Originally Posted by
michael320
The last main dealer car I bought was on finance, it was premium selection from BMW. They explained that no finance company will underwrite cars after that car is 8 years old, this means that a 5 year old car can be financed for a terms of 36 months, a 6 year old for 24 months and so on... That said its rare to find a five year old car on dealer forecourts these days unless it something special of has exceptionally low miles.
I don't have any experience with car leasing but with vans it can make a lot of sense. Northgate for example will hand out a new berlingo van for as little as 295 + VAT per month, no deposit and a flexible contract however your miles are fairly limited.