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Community Forums => The Lounge => Topic started by: Snatiramas on May 19, 2009, 08:57:45 AM



Title: Dilemma
Post by: Snatiramas on May 19, 2009, 08:57:45 AM
Now in life there are certain things that one knows about and certain things that one doesn't. I know a little about management, sales even a small amount about poker but I know nothing about cars. a change in my circumstances means I need a car. I am sorely tempted to go on Autotrader or some such like and buy an old banger sub £1000 and just run it until it gives up. The problem with this is that I would have no idea how I could tell that it was likely to last me 6 to 12 months.

An alternative would be to get a new 1100/1200cc car on a finance deal over 4yrs and then Snatty jr can have it as his first car.........

Just don't know what to do


Title: Re: Dilemma
Post by: kinboshi on May 19, 2009, 09:19:00 AM
If you're going for a car for £1,000 you can get one that'll run and run (with a bit of luck).  I'd go for Japanese, and ideally something with a decent service history, etc.

I wouldn't get a brand new car on PCP or a finance deal from the dealer - they will generally cost you more than if you got a personal loan independently and then bought the car with the cash from that.  There are lots of good offers on at the moment.  Have you had a look at nearly new cars?  Pre-registered, demo cars, etc.  If you're flexible on what you want, these can often be your best bet.

You could also lease a car for two or three years - for a small car this can be as low as £120 a month, and at the end of the contract you just hand the car back.  It means you never own the car, but you don't have to fork out the cost of buying it or go through the hassle of selling it for far less when you want rid.



Title: Re: Dilemma
Post by: TheChipPrince on May 19, 2009, 10:03:41 AM
If your thinking about leasing, I love this website  -  http://www.lingscars.com/


Title: Re: Dilemma
Post by: cdw1111 on May 19, 2009, 11:20:53 AM
If your thinking about leasing, I love this website  -  http://www.lingscars.com/


What a strange website,i can't decide if it's brilliant or if it makes me feel a little queasy.I remember her from Dragons den,looks like it's going well,fair play.


Title: Re: Dilemma
Post by: rex008 on May 19, 2009, 11:35:07 AM
Website - so bad it's brilliant. Breaks absolutely all the rules of presentation, and yet works. Superb. And now I've got spots in front of my eyes :).


Title: Re: Dilemma
Post by: byronkincaid on May 19, 2009, 11:37:09 AM
I was looking for an old banger recently after some muppet wrote my car off, everything was horrible tbh, spent hours on autotrader, idiot traders blatantly lie to you on the phone, took 2 weeks to find something half decent. pretty much everything I looked at had been misrepresented to some extent in the ad. I blame boldie.





Title: Re: Dilemma
Post by: TheChipPrince on May 19, 2009, 11:38:04 AM
She's very successful by all accounts, I think a lot of ppl smile at at the website, its so much better than some of these bland flash based websites...


Title: Re: Dilemma
Post by: thetank on May 19, 2009, 11:46:44 AM
I love the Big Mac index.

For those unable to fathom what £158/month means in real terms, it's equivalent to just 2.3 Big Macs a day.

tyvm Ling


Title: Re: Dilemma
Post by: outragous76 on May 19, 2009, 11:49:28 AM
I know this sounds crazy - but if you are thinking small car - buying new is not a bad shout ATM

Buy a sh1t tip for 100 quid - get £2k scrap value against a new car- - 7k car for 5 k - you get 3 years warranty trrouble free mototring and could finance it yourself for about £125/month over 4 years

EG. New car 7k

Get 2k off for scrap - therefore pay 5k.

Finance over 4 years = pay 6k total

6,000 / 48 months  = 125

Great time to get a new car and you have hassle free motoring for several years and can then give it your your young un!

GLGLGLGGLLGl


Title: Re: Dilemma
Post by: Graham C on May 19, 2009, 12:03:06 PM
Don't you have to own an old car for a year before you are entitled to the £2k?


Title: Re: Dilemma
Post by: Dewi_cool on May 19, 2009, 12:03:34 PM
you have to own the car for 12 months before you get the £2k scrappage though

snap


Title: Re: Dilemma
Post by: TheChipPrince on May 19, 2009, 12:04:18 PM
This is awesome off Lings site, nearly up to the big mac index...

Note: Other "professional" car sites (in suits) will treat you very politely, but they think you are a twat.

On the other hand, I treat you like grown adult but really, I love you to bits.

As long as you have at least some intelligence and humour :) - Ling


Title: Re: Dilemma
Post by: TheChipPrince on May 19, 2009, 02:10:33 PM
lol, newest member!


Title: Re: Dilemma
Post by: rex008 on May 19, 2009, 02:15:55 PM
LOL.

Hey, LINGsCARS, my wife wants a smallish car, but with 7 seats, preferably a convertible, with a high driving position. Must be available in an automatic, and economical to run. What do you recommend?


Title: Re: Dilemma
Post by: G1BTW on May 19, 2009, 05:01:34 PM
Very low mpg, very good plice

http://www.lingscars.com/Sinclair/C5/3362-0.1_(1bhp)_2-pedal_1-seat__roofless_100Ah_Convertible_2dr.html


Title: Re: Dilemma
Post by: kinboshi on May 19, 2009, 05:07:40 PM
LOL.

Hey, LINGsCARS, my wife wants a smallish car, but with 7 seats, preferably a convertible, with a high driving position. Must be available in an automatic, and economical to run. What do you recommend?

A different wife?


Title: Re: Dilemma
Post by: G1BTW on May 19, 2009, 09:43:24 PM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.


Title: Re: Dilemma
Post by: rex008 on May 19, 2009, 10:30:18 PM
LOL.

Hey, LINGsCARS, my wife wants a smallish car, but with 7 seats, preferably a convertible, with a high driving position. Must be available in an automatic, and economical to run. What do you recommend?

A different wife?

Don't tempt me :). We're moving house house buying tearing our hair out at the moment. The stress is getting to me. The new owners of ours may have to avoid digging under the patio :).

Sorry, thread hijack.

I'd be looking 2/3 year old cars, if it were me. Usually reliable for a bit, and usually 1/2 the price of a new one.


Title: Re: Dilemma
Post by: kinboshi on May 20, 2009, 08:57:19 AM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


Title: Re: Dilemma
Post by: boldie on May 20, 2009, 09:19:23 AM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


I take it if I were to lease a Merc C180 or something similar like that (about 30k miles a year) you could get me one for round about £250'ish (inc maintenance and servicing obv) on my Boldie doscount card, no?


Title: Re: Dilemma
Post by: kinboshi on May 20, 2009, 09:26:33 AM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


I take it if I were to lease a Merc C180 or something similar like that (about 30k miles a year) you could get me one for round about £250'ish (inc maintenance and servicing obv) on my Boldie doscount card, no?

I was actually talking about Mercs in my example.  You're not going to get one near the price you've quoted at the moment.


Title: Re: Dilemma
Post by: byronkincaid on May 20, 2009, 10:00:04 AM
i don't know much about leasing but I heard people are really getting kicked in the nuts now for wear/tear/minor damage when the cars are handed back, stuff that you used to be able to get away with.

is there someone who makes sure these charges are fair or could i set up a lease company, have great rates but make my money through overcharging for damage?





Title: Re: Dilemma
Post by: boldie on May 20, 2009, 11:14:10 AM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


I take it if I were to lease a Merc C180 or something similar like that (about 30k miles a year) you could get me one for round about £250'ish (inc maintenance and servicing obv) on my Boldie doscount card, no?

I was actually talking about Mercs in my example.  You're not going to get one near the price you've quoted at the moment.

but what about my Boldie discount card?


Title: Re: Dilemma
Post by: kinboshi on May 20, 2009, 11:17:15 AM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


I take it if I were to lease a Merc C180 or something similar like that (about 30k miles a year) you could get me one for round about £250'ish (inc maintenance and servicing obv) on my Boldie doscount card, no?

I was actually talking about Mercs in my example.  You're not going to get one near the price you've quoted at the moment.

but what about my Boldie discount card?

That adds a premium of 15% to the cost.


Title: Re: Dilemma
Post by: MPOWER on May 20, 2009, 11:29:44 AM
If you're going for a car for £1,000 you can get one that'll run and run (with a bit of luck).  I'd go for Japanese, and ideally something with a decent service history, etc.

I wouldn't get a brand new car on PCP or a finance deal from the dealer - they will generally cost you more than if you got a personal loan independently and then bought the car with the cash from that.  There are lots of good offers on at the moment.  Have you had a look at nearly new cars?  Pre-registered, demo cars, etc.  If you're flexible on what you want, these can often be your best bet.

You could also lease a car for two or three years - for a small car this can be as low as £120 a month, and at the end of the contract you just hand the car back.  It means you never own the car, but you don't have to fork out the cost of buying it or go through the hassle of selling it for far less when you want rid.





Kinboshi without question you post some good stuff and then again you post some shite.

Do you lay down shut your eyes untill some garbage comes into your head?

All good fun. 

Regards

M


Title: Re: Dilemma
Post by: kinboshi on May 20, 2009, 12:16:55 PM
If you're going for a car for £1,000 you can get one that'll run and run (with a bit of luck).  I'd go for Japanese, and ideally something with a decent service history, etc.

I wouldn't get a brand new car on PCP or a finance deal from the dealer - they will generally cost you more than if you got a personal loan independently and then bought the car with the cash from that.  There are lots of good offers on at the moment.  Have you had a look at nearly new cars?  Pre-registered, demo cars, etc.  If you're flexible on what you want, these can often be your best bet.

You could also lease a car for two or three years - for a small car this can be as low as £120 a month, and at the end of the contract you just hand the car back.  It means you never own the car, but you don't have to fork out the cost of buying it or go through the hassle of selling it for far less when you want rid.





Kinboshi without question you post some good stuff and then again you post some shite.

Do you lay down shut your eyes untill some garbage comes into your head?

All good fun. 

Regards

M

At least I post some good stuff.

All good fun.

Regards,

K

PS  Don't tell me - a beemer is what everyone should buy?


Title: Re: Dilemma
Post by: G1BTW on May 20, 2009, 12:44:58 PM
If you're going for a car for £1,000 you can get one that'll run and run (with a bit of luck).  I'd go for Japanese, and ideally something with a decent service history, etc.

I wouldn't get a brand new car on PCP or a finance deal from the dealer - they will generally cost you more than if you got a personal loan independently and then bought the car with the cash from that.  There are lots of good offers on at the moment.  Have you had a look at nearly new cars?  Pre-registered, demo cars, etc.  If you're flexible on what you want, these can often be your best bet.

You could also lease a car for two or three years - for a small car this can be as low as £120 a month, and at the end of the contract you just hand the car back.  It means you never own the car, but you don't have to fork out the cost of buying it or go through the hassle of selling it for far less when you want rid.





Kinboshi without question you post some good stuff and then again you post some shite.

Do you lay down shut your eyes untill some garbage comes into your head?

All good fun. 

Regards

M

Are you about to have your period luv? ;)


Title: Re: Dilemma
Post by: boldie on May 20, 2009, 01:02:16 PM
What happens when it comes time for the new range to come out and the dealerships haven't sold half their cars due to incredibly low demand? Cheap as chips imo.
Leasing supposed to be the cheapest option, dunno if that's going to hold true in the next couple of years. Depends on how bad depreciation gets I suppose, if the UK goes into a deflationary episode.

Depends on the car as well.  There are some models that were £220 a month to lease a little over 8 months ago on my site that are now well over £400 a month.


I take it if I were to lease a Merc C180 or something similar like that (about 30k miles a year) you could get me one for round about £250'ish (inc maintenance and servicing obv) on my Boldie doscount card, no?

I was actually talking about Mercs in my example.  You're not going to get one near the price you've quoted at the moment.

but what about my Boldie discount card?

That adds a premium of 15% to the cost.

standard.