Financing a CSL

**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

, my recent trip to the Ring on standards was a big disappointment

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.

**glendog74** · 14-05-2009, 06:12 PM

Quote:

Originally Posted by csl_mba

Cant blame you looking for the AP's though

, my recent trip to the Ring on standards was a big disappointment

That's partly because you drove around it in full Auto SMG mode - you big wuss!

spanner · 15-05-2009, 01:51 PM

Quote:

Originally Posted by danr55

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.

14-05-2009, 02:58 PM	#1
danr55 S5 - Full Throttle Join Date: May 2009 Posts: 262 Casino cash: $604	Financing a CSL 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!

14-05-2009, 03:26 PM	#2
anissut S4 - Getting the hang of it Join Date: Oct 2008 Location: London, UK Posts: 211 Casino cash: $4236	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. __________________ M3 CSL............no.3 in silver grey

14-05-2009, 05:10 PM	#5
csl_mba S5, Sport Off, DSC M-track Hexxagon Champion! Breakout Champion! Bowling Champion! Join Date: Oct 2008 Location: Derbyshire Posts: 633 Casino cash: $1209	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 , my recent trip to the Ring on standards was a big disappointment __________________ Will wash your car for Casino Cash

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14-05-2009, 04:29 PM	#3
azrael S5, Sport On, DSC M-track Join Date: Sep 2007 Location: Portsmouth/Reading Posts: 1,292 Casino cash: $9290	I second Jamie Garside at EuroLease

14-05-2009, 04:45 PM	#4
Jeff S4 - Getting the hang of it Join Date: Mar 2009 Location: Southfields, London Posts: 121 Casino cash: $675	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.

14-05-2009, 05:20 PM	#6
monkeycsl S5 - Full Throttle BMX Park Champion! Join Date: Jan 2008 Location: essex Posts: 444 Casino cash: $18732	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.