Oracle finance

mpgrant5 · 01-12-2012, 01:34 PM

I am talking to oracle about purchasing a carHas anybody used oracle to fund a car?

Palmnuts · 01-12-2012, 01:51 PM

Yes, used them loads of times....ask for Mark Pearson as he's always looked after me well.

The only times I found Oracle can't compete is when they're up against manufacturer-subsidised finance (such as the Merc deals - even my XKR was on low-rate Jag-subsidised finance)...in these case, they can't really come close.

One thing to beware of and why I haven't used them for my last couple of purchases is that if they source you finance through ING (who appear to be their preferred partner) then there are now quite strict penalties for settling too early, especially in the first year. For me, this is obviously a problem so I now tend to use Oracle's quotes as a negotiating point in dealers and try and get manufacturer-branded finance (which doesn't have said penalties) for similar money.

BGM · 01-12-2012, 02:57 PM

yes, very good. i've purchased one car with their help and know a few people who have had many

great choice.

01-12-2012, 01:34 PM	#1
mpgrant5 Private First Class 49 Rep 188 Posts Drives: Bmw m2 cs + 340d Join Date: Mar 2008 Location: Uk iTrader: (0)	Oracle finance I am talking to oracle about purchasing a carHas anybody used oracle to fund a car?
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01-12-2012, 01:51 PM	#2
Palmnuts Lieutenant Colonel 170 Rep 1,957 Posts Drives: Huracan Evo & M8 GC Join Date: Nov 2008 Location: Leicestershire, UK iTrader: (0)	Yes, used them loads of times....ask for Mark Pearson as he's always looked after me well. The only times I found Oracle can't compete is when they're up against manufacturer-subsidised finance (such as the Merc deals - even my XKR was on low-rate Jag-subsidised finance)...in these case, they can't really come close. One thing to beware of and why I haven't used them for my last couple of purchases is that if they source you finance through ING (who appear to be their preferred partner) then there are now quite strict penalties for settling too early, especially in the first year. For me, this is obviously a problem so I now tend to use Oracle's quotes as a negotiating point in dealers and try and get manufacturer-branded finance (which doesn't have said penalties) for similar money.
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01-12-2012, 02:57 PM	#3
BGM Colonel 58 Rep 2,398 Posts Drives: F20 M140i Join Date: Oct 2009 Location: Farnborough, UK iTrader: (0)	yes, very good. i've purchased one car with their help and know a few people who have had many great choice.
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