Oops don’t even know what I was trying to say there, ha.
I meant, I was offered the same amount just spread over the number of months. There was no incentive to pay via this ‘plan’, is what I meant. Might as well just keep the cash yourself and pay the full bill when you come to servicing.
Dealer has told me the £649 is £100 less than it would be if I paid for each service at the time.
But, if I’m taking the car on 3 year PCP, service number 3 is in month 36. Why am I paying for that, rather than just delaying it until the day after I give it back?
And do I actually save £ by giving them £649 up front, compared to holding on to it and giving them £250/year in month 12, 24 & 36?
Maths was never my strong point but I calculate you save £101 (ie spend less)
You would have to check your pcp agreement to see if you are liable due the year 3 service. It might be worth considering the situation where your next car is not available in time before your 3 year service is due…
I get your point but I’m about to sign a 3 year commitment to be paying a few £hundred a month for a car. If the dealer turns round and says “please pay another £649 up front now” that’s quite a hefty unplanned expense in 1 month - instead of the monthly accrual I make towards service costs.
At that point, the £100 I “lose” by paying for them as I go becomes kind of trivial.
Alternatively, I could turn that around and say the dealer is making an arrangement to take £15K of my money over the next 3 years, giving me £100 rebate on service costs is frankly the least they could do.
Equally If you can afford £649 of unplanned expenditure in any given month without worrying about your other expenditure, all power to you.
Anyway, this thread feels like it’s run its course. As a forum newbie, do I need to do anything to close it as “question answered”?
Are you paying the dealer £15k? Or are you paying Mazda? Or are you paying a finance company? You are getting a car so claiming the dealer is taking £s from you is a little disingenuous…
If you can’t afford the £649 upfront (I thought that was the cost spread over several instalments not a single payment t) maybe you shouldn’t be borrowing £15k…
People are happy to rent a depreciating asset by paying several hundred pounds a month to own nothing…but bulk at paying a few hundred pounds a year, typically less than a month’s rent, to maintain it…
Just had my MX5’s first MOT and an annual service done at Oakmere Mazda. Great bunch and reasonably priced for a main dealer. Shop around, they’re not all fixed prices.
Just had the second service completed this week on my ND 1.5. Was originally quoted £240, but was pleasantly surprised when it came to £212. Oakmere Mazda in Northwich.
In the showroom along with the Lotus and Caterhams was a Sunbeam Alpine apparently with a Hemmy engine. At £59.995 will stick with the MX5.