Why finance is better than cash for buying a new car

Cash has historically been king when it comes to getting the 
best deal on a new car, but our research reveals you 
could be up to £12,000 better off by entering a finance deal...

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Claire Evans
11 July 2018

2019 Volkswagen Touareg review: price, specs and release date

Luxury SUVs

The Volkswagen Touareg is comfortable and capable, if not the most luxurious inside, and a (16%) saving for choosing  finance is a big bonus. A similarly large cut is available on the Audi Q7, one of the very best all-rounders on sale today.

  • Volkswagen Touareg 3.0 V6 TDI 4Motion SEL 
  • List price  £49,135
  • Cash Target Price  £45,480
  • Finance Target Price  £45,993
  • Finance saving  £3000
Audi Q7
  • Audi Q7 45 TDI quattro Sport 
  • List price  £54,070
  • Cash Target Price  £48,732
  • Finance Target Price  £42,480
  • Finance saving  £2740
Mercedes GLS front
  • Mercedes-Benz GLS 400 4Matic AMG Line
  • List price  £73,145
  • Cash Target Price  £66,849
  • Finance Target Price  £64,254
  • Finance saving  £2595

MPVs

MPVs are far from fashionable, but that means they can add massive savings to their offering of super practicality. The Golf SV’s £3000 saving beats that of the seven-seat 2 Series, because it’s 27% off the Target Price compared with 20%.  

VW Golf SV prices start at 18,875
  • Volkswagen Golf SV 1.6 TDI 115 Match
  • List price  £25,135
  • Cash Target Price  £22,833
  • Finance Target Price  £19,833
  • Finance saving  £3000
BMW 2 Series Gran Tourer front
  • BMW 2 Series Gran Tourer 220d Sport 
  • List price  £34,060
  • Cash Target Price  £31,332
  • Finance Target Price  £28,332
  • Finance saving  £3000
Fiat 500L
  • Fiat 500L 1.4 16V S-Design
  • List price  £18,910
  • Cash Target Price  £18,381
  • Finance Target Price  £15,681
  • Finance saving  £2700

Hybrids and electric cars

The plug-in hybrid BMW 7 Series hybrid is a very pricey car, but the finance savings are substantial, too; £10,000 represents 34% off Target Price. And if you aren’t one of the fortunate few, how about a healthy 23% snip on the electric Kia Soul SUV? 

BMW 740e iPerformance
  • BMW 7 Series 740e
  • List price  £73,140
  • Cash Target Price  £64,534
  • Finance Target Price  £54,534
  • Finance saving  £10,000
2019 Mercedes-Benz E300e
  • Mercedes-Benz E-Class E300e SE
  • List price  £49,725
  • Cash Target Price  £44,704
  • Finance Target Price  £41,669
  • Finance saving  £3035
  • Deal of the Day: Kia Soul EV
  • Kia Soul EV
  • List price  £30,495
  • Cash Target Price  £27,817
  • Finance Target Price  £24,817
  • Finance saving  £3000
  • < Previous: Best deals on small, family and large SUVs

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