Iancorker wrote:So why is the finance price lower than the cash price?
Precio al contado: 14290 euros
Condiciones de la financiación
12190€ Precio financiado.
14290€ Precio de contado.
Cash price: 14290 euros
Conditions of financing
12190€ Financed price.
14290€ Cash price.
Or is the translation incorrect?
Probably similar to many financed vehicles in the UK. The dealer gets a commission from the finance company, and passes some of that commission on to the customer if they take out finance.
My last car in the UK was £32000 cash, or £29500 on finance due to a £2500 dealer contribution. I took the finance, paid the deposit, got the car, waited until the day after the ROW period, and then paid off the finance.
The commissions some finance companies pay the dealers can be eye-watering, so it's nice to see at least SOME of it benefit the customer!!!