Time value of money

Leeds Autos has just announced its new promotional deal on the new $45,000 Z4 Roadster. You pay $5,000 down, and then $1000 for the next 40 months. Its next door competitor, Chatham Hill Autos will give you a $3000 off the list price straight away. If the interest rate is 6% a year, which company is giving a better deal