR fuel economy only to find that in the real world the fuel economy was
Much worse than other cars that had higher ADR figures. Holden obviously tuned/geared the car for a good ADR figure for marketing
Purposes rather than for drive ability and real world economy.

[VYBerlinaV8]

And in the end you pay $55k for a car thats only worth $35k and once it leaves the dealer it is worth $25k

This is spot on, and something to think about.