I think that's OK for adealer scheme. Obviously it depends on how you are paying - HP, PCP etc. and how much.
Some of the alternates to contemplate are:
Borrowing against house/mortgage - lower rate; may cost some to set up; time; only cost effective if you pay it off as planned, not over the life of the mortgage.
HP - lot's of good rates around at the mo - less than 6% if you're borrowing less than Pounds25K
Sainsburys amonge other are doing a very competitive car purchase scheme like a PCP and you can use their quote to pay your dealer.
Last time I used Porsche PCP though at it was competitive - challenged them with some other quotes and they matched them.
This time it was 'Chip & Porsche'
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