1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Quite miffed at financing...

Discussion in 'Gen 3 Prius Main Forum' started by Gord, Jun 18, 2009.

  1. Gord

    Gord New Member

    Joined:
    Jun 10, 2009
    55
    4
    0
    Location:
    Glasgow, UK
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Well, this morning I found out that I won't be able to get the 2010 Prius until... 2010. At least February :(

    Reason? I'm self employed, so I have to have a years worth of accounts and have them all verified by my accountant and have the financing people work with him for me to get any loans. Totally sucks...

    Oh well I guess I'll be joining the fleet in 8 months then, hope y'all don't mind me kicking around here Priusless until then :p
     
  2. nineinchnail1024

    nineinchnail1024 New Member

    Joined:
    May 4, 2009
    280
    40
    0
    Location:
    New Orleans
    Vehicle:
    2010 Prius
    Model:
    III
    You mean you actually have to be able to prove income to buy a car? Maybe the recession and effects of reckless lending finally have caught up to us... Still, that sucks. Don't worry. 8 months will fly by.

    EDIT: Just noticed you're across the pond. I guess reckless lending is more of an American issue...
     
  3. Gord

    Gord New Member

    Joined:
    Jun 10, 2009
    55
    4
    0
    Location:
    Glasgow, UK
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Yeah I have to show my business income for a year to show that it is sustainable and that I can afford to repay them back. This isn't a new thing for the UK, usually though you only had to show 3 months, now its an entire year! I don't know if this applies to all financial institutions, but if I want the lowest rates, then I have no option but to wait.

    I guess its a good thing really, I can save up more for the deposit so my monthly payments will be lower :) Always some good in every bad.