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Author Topic: 6 month car  (Read 3339 times)
rossfourfive
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« on: February 28, 2011, 06:47:19 PM »

I'm looking to get hold of a car for 6 months. Would the best option be to contract hire? What options are available for 6 month contract hire and 6 mth insurance?

Would rather do this than buy now sell later - although depends on monthly cost.
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Longines
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« Reply #1 on: February 28, 2011, 07:37:25 PM »

http://www.thrifty.co.uk/long-term-car-hire.htm
http://www.enterprise.co.uk/car_rental/intresImage.do?imageId=57155.3&key=996.en.GB.......&page=home
http://www.time4leasing.co.uk/ProductsShortHire6Months.asp?pid=1427

Should give you a rough idea of prices.

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outragous76
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« Reply #2 on: February 28, 2011, 07:43:41 PM »

i think you can get a VW golf for like 400/month

let me know if you want info
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EvilPie
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« Reply #3 on: February 28, 2011, 07:48:45 PM »

6 month contract is going to cost a fortune on a brand new car as max depreciation is all in that period.

Try main dealer for a 1 year old model which isn't going to lose too much in the 6 month period that you have the car.
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doogan
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« Reply #4 on: February 28, 2011, 08:01:04 PM »

http://www.dreamcarhire.com/
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rossfourfive
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« Reply #5 on: February 28, 2011, 09:06:29 PM »

Hmm was hoping for something a bit cheaper than those. Are you able to take a car on finance and sell up 6 months later or would there be a fee for early repayment?
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ripple11
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« Reply #6 on: February 28, 2011, 09:15:22 PM »

 


Quite fancy the 6 Car Supercar Day Plan Smiley......any guess on the cost!?
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EvilPie
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« Reply #7 on: February 28, 2011, 09:16:59 PM »

Hmm was hoping for something a bit cheaper than those. Are you able to take a car on finance and sell up 6 months later or would there be a fee for early repayment?

The fees would be huge.

When you finance a car they give you a big loan. Your payments pay off this loan + interest and cover the depreciation of the car.

The more the car depreciates by the more you have to pay.

Get a brand new car for 6 months and you get shafted.

What sort of car are you after? Any particular age?
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rossfourfive
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« Reply #8 on: February 28, 2011, 09:21:59 PM »

Hmm was hoping for something a bit cheaper than those. Are you able to take a car on finance and sell up 6 months later or would there be a fee for early repayment?

The fees would be huge.

When you finance a car they give you a big loan. Your payments pay off this loan + interest and cover the depreciation of the car.

The more the car depreciates by the more you have to pay.

Get a brand new car for 6 months and you get shafted.

What sort of car are you after? Any particular age?

Yea wouldn't have to be a new car though. Would happily settle for something a few years old. Just don't want to get a 10 year old fiesta from the guy down the road which breaks down as I drive it away.
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EvilPie
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« Reply #9 on: February 28, 2011, 09:29:48 PM »

Hmm was hoping for something a bit cheaper than those. Are you able to take a car on finance and sell up 6 months later or would there be a fee for early repayment?

The fees would be huge.

When you finance a car they give you a big loan. Your payments pay off this loan + interest and cover the depreciation of the car.

The more the car depreciates by the more you have to pay.

Get a brand new car for 6 months and you get shafted.

What sort of car are you after? Any particular age?

Yea wouldn't have to be a new car though. Would happily settle for something a few years old. Just don't want to get a 10 year old fiesta from the guy down the road which breaks down as I drive it away.

Just buy something from a dealer for about 15k and take it back 6 months later.

They'll probably buy it back for about 12k.

You're going to struggle to beat £500/month.

Best bet without doubt though is to buy off autotrader then sell in 6 months.

You'll probably only lose a couple of grand on a decent 20k motor.

Don't you know someone who could deal with all the buying and selling for you if you bung them a few hundred?
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Longines
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« Reply #10 on: February 28, 2011, 09:35:19 PM »

Do you have any no claims discount? If not, £500/month for a car inc insurance could be a bargain.
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Woodsey
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« Reply #11 on: February 28, 2011, 09:39:45 PM »

Go to the car auctions and pick up a runner for 2k and sell it back for 1.5k in 6 months imo.
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« Reply #12 on: February 28, 2011, 09:58:53 PM »

take some one who knows about cars with you and Go to the car auctions and pick up a runner for 2k and sell it back for 1.5k in 6 months imo.

fyp
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« Reply #13 on: February 28, 2011, 10:12:25 PM »

 




Quite fancy the 6 Car Supercar Day Plan Smiley......any guess on the cost!?


£995
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doogan
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« Reply #14 on: February 28, 2011, 10:56:40 PM »

the black&white thing seems like a great way to spend 12k
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