Financing a CSL [Archive]

danr55

14-05-2009, 02:58 PM

Guys

Having a nightmare with finance on a CSL. basically, I'm looking at a 10% deposit and financing the rest. Approved on finance company but they are only advancing around 21 or 22k, leaving a shortfall depending on which of the 2 cars I'm looking at - one is very well specced, and one was a standard but I was adding AP's front a rear as for me this is a must..

Anyone got any (preferably very recent) experience of a finance company that understands the value of these cars?

Any help appreciated!

anissut

14-05-2009, 03:26 PM

Speak to a chap called Jamie Garside at Eurolease on 01737 212650. Tell him you know me (Anis). He has done a fair few CSLs. Lombard were coming back with a stupidly low balloon on mine as initially they were valuing as a 54 M3 and not a CSL. You should also print off adverts of similar CSLs (preferably BMW AUC) to back up your argument. Hope that helps.

azrael

14-05-2009, 04:29 PM

I second Jamie Garside at EuroLease :)

Jeff

14-05-2009, 04:45 PM

Jamie is THE man. He just did my CSL finance, he did the Porsche finance as well. If you're buying private it's a bit more work for him but he can still do it. Age of cars is the issue at the moment as finance companies are shying away from older cars. 10 year old cars like the GT3 are costing people far more in interest rates now.

csl_mba

14-05-2009, 05:10 PM

Ive just paid off the finance on my car but that was half of what you are wanting to borrow. Cant blame you looking for the AP's though :drool:, my recent trip to the Ring on standards was a big disappointment :gayfight:

monkeycsl

14-05-2009, 05:20 PM

I found standard brakes fine around the ring you just need braided lines,racing brake fluid and decent pads and they are awsome then.The ring is a nice flowing circuit and once you been there a few times you realise you dont need to brake as much as you think.:thumbs:

glendog74

14-05-2009, 06:12 PM

Cant blame you looking for the AP's though :drool:, my recent trip to the Ring on standards was a big disappointment :gayfight:

That's partly because you drove around it in full Auto SMG mode - you big wuss! :gayfight: ;) :hahaha:

monkeycsl

14-05-2009, 07:21 PM

Yes that would cook the brakes for sure also makes it a rough ride for the passenger all that on off power delivery.:smt078

_Nathan_

14-05-2009, 07:34 PM

Why would running in auto mode cook the brakes?

csl_mba

14-05-2009, 08:12 PM

I could of gone full flappy paddle but i think my passengers would of shat themselves if i took my hand off the wheel to change down :thumbs:

Now Tankslapper at Spa was driving with one hand in flappy mode and was very very fast!! :beer:

glendog74

14-05-2009, 08:26 PM

Why would running in auto mode cook the brakes?

I meant to say with traction fully engaged also... :whistle:

danr55

14-05-2009, 08:36 PM

thx for the heads up on Jamie guys, seems a very genuine switched on guy. Fact is the situation with finance on these cars has changed a lot in the last 4-6 weeks and finance companies are wanting at least 20-30% deposit, which is fine but I dont have that right now.:hahaha:

brakes are on hold, but car is ordered. woohooo.

What pads would you recommend for standard brakes? :)

TANKSLAPPER

14-05-2009, 09:41 PM

I could of gone full flappy paddle but i think my passengers would of shat themselves if i took my hand off the wheel to change down :thumbs:

Now Tankslapper at Spa was driving with one hand in flappy mode and was very very fast!! :beer:
I drive a mix of flappy and auto mode

It is only my opinion that auto mode under high speed braking gives the best result, as the car is deciding prefect timing on the down changes this in turn makes you use the brakes less.

I also use auto mode for the up changes when their is a big straight.

shimmy

14-05-2009, 09:49 PM

3wheels3 drives in auto mode in SMG speed 6 and it seems to work very very well on track:bigcry:

TANKSLAPPER

14-05-2009, 10:03 PM

3wheels3 drives in auto mode in SMG speed 6 and it seems to work very very well on track:bigcry:

How does he get SMG speed 6 in auto mode ?

I can only get speed 5, am I missing something ? I know 3wheels3 is quick, maybe we call him 6wheels6

shimmy

14-05-2009, 10:09 PM

How does he get SMG speed 6 in auto mode ?

I can only get speed 5, am I missing something ? I know 3wheels3 is quick, maybe we call him 6wheels6

sorry may be 5, never used it personally (just meant the top speedyou can get)

doesnt auto go to 6 when DSC is off, like in manual?

bryce

14-05-2009, 10:12 PM

doesnt auto go to 6 when DSC is off, like in manual?

Never been :gayfight: enough to try

shimmy

14-05-2009, 10:24 PM

Never been :gayfight: enough to try

gayer :blalalala: buy a Honda:thumbs:

bryce

14-05-2009, 10:29 PM

I meant auto mode! :hahaha:

shimmy

14-05-2009, 10:44 PM

I meant auto mode! :hahaha:

i know;)

_Nathan_

15-05-2009, 08:23 AM

11 modes - 5 auto and 6 manual.

shimmy

15-05-2009, 10:23 AM

5 manual if you dont turn the DSC off!

spanner

15-05-2009, 01:51 PM

Guys

Having a nightmare with finance on a CSL. basically, I'm looking at a 10% deposit and financing the rest. Approved on finance company but they are only advancing around 21 or 22k, leaving a shortfall depending on which of the 2 cars I'm looking at - one is very well specced, and one was a standard but I was adding AP's front a rear as for me this is a must..

Anyone got any (preferably very recent) experience of a finance company that understands the value of these cars?

Any help appreciated!

I financed mine through Oracle - spoke to Natalie who was excellent. The finance went through Lombard who came to inspect the car as it was a private sale.

Things have obviously changed since then and I don't reckon the fiannce companies will be as generous these days.