[Closed] OK, what cheap NEW car.

See quite a lot of Dacias around here, though no personal experience.

Panda

What about a Kia of some sort?

Out of the two above I would go for the Panda.

Why "must be new" out of interest? Lots more bargains to be had on the 'nearly new' route.

Why new? Depreciation is the single biggest running cost, much more so than the difference between the £150 a year average car road tax and £30 a year.

I was just looking at 59 plate Ford Focus 1.6 Zetecs with around 10,000 miles at for £7000-8000 at www.cargiant.co.uk .Reliable,great to drive,cheap to insure and service.

Barely run in and a much better car than those suggested.

New due to not having any cash & getting better deals on new cars, need to be able to take the Uglipa in PX..

Oh & new cars are just nice.

Dacia looks quite the bargain, but I wonder what the base price car looks like..

edit apparently like this.
[img] [/img]

Buying new is a mug's game. Car reliability is definitely not just an age related thing. You could get a far better car buying slightly used than you ever would new.

Look at it this way. In 6 years time your cheap new car will be q cheap old car, but your 2 year old better car will be still be a better car and at 8 years old will be in similar condition. Probably better, since small cheap cars don't age as well.

Cheap loan from Tesco will be competitive and you`ll still be saving on depreciation.

Flog the Mulitpla on ebay.

My Focus was 3 years old with 14000 miles on the clock,when I brought it.It felt like a new car.That new car smell wears off in about a month and you`ll have lost 40% in depreciuation in a year on most of those choices.

Buying new is a mug`s game same as it is with bikes. 😉

If you intend to run the car until it dies, then depreciation doesn't really matter.

how ever the age a small cheap car dies at will be low....

better the devil you know is my opinion unless its truely ****ed

A new focus is a nice car for sure, but to be honest they just dont float my boat, I work at Ford as a contractor so no discount.

The first Focus was a great looking car, the new Focus has that fresh look too, but the 2nd gen is just so flippin bland.

Depreciation does not matter as I am going to run it for at least 5 years, & 5 years down the line anything at the 6-8k bracket will have dropped to 1-1.5k anyhow.

I had a Seicento new once (sort of new) brought pre registered for £5400 5 years 60k on clock on I sold it for £1500 cheapest motoring I have done.

Chevorlet just got back to me with a Spark + so air con etc at £118 a month & 1k down. for another 6quid a month I can have paid for 3 years servicing.... But its Pink.

better the devil you know is my opinion unless its truely ****ed

Uglipa was £350 just for MOT last year only usual stuff tyres brakes discs etc but I will get at least 2 yeasr of zero bills on a new car.

Buying new is a mug's game. Car reliability is definitely not just an age related thing. You could get a far better car buying slightly used than you ever would new.

I'm 100% with you molly, but some people [i]just will not buy new[/i]

An ex GF was chatting to me the other day, she was in a massive panic. Someone had just smashed into her that evening, potentially writing off her Fiesta. She got the Fiesta brand new 10 years ago, and it had only covered 50k miles.

I told her I'd help her look around for something similar (based on insurance payout and she was 100% not at fault), but immediately she shouted back. "Oh no, I'm not buying a 2nd hand car, it's got to be new". I asked where the hell she planned on getting a new car for £2k from, or where she was gonna find another £8k or so from (she's not got any money spare), she replied that she'd just have to pay for it on finance.

Basically the gist of it is, some people just won't drive 2nd hand cars for whatever reason! I don't understand it, you don't, but car manufacturers make a lot of money from it! Part of her reasoning was that 3 years free MOTing and 3 year warranty is worth paying lots extra for as it gives you peace of mind!!! CRAZY I know... Best time to buy a car if you want to keep it a number of years, and do decent milage in it, is to buy a low milage 3 year old car. It's done more than 50% of its depreciating, but it's still almost as good as new and will do another 7 to 10 years of good service at average or above milage no problems, before it realistically needs to be replaced.

Think of it as an opportunity to make a statement. Not for you, the slavish conventions and safe options of metallic silver. No! You plough your own furrow! So assured of your masculinity that you can drive a pink car, and laugh in the face of those more cowardly slaves of convention who are scared of your individuality

tbh if i had to drive a spark then it wouldnt bother me that it was pink. Id have lost all my self respect already.

* slow white van driving monkey 😀

New due to not having any cash & getting better deals on new cars

Still money down the drain. Get a personal loan! You might pay more interest but you'll loose less in depreciation.....

mboy, not at all adverse to 2nd hand cars, I have only had a few new ones to be honest, but in economy motoring I prefer this route, swings and roundabouts n all that.

Binners I went into MG rover (rip) to order a black MGF with Cream leather after they told me it was a 6 month wait, I left with a Purple one, I can handle the Pink! 😉

PP that math doesnt work as I said 5 years in a car 6-8k they are all worth about the same. If you kept it a year or 2 I agree, but long term?

Depreciation does not matter as I am going to run it for at least 5 years

Umm.. It does matter.. that depreciation money - you have to pay that yourself.

If you plan on running it for a long time then there's even less point to buying new. It'll only be new for a short while, but you'll have its cheapness for many years.

If you want to save money then get a cheap car that's 3 years old - it'll cost you peanuts! If you are at all interested in economy then there's absolutely no way you should buy new.

My dad wanted a diesel Focus, but they were too expensive. He was spending ten grand. For some reason he was insisting on a 1 year old car. No idea why, that kind of money would've got him whatever engine and spec he fancied if he'd got a slightly older car.

Get a Kia.

You plough your own furrow!

The only issue with that Dacia Duster is that judging by the picture they have forgotten to include doors in the price however have kindly fitted the door handles.

Umm.. It does matter.. that depreciation money - you have to pay that yourself.

....and it's better if someone else pays it. We bought a Focus estate, just under 3 years old, 16,000 miles on the clock. It was just about as good as new. That car was £16,000 at RRP. We paid £6000.
If we keep it 4-5 years and GIVE it away, it still won't have cost what the first owner paid in depreciation.....

[i]Buying new is a mug's game[/i]

Horses for courses.

We buy (well) used for myself, but new for my wife. She's only on her 3rd car (been together 15 years), while I've probably had a dozen... Although I've always bought new motorbikes.

And if you are going for the bottom of the range, it'll depreciate less and have less things (plus less expensive things) to go wrong.

Panda.

Focus, 8k for whatever age car it is, 5 years time is worth about 1.5k
Panda, 8k new, 5 years time its worth about 1.5k

Depreciation is exactly the same, but I would prefer a new Panda, Chevorlet, Kia, or whatever than a 3-5 year old Focus.

I hire quite a lot of low end cars, so I've had experience of a few. The spark was the only one I wanted to give back before I got out of the lot! Yaris?

Depreciation is exactly the same, but I would prefer a new Panda, Chevorlet, Kia, or whatever than a 3-5 year old Focus

I wouldn't. New cars don't stay new, but low-end ones stay low-end.

Coming from a Multipla I'd say the Panda is too small.

Why not a Dacia?

I loved driving the Panda on holiday- hilarious, brilliant in town however at 70mph it wasn't the most stable car. Thats a biggy for me. The Aygo/C1 by comparison is very stable at speed compared.

If it was my money I'd have a Duster, infact when my lease deal expires in a year on the C1 I will.

The Duster looks like the sort of car that will be uber cool dirty and battered.

Focus, 8k for whatever age car it is, 5 years time is worth about 1.5k
Panda, 8k new, 5 years time its worth about 1.5k

Depreciation is exactly the same, but I would prefer a new Panda, Chevorlet, Kia, or whatever than a 3-5 year old Focus.

Now I happen to like Fiat Pandas, but no, that's just no basis for a comparison! Just stupid non-logic.
3 Year old Focus isn't £8k anyway (See my last post)
Why not buy a USED Panda for £4000?

The Panda is supposed to be a hardy car- as the FIRE engine is very very simple...nowt much to go wrong with them.

Molegrips I do get your point, if I was to go 2nd hand I would need to up my budget & get a high miles merc C class, a new shape, the newest budget would allow even if that meant more miles on it, we dont do big miles and it would even itself out during our ownership. In my exerience age takes its toll on a car as much as milage.

Trouble with that is it doesn't come with trouble free ownership, £30 a year tax nor servicing all in for £6 a month like the Spark does.

Rich Penny, mmm not a good vote for the Spark.

Hora
I need to drive/see the Dacia, but if its high road tax its out as these things factor highly in long term ownership, & you missed the bit where wifey gets the new car for the school run & we have a Merc Estate for big stuff and long distance.

PP, I like the old Panda, but the new one is quite a different beastie to drive by all accounts, quite a bit more refined & better trim, also I have to get something my wife wants to drive & a 2nd hand Panda isnt going to cut it, a new one might just scrape it!

Both cars in the running for buying today have been blackballed by the wife based on colour.

The Search continues.

Trouble with that is it doesn't come with trouble free ownership, £30 a year tax nor servicing all in for £6 a month like the Spark does

You think a car made by Chevrolet is going to be 'trouble free'? Hehehe... 🙂

You don't have to buy more car for the same money if you buy used. You could buy the same car for a lot less, and use the money for something else.

I can see not wanting to buy a 5 year old car, but there are lots of 1 year old cars that are indistinguishable from new and way cheaper.

As it happens I did run Daewoo Matiz for a while, a £700 one, it was [s]awesome[/s] fun in the snow & the kids loved handbake turns in the carparks.

It didn't break, I ran it 6 months and sold for £750

They put 5 years warranty on them, so its not my issue if it breaks, albeit inconvenient.

Have a look at the new skoda rapid, it's VERY cheap and looks bob on for size and quality and it'll hold it's value better than a Chevrolet..

Don't go near a spark. I had one as a hire car- awful. Felt too tall and too narrow - top heavy handling with sudden movements/direction changes.

Just to wade in with the new vs 2nd hand. We just got a new as in brand new C-Max, we didn't intend to we wanted a year old one. However it was actually cheaper to buy the new one than the year old one with the same finance plan over the same amount of time from the same dealer. Both cars were the same trim level with the same engine.

Yes it might have been slightly cheaper in the long run to get a 7 year bank loan but. A) we only intend on keeping the car 3 years and. B) a 3 year bank loan for the year old car would have been much more per month than the new car. So we have got a £20k car new for less than the £14.5k would have cost us. I can't see the downside to be honest. Oh and as for the depreciation the car is a tool not an investment I am [b]using[/b] the value not loosing it.

I like the look of the latest C-max. You seem to have good taste in bikes/cars I_ache, I bet your mrs is quite a looker/my type as well 😯

mmmm, Skoda are doing zero apr & no VAT on some models....

Would bring a basic Fabia in at under 8k.

Ha, I thought you were into oriental women. If that is the case then no she isnt your type. I would say that I have done well and married above my station.

My type is nerdy, ginger or Jewish-looking...

Most oriental women fall into the nerdy/square category. Ditto with Gingers/Jewish girls

It would probably be just any woman with low self esteem Hora. 🙂

Seat mii 1 litre 5 door on a 4 year lease. £500 deposit & £100 a month then hand it back after the 4 years. Cheaper than the cost of depreciation & no worries if it explodes. Seriously considering this for when my wife's Golf finally implodes!

However it was actually cheaper to buy the new one than the year old one with the same finance plan over the same amount of time from the same dealer

Good point, dealer finance is often cheaper than bank finance. We bought a USED car from a main dealer and got 7% APR, so it cost us less than going independent. Still worked with used though 🙂 You might get 0% APR or other big deals on new cars tho, see the Skoda one above.

Bangernomics every time for me.

Just work out what loan repayments you can afford, get the cash in your Bank and the world (ebay) is your oyster.

£8k will get you a very nice spec and practically new Fiat 500. Or one of those small Audis they must be a whole lot better than the new options.

Or go mad - Merck SLK 2004? [url= http://www.ebay.co.uk/itm/2004-54-MERCEDES-SLK-200-KOMPRESSOR-AUTO-IN-BLACK-/280966511480?pt=Automobiles_UK&hash=item416ae8bb78 ]Here[/url]

Molgrips We did go through the finance with the main dealer, the new one was still cheaper than the year old one. Granted it helped that they gave us a big chunk off the price of the new car.

Hora I think I am going to leave it there, I have already offered you a go on my BFe any more is just too far. 🙂

There is certainly a game to be played with new cars, that you might well win. Our Prius for instance was ex-demo, got almost 20% off new.

http://www.pentagon-seat.co.uk/new-cars/seat/ibiza/1.2%20s%203dr%20 [ac]/54879
£135 deposit, £135/month, 3 years free servicing:

Caveat: I only buy secondhand, and preferably cheap, cars, so have no idea whether this is a good deal..

OK so first you say

I had a Seicento new once (sort of new) brought pre registered for £5400 5 years 60k on clock on I sold it for £1500 cheapest motoring I have done.

Then later you say

As it happens I did run Daewoo Matiz for a while, a £700 one, it was awesome fun in the snow & the kids loved handbake turns in the carparks.

It didn't break, I ran it 6 months and sold for £750

So the Fiat cost you £3900 over 5 years, or £780 per year in depreciation.

The Matiz you owned for 6 months you made £50 over 6 months, which at the same rate would equate to £100 per year appreciation.

Now would somebody care to remind me now, which is the bigger number, my maths is a little hazy... What's biggest, -780 or +100? 😕

ANYWAY... 🙄

What PP and molgrips have said is very true. If you simply want to justify a brand new car with the "nobody else has sat in it" argument, then ok, by all means go that route. And to be fair, car companies are often more free flowing with cheap and easy low rate credit on a new car than finance companies or banks are when it comes to loans for 2nd hand ones. BUT... Even if you're planning on buying a car to run into the ground, buy a low milage 3 year old car for 60% less than it cost brand new and you'll save a fortune!

Oh, and FWIW, I bought a Golf for £800 a few years back, did 30,000 miles in it over 18 months, then sold it for £950! And I could have got more for it, such was the interest for it on Autotrader, the phone didn't stop ringing for 2 weeks, and the first person bought it and thought they'd got a right bargain...

Ha ha, your quite right, but there is a huge difference between bangernomics & owning a decent car.

I have had 20 cars {may have forgotten a couple} only 3 of them new, the others went from very old to not very old, so I have tried all methods.

I have done some crude math in my head that i am now going to write down for the first time.

I could throw a few hundred at the car I have & run it another year or two, but right now it needs whatever the dodgy clutch is to fix {see other thread} maybe 300, but it will still be an old car {130k} relying on luck to keep running without a huge bill. so 300 pounds, 3 years MOT @ 45 = 135 I will stick a low 200PA for niggle things like shock bushes & things to do the next 3 MOT 's 600 total (lets ignore brakes & tyres as even new cars need those) Road Tax 200PA - Fiat tax 170 PA X 3= 510
500+135+600=510=1745

Wife's car Merc c class does average 23mpg with her at the wheel on just short journeys, approx. 600 miles = 165 pounds

New small car same journey must do 40-45, i will use 42.5 = 89 quid

So i have 76 in fuel alone per month. 3years 2736 + 1745 from above = 4481

Now i could do as suggested & get a 2nd hand Panda for 4.5k & over 3 years it would be almost free.

BUT, no way my wife will be wanting a 2nd hand one, if I take her to the dealer let her choose one, colour etc i might just swing it, & I can handle that kind of drop on having something new, bear in mind its a 5 year plan not 3 year one as all the math was done on, i just did the full warranty period for a Fiat.

Then I will use wife's old Merc on my low speed but steady run to work approx. 36+ mpg = same as multipla within 2 mpg, other running costs about same as outgoing Multipla

I have a minor opp tomorrow, i guess I am worrying a bit hence wandering house and doing crude easy to blow apart math at 4 am..

I'd never buy a new car, I think its a mugs game.

My corsa which I picked up for 1200 quid is still going strong after 5 years of runs into wales and the peaks at weekends and a weekly trip to asda.

Hyundai i10? I got one 18 months old for the OH. Cheap, a good little car and still more than 3 years left on the warranty. It's been great so far (now had it 6 months) and the OH loves it.

MathS

I was looking at buying a brand new car recently and discovered a finance quirk while browsing a couple of car forums.

Many car companies offer a big deposit contribution if you sign up for their finance. Problem is car finance always ends up loaded towards the final payment so you will always pay more than an equivalent bank loan of similar APR.

As I understand it, finance companies don't charge early repayment fees any more. So you can pay off the finance with a bank loan or cash really early such as the first month.

But you get to keep the deposit contribution as it is really a come on to get you to sign up to the finance.

Quite a few people on a particular forums did this.

Obviously, try and get it in writing in advance if there will be any early repayment fees.

Not the cheapest to buy, but in terms of value and depreciation the Fiat 500 twin air is a good option.
Brilliant little car too, genuinely fun to drive and very cheap. Free tax, 50mpg+.

People struggled to get good MPGs from those twin-airs. Might not be worth it over a normal Fiat 500, depending on what the cost difference is.

I used to do bangernomics, but now I want newer cars for their safety features. I say newer - both my cars are 6 years old now and I plan on keeping them much longer. But they are both 5 star NCAP rated. From about mid last decade, pretty much all cars are 5 star.

I just popped into the fiat dealer, I have made a terrible mistake, I think quoted finance on the Panda had a balloon at the end, my wife has refused the Panda & wants a 500, so its quite a bit more & still a balloon.

OK now is the time the search is on for a 2nd hand one.

Isn't finance with a lump sum due at the end actually PCP? As in, you lease it from them with the option to buy? Restrictions on the number of miles you can do etc?

If so, it's not finance.

[img] [/img]

[img] [/img]

People struggled to get good MPGs from those twin-airs. Might not be worth it over a normal Fiat 500, depending on what the cost difference is.

Well they quote 60+ I think, but my Mum gets well over 50.
On each time I've borrowed it I've loved it each time, in no way did I try and be economical yet still got over 50mpg. In my eyes thats pretty good and its a real blast to drive!

The twin air will hold its value far better than the 1.2 simply because its free to tax and everyone wants one. I am convinced it would be better value in the long run. Plus the 1.2 is gutless vs the twinair being very torquey.

500L might be worth a look? Not seen one in the flesh mind.

What about a new Audi Q7? 😆