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Author Pay monthly car
IvIarkgraham
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Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
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5th Jan 10 at 11:41   View Garage View User's Profile U2U Member Reply With Quote

why would you pay 10k for a swing or a round about?

you can get both for about 50quid
am4nf
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Registered: 27th Jul 08
Location: South Ayrshire Drives: Corsa Sport
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5th Jan 10 at 11:42   View User's Profile U2U Member Reply With Quote

You seem to know an awful lot of people who are buying or selling cars will
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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5th Jan 10 at 11:48   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by am4nf
You seem to know an awful lot of people who are buying or selling cars will


It's his portfolio of clients.
sc0ott
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Registered: 16th Feb 09
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5th Jan 10 at 11:56   View User's Profile U2U Member Reply With Quote

i dont know why people pay or want to pay thousands on a brand new shell with the power of a fart. she is a girl, she will probably get cheaper insurance on the VXR (sarcasm). if she is willing to pay that much then go for a better, but older car. what about finance on an older type R?
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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5th Jan 10 at 11:57   View User's Profile U2U Member Reply With Quote

It's a good point Scott, very good point.

Obviously running costs are more but if you get something like a CTR that should be reliable you could save quite a bit of cash.
sc0ott
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Registered: 16th Feb 09
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5th Jan 10 at 12:00   View User's Profile U2U Member Reply With Quote

i defo wouldnt take out a car on finance if i new i couldnt afford to run it afterwards.
John
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Registered: 30th Jun 03
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5th Jan 10 at 12:02   View User's Profile U2U Member Reply With Quote

Girls don't want to go and buy a second hand type r, I don't even want to go and buy a second hand type r.

Anybody who pays book price for a corsa is an idiot also, check arnold clark, they have loads of them.
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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5th Jan 10 at 12:04   View User's Profile U2U Member Reply With Quote

What car does Rob Roy drive?
John
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Registered: 30th Jun 03
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5th Jan 10 at 12:05   View User's Profile U2U Member Reply With Quote

Fabia vRS I heard.
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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5th Jan 10 at 12:08   View User's Profile U2U Member Reply With Quote

Perfect IMO.
Kurt
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Registered: 23rd Oct 05
Location: Hi
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5th Jan 10 at 13:31   View User's Profile U2U Member Reply With Quote

i pay 250 a month after putting 2k down as a deposit.

its a 3 year hire purchase deal with something like 4.6% interest.. however i did get roughly 3k off the price of the car anyway through my fiat staff discount
Daveskater
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Registered: 29th Apr 08
Location: Oxford, UK Drives: Jap wagon
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5th Jan 10 at 14:20   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by am4nf
You seem to know an awful lot of people who are buying or selling cars will
They're all his sister Why he needs to make a new thread every other day with another stupid idea, I don't know.


Numberwang!

Originally posted by AlunJ
I like you Dave, you are a man of men

Originally Whatapp'd by Neo
Dave's maybe capable of a drive-by cuddle

Look at my pictures
am4nf
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Registered: 27th Jul 08
Location: South Ayrshire Drives: Corsa Sport
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5th Jan 10 at 16:49   View User's Profile U2U Member Reply With Quote

I recon anything created by doyle that has "how much" in the title should automatically be binned

Will buying a new car is a very silly idea, plus you know nothing, so stop asking everyone so you can seem like a smart arse when you report back

Also for the how much are these pistons worth, ebay will tell you
Pop
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Registered: 8th May 03
Location: Reading
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5th Jan 10 at 18:44   View User's Profile U2U Member Reply With Quote

You can get a Citroen C2 1.4 VTR for £130 p/m over 3 years with a £600 deposit.

Google is your friend.
Nath
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Registered: 3rd Apr 02
Location: MK
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5th Jan 10 at 19:09   View User's Profile U2U Member Reply With Quote

lol
Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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5th Jan 10 at 19:15   View User's Profile U2U Member Reply With Quote

k
John
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Registered: 30th Jun 03
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5th Jan 10 at 19:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Pop
You can get a Citroen C2 1.4 VTR for £130 p/m over 3 years with a £600 deposit.

Google is your friend.


5280 for a new C2?
Pop
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Registered: 8th May 03
Location: Reading
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5th Jan 10 at 21:45   View User's Profile U2U Member Reply With Quote

Sorry, missed off the bit about it being leased, which in my opinion is the best way of paying for a brand new car.
Ian
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Registered: 28th Aug 99
Location: Liverpool
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5th Jan 10 at 22:05   View Garage View User's Profile U2U Member Reply With Quote

Will, do the maths yourself and work it out.

Deposit + (payment x term) = what you'll end up paying.

If there's a balloon payment at the end then instead use

Deposit + (payment x term) + Balloon = what you'll end up paying.

179 x 60 is 10740

Plus 2k deposit is 12740.

12 grand is a lot considering it'll be worth 6 in two years. Problem you have then is that she'll have only paid off the deposit plus 24 payments (=6296) so the car will be worth basically nothing to her.

By way of comparison, my Twin Top was 12k and I would hope it'll be worth more than 6 next year and (with respect), its a better car. She could insure a 1.6, drive a nicer car and have something that was worth money to her in a few years rather than shelling out 6 grand to give the car away.

Not sure on figures if she really wants a Corsa but I'm sure my mate got a D SXi for about 9k pre-reg. Would have had to pay interest but not 3k worth. Plus you get discount for early settlement anyway so the total amount payable is offset by that if you sell before the end of the term.
John
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Registered: 30th Jun 03
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6th Jan 10 at 00:08   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Pop
Sorry, missed off the bit about it being leased, which in my opinion is the best way of paying for a brand new car.


That's renting though, I'd rather own.
Pop
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Registered: 8th May 03
Location: Reading
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6th Jan 10 at 06:46   View User's Profile U2U Member Reply With Quote

Out of interest, why?
John
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Registered: 30th Jun 03
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6th Jan 10 at 12:38   View User's Profile U2U Member Reply With Quote

Just to have something to show for my money, same reason I wouldn't rent a house really.

I know it works out better for some people but I looked into it a few months ago and it was paying out an awful lot of money for something I didn't own (unless I paid a stupidly expensive balloon payment)
A2H GO
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Registered: 14th Sep 04
Location: Stoke
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6th Jan 10 at 13:22   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Kurt
i pay 250 a month after putting 2k down as a deposit.

its a 3 year hire purchase deal with something like 4.6% interest.. however i did get roughly 3k off the price of the car anyway through my fiat staff discount


All depends what it will be worth when you come to sell it and how much you will owe? I.e at the end of the 3 years you will owe X amount but the car will be worth X +/- ?.

The Mrs has her Mini on HP, at the end of the 3 years she will owe £6k and Mini have signed to say they will give a minimum of £8k for the car.
John
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Registered: 30th Jun 03
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6th Jan 10 at 13:24   View User's Profile U2U Member Reply With Quote

That doesn't sound a very good deal, paying up for 3 years and the car only being worth 2k at the end of it?
A2H GO
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Registered: 14th Sep 04
Location: Stoke
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6th Jan 10 at 14:05   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by John
That doesn't sound a very good deal, paying up for 3 years and the car only being worth 2k at the end of it?


Depends whats been paid over the 3 years. Alternatively she could have owned the car outright at the end of the term but the payments would have been a lot higher. Horses for Courses.

The same deal at Vaux on a Corsa ended up in the car being worth less than the outstanding finance following the 3 year term, presumably due to a faster depreciation rate.

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