Am i asking too much for my car?

[matt1987]

I have a Ford Fiesta which i am selling, but i seem to be getting no interest.

Its a 1998 S Reg and is a 1.25 Zetec. I am asking £1600 for it but having no joy.

The reason im asking that much is that its in immaculate condition, its only done 61k miles and has Full service history with stamped for book and has 8 months MOT.

It also has rear spoiler, cd player, alloys, power steering and drivers airbag.

I really need to sell as i need to raise funds for a new car!!

I have it for sale in 6 places at the moment and having no luck!

Any help appreciated!

[matt1987]

Yeh iv been on that, but thats not a tru valuation as it doesnt let you put CD Player, airbags, Metallic paint, Alloys and exactly how many miles its done.

I found one where it valued my car at 1495....

[Soubrette]

Yeh iv been on that, but thats not a tru valuation as it doesnt let you put CD Player, airbags, Metallic paint, Alloys and exactly how many miles its done.

I found one where it valued my car at 1495....

The true worth is only what someone will pay for it though :(

If you have it on at 6 places and no one's interested then it's overpriced. :confused:

Sou

[matt1987]

Im thinking of dropping it by £100. Does anybody have any experience's selling a car on Ebay classifieds?

[Soubrette]

Im thinking of dropping it by £100. Does anybody have any experience's selling a car on Ebay classifieds?

In my experience Ebay car buyers are looking for real bargains.

I don't think dropping it by £100 is enough - that's close enough to your current asking price for someone interested to at least have a view.

Depends how much it is costing you to advertise - if nothing, then go for it :)

Sou

[matt1987]

Well at the moment its cost me nothing to advertise. Iv seen cars in Autotrader worse than mine and they are selling for more! Im thinking of listing it on Ebay classified's which will cost £12.99

[cajef]

Iv seen cars in Autotrader worse than mine and they are selling for more!

Are they?

That might be the asking price but they are not selling for that.

albertross is right, £950 maybe 10 year old car, you are way overpriced for a private sale, around a grand at most.

[hartcjhart]

£1200/£1400 max

even in that condition

the only true value of a car is what you get in your hand

[matt1987]

Red ... £850 then :D

LOL yeh right.... on a serious note though, i would rather keep it than let it go for anytning less than 1300.....

[matt1987]

£1200/£1400 max

even in that condition

the only true value of a car is what you get in your hand

I think thats more sensible.

[matt1987]

Well im in the process of buying a new car, and ford offered me 600 quid, i just laughed. I have it advertised in my local bargain pages, Auto4you, Autoweb, Automobile trader, preloved and also a sign in the cars window.

[matt1987]

Yeah.. that's a good idea, but I use the car everyday.. so might be a bit difficult.

Thanks for the link to that website, but Bristol Street have offered me a better price for the Fiesta Style with metallic paint than what is quoted on there. Bristol Street have a deal on till the end of the month, so that's probably why.. also, because the Fiesta Verve is coming out, they're dropping the prices of the current shape.

Thanks for the advice though :)

[matt1987]

The bristol street ones arent registered no. They are brand new 08 plates. All registration fees including 6 months road tax are included. They register them for you while you wait and do the paperwork.

[matt1987]

Nah i asked if they were brand new 08 plates and they comfirmed they are.

[deltic]

Based on those on Autotrader, you are pricing at dealer prices which is too high for a private sale.

If you want a quick sale for that spec and condition of car ask about £1350 and be prepared to haggle to about £1200.

[matt1987]

Based on those on Autotrader, you are pricing at dealer prices which is too high for a private sale.

If you want a quick sale for that spec and condition of car ask about £1350 and be prepared to haggle to about £1200.

Yeh that probably about right, but i do need 1300!! I may be scraping the barrel but thats what i need, otherwise i gotta keep it!

[Iamthesmartestmanalive]

Yeh that probably about right, but i do need 1300!! I may be scraping the barrel but thats what i need, otherwise i gotta keep it!


Well face your keeping it

The car is not worth £1300

New and nearly new car prices are very low these days and this has a knock on effect

Your asking a ridicolous sum for a 10YO fiesta

[hartcjhart]

try advertising on these sites also free

http://uk.freeads.net/

http://www.classifieds.co.uk/

http://kent.gumtree.com/ go to your local gumtree


http://www.localads.co.uk (http://www.localads.co.uk)

http://used-cars-vans.vivastreet.co.uk/cars-sale-buy

http://www.preloved.co.uk/index.cfm?... acs=c7a5ad61 (http://www.preloved.co.uk/index.cfm?... acs=c7a5ad61)

http://www.adtrader.co.uk/postcode_splash.php

you may need to copy and paste into your browser

[HC]

My 1997 Ford Fiesta Flight 16v 1.25i Zetec was written off two weeks ago :(

Mine too had immaculate bodywork, was mechanically sound, and had full service history. It had done 70,000 miles.

It didn't have a CD player, and it was one year older than yours, but other than that it sounds almost identical.

The insurance company offered me £750 for it. By sending them details of similar vehicles for sale, I managed, after a LOT of wrangling with them, to push it up to £1000.

From what I've seen trawling through car ads to send my insurance company, I would have though that you should be looking in the region of £1200, perhaps £1300 if it's really special.

Good luck!

[matt1987]

Yeh 1300 sounds about right to me. Im sorry but i think anything lower than that is taking the pee a bit..... Iv already advertised on all of those, but i feel that this weekend is the wrong time to advertise as many people are away.

[looby-loo]

Thanks hartcjhart, I have an 'R' reg Nissan Primira to sell from tomorrow and I was just looking for places to advertise it. I'm told to ask £875 but I will use those links to check.
Mines red too - what's wrong with red? (better than the metalic pale green I had before)

[lauren_1]

I think £900-£1100 is a very resonable price for a 10YO fiesta, newer cars are getting cheaper to buy and older cars are loosing more money than ever before.

I think you need to accept that you are over priced.

[matt1987]

I might make enquiries to see if the ones on Autotrade sold, and if so how much for.

Oh well, il leave it up for 1500, if i dont find a buyer i dont find a buyer, i aint in no rush!

[goldspanners]

please bear in mind after all no matter how good the condition of this car it is a 10 year old fiesta,2 weeks ago i sold a 13 year old very good condition ford escort diesel,ok it didnt have alloys or a cd player,but these are cheap enough to buy if you really want them,i got just under £400 for it on ebay and was happy enough with that.
if i was you i would be more than happy with £1000,have a look at how many ford fiestas there is for sale out there,you will have plenty of competition.
and if your not advertising on autotrader.co.uk then you will have an even harder struggle in my opinion.

i think your looking at how much you need for your new car rather than how much your old car is actually worth.
advertise it at £1200 or nearest offer,and expect £1000 the price you are looking for is dealer price im afraid,you wont get that.

[matt1987]

Well i aint too desperate to sell it. If it sells it sells, if it dont, it dont. Im happy with it. Suprisingly on Autotrader, there are only 13 Ford Fiesta simular to mine for sale within a 10 mile radius of my address.

[Keith]

Suprisingly on Autotrader, there are only 13 Ford Fiesta simular to mine for sale within a 10 mile radius of my address.

That's because it's a 10 year old Fiesta!

[cajef]

Iv already advertised on all of those

Im sorry but i think anything lower than that is taking the pee a bit.....,

That must tell you something, you have no enquiries, which means people think that at that price you are taking the pee a bit.

[matt1987]

OK, well thanks for your opinion.. I'll keep that in mind.

When I first put the car up, I did inflate the price a bit, as I expected to be haggled down. Since then, I've bought the price down by £125.

I've just this second looked at a number of sites such as ebay classifieds and autotrader, and looked at the fiestas which are up nationally. I have to admit, there is a big variation in prices.. some of which (same year/cond as mine) are £1,900 and then there's others which are around £1,000.. so at the moment, mine seems to be in the middle of this price range at £1,475. I realise though that just because someone puts it up at £1,900 doesnt mean they are going to get that.. but that's the price range of what people are asking.

My ad goes into the local bargain pages again on Tues, which is v.popular amongst car buyers.. so I'll see what happens :)

[harveybobbles]

Full Description:

Glossary of Terms (http://www.autotrader.co.uk/common/ola/help/carshelp.jsp#glossaryterms)

Manual, 56,000 miles, FORD Fiesta 1.25 Zetec 2000 56000 miles Black, w reg, Body coloured bumpers, Central locking, PAS, Drivers airbag, Folding rear seats, sun roof, MOT till December, Tax till End September, Front fog lights. Ideal 1st Car. Blackpool area £1,500 ono. £1,400. ovno

There are PLENTY of 2000/2001 Fiesta Zetecs out there with similar mileage to yours.
Regardless of condition, buywrs always prefer the newer car...

The example above is also the new shape one...

[matt1987]

Must be the same shape as mine, the current shape didnt come out till 2002 :)

Just to clarify, this is the one I'm selling.. it's not the old, old shape

http://i26.photobucket.com/albums/c122/mattwoodfield/21032008066.jpg
http://i26.photobucket.com/albums/c122/mattwoodfield/21032008070.jpg

[goldspanners]

Must be the same shape as mine, the current shape didnt come out till 2002 :)

Just to clarify, this is the one I'm selling.. it's not the old, old shape

http://i26.photobucket.com/albums/c122/mattwoodfield/21032008066.jpg
http://i26.photobucket.com/albums/c122/mattwoodfield/21032008070.jpg


there was a face lift model that came out after yours and before 2002,with sharper headlights,grill,etc...
if youve researched your car as much as you say you have you would have noticed this.

[Iamthesmartestmanalive]

Its a completely standard zetec, your taking the mick with your price

If you get much over a grand £1050 you are doing well

The car is not worth what you think it is, in esssence its a standard, run of the mill cheap car when knew and your still wanting about a 1/4 of its value at 10 years old

[MrsE]

My husband just got a new Ford Galaxy.
He traded in his 3 & a half year old Skoda Octavia estate, diesel, full service history, but very high milage for 2K.

You will still have that Fiesta in another 10 years.

[matt1987]

there was a face lift model that came out after yours and before 2002,with sharper headlights,grill,etc...
if youve researched your car as much as you say you have you would have noticed this.

Ah, that will be the finesse then. I'm comparing prices with other Zetecs, so I haven't looked at that spec. When harveybobbles said the 'new shape' I automatically pictured the 2002-2008 shape. Also, the post said "FORD Fiesta 1.25 Zetec ".. as far as I'm aware, it's either a zetec or a finesse, they're two different cars with different engines. Could be wrong though..

[Iamthesmartestmanalive]

Ah, that will be the finesse then. I'm comparing prices with other Zetecs, so I haven't looked at that spec. When harveybobbles said the 'new shape' I automatically pictured the 2002-2008 shape. Also, the post said "FORD Fiesta 1.25 Zetec ".. as far as I'm aware, it's either a zetec or a finesse, they're two different cars with different engines. Could be wrong though..


No there was an intermediary facelift on the fiesta after yours and before the new shape

The shape itself didnt change, but the styling of the bumpers, grill, stereo etc did

The fact is you have a basic zetec with the normal spec

It isnt worth what you think

Its a good thing your happy keeping it because you wont sell it at the price you want

[Keith]

http://www.colins-cars.com/cars/shopimages/products/thumbnails/DSCF1403.JPG

This is the facelift.

An S reg Fiesta has got to be worth between £800-£1200, I'd not pay more.

[matt1987]

OK...
I don't know much about the fiestas with the 'intermediary facelift', like I've said, Ive been comparing prices with other 98/99 normal spec zetecs. But I appreciate that buyers will prefer these, obviously!

In order to get a new shape fiesta, I would need to raise £1200-1300 from this car sale to put towards to my deposit. But like I said, it's not necessary for me to get a new car, I just fancied an upgrade. If needs be, I'll wait for the current shape to come down in price and then see what I can raise. I'm happy with keeping this car until then :)

[MrsE]

In order to get a new shape fiesta, I would need to raise £1200-1300 from this car sale to put towards to my deposit. But like I said, it's not necessary for me to get a new car, I just fancied an upgrade. If needs be, I'll wait for the current shape to come down in price and then see what I can raise. I'm happy with keeping this car until then :)

Not being rude, just two things you need to consider.

When they come down, yours will be worth even less.

Your car is not worth what you NEED it to be worth to get your next car (thats your problem), your car is worth what someone is prepared to pay for it.

[matt1987]

Yep, totally understand that. But by the time they have come down in price, i would of also saved more for a deposit via my savings every month.

I was just looking at brand new car offers at ford bristol street, basically iv just put my car up to see what interest i get, and obviously if someone does want to pay 1200 - 1300 then fine, if not then i can patiently wait a few months until i have raised a decent enough deposit.

[matt1987]

Oh and Bristol street offered me £800 for my current car, but the salesman admitted it was worth more than that, and he couldnt offer me anything more as the new car was on offer.

[Iamthesmartestmanalive]

Yep, totally understand that. But by the time they have come down in price, i would of also saved more for a deposit via my savings every month.

I was just looking at brand new car offers at ford bristol street, basically iv just put my car up to see what interest i get, and obviously if someone does want to pay 1200 - 1300 then fine, if not then i can patiently wait a few months until i have raised a decent enough deposit.


Fords are already going for peanuts new and nearly new, I wouldnt expect the prices to fall much, certainly not enough to make it affordable for you

[matt1987]

Fords are already going for peanuts new and nearly new, I wouldnt expect the prices to fall much, certainly not enough to make it affordable for you


lol, how do you know whats affordable to me and whats not???

[MrsE]

Fords are already going for peanuts new and nearly new, I wouldnt expect the prices to fall much, certainly not enough to make it affordable for you

My husbands Galaxy Ghia wasn't peanuts:mad:

He didn't mention it till the deal was done:mad:

[Iamthesmartestmanalive]

lol, how do you know whats affordable to me and whats not???


Well if you cant afford it now whilst yours is worth 1k you wont be able to afford it when the same cars worth 500 quid

and tbh 1k to 1.3k is not much, if that much damages you buying a car, you shouldnt be buying one in the first place until necessary as the margins are clearly too tight

[matt1987]

That size margin wouldnt damage me next month, it would just leave me short this month.....

[gingerdad]

Simple answer is yes, we bought a 2002 punto for less than that, i would have thought about a grand

GD

[matt1987]

Yeh but not being funny.... Punto's dont really hold their value from what i have seen.

[harveybobbles]

Must be the same shape as mine, the current shape didnt come out till 2002 :)

Just to clarify, this is the one I'm selling.. it's not the old, old shape

http://i26.photobucket.com/albums/c122/mattwoodfield/21032008066.jpg
http://i26.photobucket.com/albums/c122/mattwoodfield/21032008070.jpg

Yours is the shape that ran from 1996 til 2000. Then they brought out a different fronted one, which is what I referred to as "new shape"

[gingerdad]

Yeh but not being funny.... Punto's dont really hold their value from what i have seen.

nope but neither do 10 year old fiestas....

GD

[harveybobbles]

Ah, that will be the finesse then. I'm comparing prices with other Zetecs, so I haven't looked at that spec. When harveybobbles said the 'new shape' I automatically pictured the 2002-2008 shape. Also, the post said "FORD Fiesta 1.25 Zetec ".. as far as I'm aware, it's either a zetec or a finesse, they're two different cars with different engines. Could be wrong though..

The 1.25 zetec engine was available as an LX, Zetec, Finesse, Ghia...

[matt1987]

nope but neither do 10 year old fiestas....

GD

lol yeh but if you compare a 10 year old fiesta to a 10 year old punto... see what you get. I dont even think Punto's last that long do they? ;) :D

[MORPH3US]

Most of the free online car sales sites aren't up to much, loads of scammers and time wasters and not much else... if you really want to seel quickly, advertise in autotrader magazine and online, but get the pricing right or you'll waste your fee...

[matt1987]

Thanks, is ebay classified's any good??

[goldspanners]

lol, how do you know whats affordable to me and whats not???

because you have admitted that you need the extra £500,if you could afford the car you want then the extra that you need wouldnt be a problem,would it?
as others have said your car is only worth what someone will pay for it,if i had to choose between buying your car at £1500 and buying the facelift model at £1500 i would choose the later.its slightly newer and not as ugly.
i think you need to face up to the reality of your situation.

[matt1987]

Personally, i dont think my car is ugly. Secondly, i know i could get more than £800 for my car, hence why i didnt accept the dealers offer.

[goldspanners]

Personally, i dont think my car is ugly. Secondly, i know i could get more than £800 for my car, hence why i didnt accept the dealers offer.

obviously you bought it in the first place. thats why i said if i had to choose, meaning my opinion.
more than £800 doesnt mean double that,it means a few hundred quid more.

[matt1987]

Yeh i know that, thats why i have lowered my asking price. As i said in my previous post, maybe i was a bit too hasty in listing it for £1600!!! That was a bit OTT. I am going to try and list it for £1475 and open to offers and see where i go from there.

[cajef]

That was a bit OTT. I am going to try and list it for £1475 and open to offers and see where i go from there.

You may get some mug to give you a bit over a grand, but don't count on many punters at that price.

Well you asked for opinions and everyone including several in the trade have told you that you are way overpriced for a 10 year old Fiesta, as others have said if you cannot do a deal on a new car for the sake of £300 then it is time to look for something cheaper.

[matt1987]

I dont HAVE to put the deposit i want down on the car, its just that i want my new car paid off within 2 years on finance, and without the £300 extra on my deposit, i couldnt possible stretch that which would result in me having it on finance for 3 years which = more interest aswell.

I am gratefull for everyones opinion. I will see what happens within the next few days, and will post back here of any updates - or to let you know if " some mug " has brought my car!

[goldspanners]

or to let you know if " some mug " has brought my car!

where are they bringing it to?

[matt1987]

lol beg your pardon my mistake " Bought "

[cajef]

or to let you know if " some mug " has brought my car!

Well there is one born every day, so best of luck, it will be interesting to see how much you get if it goes.:D

[goldspanners]

lol beg your pardon my mistake " Bought "

its a common "mistake" using the word brought to describe someone buying.

[matt1987]

lol yep it will be interesting to see how much it goes for - thats if it does go atall!!

[Keith]

As it's not important to you,

Stick it on ebay, no reserve at 99p.

Then find out the true value of the car

[matt1987]

As it's not important to you,

Stick it on ebay, no reserve at 99p.

Then find out the true value of the car

Now why would I wana do that..? :rolleyes:
I think you're missing my point, unless I'm missing yours.. I don't mean the car's not important to me, I mean it's not important that I sell it right this second.

That aside, I wouldn't sell it on Ebay anyway, not with the final value fees, VAT and all that..

[shellsuit]

Matt, are you registered on any Ford forums?

If not, maybe register and ask some people in the know how much they think you would get for it ~ who knows, there may be even a potential buyer there.

[goldspanners]

That aside, I wouldn't sell it on Ebay anyway, not with the final value fees, VAT and all that..

Well get paid via cash on collection,dont mark the item as being paid for.what VAT? you listing will cost you around £8.00 so its still pretty cheap to advertise.
i advertised the escort starting at 99p,within 24 hours it was at £100.

[gingerdad]

lol yeh but if you compare a 10 year old fiesta to a 10 year old punto... see what you get. I dont even think Punto's last that long do they? ;) :D


ahh but i'm comparing a 5 year old punto to a 10 year old fiesta.. thats the difference.

GD

[MORPH3US]

Ok guys, everyone has had a say and the OP has listened. Lets just leave it there and see if / what it sells for.

M

[manda1205]

Matt 1987, where are you? I've scanned the thread and dont think you mentioned it. PM me if you dont want to say on here. Thanks

[Kez100]

why don't you get a reduced purchase price instead. Go in and tell them what you want to pay to change and if they will agree you will sign on the dotted line. I've just done that and the car I have bought is now sold out in the uk so its not like they couldn't shift them. I wanted 7 percent discount and interest free and a tank of fuel. I got the deal by resrearching the Internet and on here. The dealer made a low margin but it was another towards his target in a time where people are generally cutting back. If local dealer won't do it for you ring around until you get the deal you want.

I didnt haggle just said what I wanted.

Also take a look at pistonheads. A good site to see what cars are shifting for.

[matt1987]

why don't you get a reduced purchase price instead. Go in and tell them what you want to pay to change and if they will agree you will sign on the dotted line. I've just done that and the car I have bought is now sold out in the uk so its not like they couldn't shift them. I wanted 7 percent discount and interest free and a tank of fuel. I got the deal by resrearching the Internet and on here. The dealer made a low margin but it was another towards his target in a time where people are generally cutting back. If local dealer won't do it for you ring around until you get the deal you want.

I didnt haggle just said what I wanted.

Also take a look at pistonheads. A good site to see what cars are shifting for.

Well i went in last Monday and had a chat with the salesman. He said strictly he could offer no more than £800 for my car, and would not be able to lower the price.

Im not too fussed with the interest, as its 7.9% which is about what i would get charged for a bank loan. You seem to have got a pretty good deal. If the salesman does ring me, with it being the end of the month and all that, then i will try and get a better price for my car, and the brand new one.

Yeh, thats a good idea. I may look on the Ford forums!

[Poppy9]

With Ford finance don't you have to pay a few hundred pounds arrangement fee which is added to your loan?

If you do then you could save that extra money by getting a loan from your bank which does not include an arrangement fee.

[matt1987]

With Ford finance don't you have to pay a few hundred pounds arrangement fee which is added to your loan?

If you do then you could save that extra money by getting a loan from your bank which does not include an arrangement fee.

They used to do that actually but the salesman told me that they dont do that any more, all they do is charge a £10 purchase fee with you very last payment on the car.

They basically got too many complaints about the fee, so they just do a £10 purchase fee now.

[matt1987]

manda1205 iv pm'd you my location.

[Iamthesmartestmanalive]

They used to do that actually but the salesman told me that they dont do that any more, all they do is charge a £10 purchase fee with you very last payment on the car.

They basically got too many complaints about the fee, so they just do a £10 purchase fee now.


Saw a finance deal on it today

£166 deposit, £166 a month with 3k on the end

Maybe this will allow you to buy now and hold onto the old one til someone goes mental:D

[matt1987]

Absolute no chance, thats a !!!!! deal.

[Iamthesmartestmanalive]

Absolute no chance, thats a !!!!! deal.


Its the same interest rate as yours 7.9% so your basically admitting its a !!!! deal:D

[matt1987]

Yeh but how many months is that over? Im not going to pay 3k at the end of a term to keep my car. I will pay near 2300 deposit at the start.

[Iamthesmartestmanalive]

Yeh but how many months is that over? Im not going to pay 3k at the end of a term to keep my car. I will pay near 2300 deposit at the start.


I was just giving you an alternative option to get round your problems at the beginning, you could put your deposit and proceeds of the sale of the worlds best fiesta into a high interest accounts or shares to cover the 3k at the end.

[matt1987]

I'd rather pay the proportion off at the beginning, rather than the end.. just incase I couldn't raise the entire 3K when it was needed (say for example.. if I lost my job) then I would be b*ggered. I'd rather do it the way I've worked out for peace of mind, whether it be this month, or whenever I've sold my car.

[Kez100]

Well i went in last Monday and had a chat with the salesman. He said strictly he could offer no more than £800 for my car, and would not be able to lower the price.

Im not too fussed with the interest, as its 7.9% which is about what i would get charged for a bank loan. You seem to have got a pretty good deal. If the salesman does ring me, with it being the end of the month and all that, then i will try and get a better price for my car, and the brand new one.

Yeh, thats a good idea. I may look on the Ford forums!

If you take a look at 'What Car?' target price for your new car and then try another dealer. It's a pity you don't want Toyota I am sure my dealer would have helped.

I found going to a dealer just out of your normal catchment area helps, as they know they won't get your business unless they play ball.

If they do a deal I wouldn't bother too much about your PE price so long as overall to change is acceptable to you.

[matt1987]

I like Toyota but i dont want to do any of that Hire purchase malarky. Well for the Ford Fiesta Style, the actual Ford website price is over £9000, as where as Bristol Street Motors are doing them for £6495 at the moment.

[Kez100]

HP is a fine deal for me - at 0% (and no fees). I'll keep my savings in my mortgage offset.

OK, so if your above figures stack up, it sounds like they have a deal on already. I'd probably not expect anything more unless What Car target price said I ought to be.

Their deal is bound to affect your PE. Fair enough if you want to wait, there will always be loads of cars around. Unfortunately, the same argument goes for your second hand sale but it's your choice to wait.

[matt1987]

Yeh i know, thats why i was asking that much for my car in the first place. I dont think they will come down on the car price nor will they offer me more for a PX. I might go and have another chat with the saleman tomorrow anyway, as i think he is eager to get his sale done before the month end.

[Kez100]

Goodluck.I've been delighted with my deal and I never ever thought I would buy new.

[matt1987]

I never thought i would buy new either. Whats it like driving a new car? Just out of interest, what Toyota did you go for? I love the Yaris!

How much did you pay in the end? If you dont mind me asking!

[Iamthesmartestmanalive]

I got a brand new yaris on 0% finance at the end of last year for £7830

Toyota have a lot of deals on

[Kez100]

I bought a 5 door Aygo Blue. We have a 8 seater vehicle already and needed to PE our second car to get a cheap runaround for our local mileage with fuel prices rising so much. We also wanted minimal RFL cost.

The OTR price for the spec we wanted was 8385. I got 610 off, free tank of fuel plus the Toyota 0% finance 36 month deal.

I have always bought second hand - usually saving 30%- but with the deal above I couldn't buy used for that price.

I'm past being impressed with material goods, so driving new - or not - doesn't bother me. What I'm impressed by is the fact I have already driven 210 miles and still have half a tank of petrol left (and a full tank is only 32 litres!)

[matt1987]

So do you pay a set amount per month, and then after the 36 months are up, do you have to pay a final fee to keep the car? I got to admit, that fuel economy is pretty impressive!!!

[Kez100]

30% deposit (my old car and some cash) and the balance over 36 months - set amount each month. No final payment. Finance deals are finishing 31st March but who knows what others are around the corner.

Join Toyota Owners Forums for details of what people think of them and the varying fuel economies people are achieving on differing drives.

The special editions out at the moment are Blue (Blue with fitted bluetooth, trimmed mats and air conditioning as standard) and Platinum (Silver with Leather/suedey type seats as standard) . Both have aux ipod connection for stereo. I love mine but it is considerably smaller than a Fiesta.

[matt1987]

Thats a good deal, but i wouldnt want the Aygo, and the Yaris is a bit out of my price range!

[Kez100]

I can understand that.I love my car but I wouldn't have bought it if I didn't have a larger vehicle too.

[matt1987]

I might use that when i speak to the saleman at Ford. See what he says....

[Kez100]

I doubt Ford will bother about another manufacturers deals, especially as they have your vehicle cheaper any way and with a large discount if your 9k versus 6.5k is right. Have you looked at What Car for their target price?

Is it this one? (If it isn't there are loads more options at the bottom of the page)

http://www.whatcar.co.uk/car-review-summary.aspx?NEW_USED=1&MA_TYPE=1&MA=1&RT=378&Submit1=GO

[matt1987]

Yeh its the £7600 target price..... Would they not even consider cutting the APR?

[qazitory]

I'm trying to sell my 2001 (mark 5 - newer style) Fiesta for roughly the same price, and I'm struggling too - maybe there is a lull in the car buying market???

[Iamthesmartestmanalive]

Yeh its the £7600 target price..... Would they not even consider cutting the APR?


Tbh why not just admit you can't afford this car at this time and either stick with what you have or change the kind of car you want

The finance rate is a special offer, the car is already heavily discounted, your car isnt likely to make what they are offering - given it will go to auction

They are not going to cut the rate, or increase the trade in value

You will be able to get something like a fiat, citroen, renault etc for the money you do have

Theres not a lot of point in you continuing to post though, as your completely ignoring everyones advice and comments and are still deluding yourself that this fiesta is worth more than a grand

[MORPH3US]

I personally don't like the Yaris... its such a small car for what I think is a lot of money.

I personally think the Fiesta offers a lot better value for money, but then most people (not necessarily those above) are on the "you can't beat Japanese cars" bandwaggon at the moment.

(G/F has a 57 reg 1.4 Fiesta Zetec Climate with sports and tech pack from brand new... lovely little car, goes well and looks fantastic!

[Kez100]

If you are going to try and play a deal make sure the salesman has some control over it. If it is a set finance company deal and he can't change the rate then there is no point in going down that route for money saving.

I'm on the 'can't beat Japanese' myself due only to repairs and depreciation experience - because I'm old I've owned 2 Mazdas and 2 Toyotas but also have experience of Vauxhall Corsa, Cavalier, Nova, Astra and 3x Fiesta.

I also was surprised at the ONR price of the Yaris.

[matt1987]

Tbh why not just admit you can't afford this car at this time and either stick with what you have or change the kind of car you want

The finance rate is a special offer, the car is already heavily discounted, your car isnt likely to make what they are offering - given it will go to auction

They are not going to cut the rate, or increase the trade in value

You will be able to get something like a fiat, citroen, renault etc for the money you do have

Theres not a lot of point in you continuing to post though, as your completely ignoring everyones advice and comments and are still deluding yourself that this fiesta is worth more than a grand

You dont half make some idiotic posts dont you?? Looking back through your post history has made me laugh.... Man of the world :rolleyes:

How can you say i have been ignoring everyones posts? I have been having a good discussion about cars and financing with Kez100 most of the day!

If you havent got anything constructive to say, why are you still viewing this thread? You have already said i cant afford this car, you have also said i am valuing my car at more than its worth, which i have taken on board.

You dont have to keep on repeating yourself.

[matt1987]

I personally don't like the Yaris... its such a small car for what I think is a lot of money.

I personally think the Fiesta offers a lot better value for money, but then most people (not necessarily those above) are on the "you can't beat Japanese cars" bandwaggon at the moment.

(G/F has a 57 reg 1.4 Fiesta Zetec Climate with sports and tech pack from brand new... lovely little car, goes well and looks fantastic!

Yeh, my G/F isnt keen on the Yaris, but does like the Fiesta. I think the Yaris is a lot of money for what it is but i just like something about it!

Fiesta on the other hand looks a brilliant car. I have had the old style Fiesta, and the Fiesta what i have now and i have never had any problems with them. I think the Fiesta is the one for me.

[Kez100]

You've never had the really old style!

I had two of these......same baked bean colour too! I even made a profit on my first one.

http://www.madabout-kitcars.com/articles/imagePage.php?imagesrc=85_0.jpg&imagealt=Mk

[MORPH3US]

The Bristol Street Motors price is very good for the Fiesta Style at the moment, if they can beat the online brokers without any negotiation at all then it must be a good deal. When we got the g/f's fiesta, they wouldn't get anywhere near the online brokers price and so we walked away and got it online.

OP, are you certain that the £6495 includes metalic paint, I seriously doubt it will, that is a great price and will be just for the standard spec car, metalics are always extra....

[matt1987]

The Bristol Street Motors price is very good for the Fiesta Style at the moment, if they can beat the online brokers without any negotiation at all then it must be a good deal. When we got the g/f's fiesta, they wouldn't get anywhere near the online brokers price and so we walked away and got it online.

OP, are you certain that the £6495 includes metalic paint, I seriously doubt it will, that is a great price and will be just for the standard spec car, metalics are always extra....

No i forgot to mention that its an extra £350 for the metallic paint which i dont mind, as i would have to have it panther black :D

The salesman worked my payments out to be this:

Deposit - £2300
Monthly Payment - £204 over 24 months.

Deposit - £2200
Monthly payment - £209 over 24 months.

[matt1987]

You've never had the really old style!

I had two of these......same baked bean colour too! I even made a profit on my first one.

http://www.madabout-kitcars.com/articles/imagePage.php?imagesrc=85_0.jpg&imagealt=Mk

LOL the one i had before was the one above that. That looks well retro! Brilliant!

[Kez100]

Just wondering, if there are heavily discounted deals on the forecourt of a known dealer difficult to do business with, is there a new shape in the offing?

[harveybobbles]

Yeh but how many months is that over? Im not going to pay 3k at the end of a term to keep my car. I will pay near 2300 deposit at the start.












But, erm... 2300 plus the 800 allowance on your PX is 3100... ;) :p




Ooooh also, for just over 5000 you can get yourself a 2007 56 reg Fiesta Style Climate with circa 10,000 miles on...

[MORPH3US]

Yes, new shape out in November I think, could be October.

http://www.askaprice.com/images/news/inhouse/3586-03.jpg

NICE!!!!

[Kez100]

Bet that comes with a better spec than my Mark 1!

[harveybobbles]

Headlights are as big as the sodding windscreen!!

[MORPH3US]

Interior looks a bit plasticky IMHO

http://www.autoexpress.co.uk/news/autoexpressnews/217407/ford_fiesta.html#

[matt1987]

But, erm... 2300 plus the 800 allowance on your PX is 3100... ;) :p




Ooooh also, for just over 5000 you can get yourself a 2007 56 reg Fiesta Style Climate with circa 10,000 miles on...

Sorry, i based my £2300 deposit earlier in the thread on getting £1300 for my car and i have £1000 cash. Obviously i dont think im going to get £1300 for my old car now as people have said it isnt worth much....

[MrsE]

Yes, new shape out in November I think, could be October.

http://www.askaprice.com/images/news/inhouse/3586-03.jpg

NICE!!!!

Wow, is this a Fiesta?
It looks really smart & I'm not even a car buff.

[matt1987]

Yeh thats the new Fiesta. I expect it to be around £9500 starting???

Oh and that Fiesta 56 plate is a good price, but really if im buying on a 2 year finance i would want atleast 3 years MOT and 3 years warranty.

[Keith]

Just wondering, if there are heavily discounted deals on the forecourt of a known dealer difficult to do business with

These deals have been available for the past 12 months, since I first looked at buying a new shape Fiesta.

[MrsE]

Yeh thats the new Fiesta. I expect it to be around £9500 starting???

Oh and that Fiesta 56 plate is a good price, but really if im buying on a 2 year finance i would want atleast 3 years MOT and 3 years warranty.

Have you thought about a 4x4?:rotfl: :rotfl: :rotfl:

[matt1987]

I dread to think what my insurance would be a on 4X4!!! Im only 20! Not to mention tax and fuel!!!

[harveybobbles]

I was only paying about 500 quid on a group 15 180bhp Audi A4 when I was early 20's... You'd be s'prised Matt...

[matt1987]

How long ago was that though? Lets put it this way, i pay £750 at the moment on a 1.25 ford fiesta zetec....

[harveybobbles]

Wasn't that long ago you ckeeky ho lol.

[matt1987]

Wasn't that long ago you ckeeky ho lol.

lol..... :p

[matt1987]

Well, i have sold my car today. I sold it for £1100 to my DAD! Atleast its sold now, and i have 2100 to go towards my new car!

[matt1987]

Could someone tell me if Bristol street accept cheque payments for a deposit?

[Kez100]

Well done on twisting your Dads arm! (Not critisising - my Dad paid for my first years insurance...err....umm....once upon a time....and I'm being twisted for an ipod touch by my daughter this very moment)

[matt1987]

lol i didnt have to do nothing, he phoned me and said he wanted to buy it!

Does anybody know if Bristol street accept cheques?

[harveybobbles]

Chip an pin? Or bankers draft?

[matt1987]

just a normal cheque? My dad is paying me in a cheque, and at the moment, i only have £1000 in cash to give in, where i need £2000. Would they still do a deal if i were to pay £1000 cash today, and wait for the cheque to be cleared before paying the other 1k off??

[matt1987]

Well.. I went into Bristol Street during my lunch break today, and the salesman I usually deal with wasn't in. So I spoke to the other guy, told him I had my deposit sorted, and wanted to proceed with the paperwork and order the car. Now, last week I was quoted £6845 (£6495 + £350 metallic paint) which was written down on the paperwork in order to work the finance out - this paperwork is saved in their files, as I asked to take it with me for reference and told I wasn't allowed.

So today, the other guy is quoting me £6995! I explained the price I was told only last week, and he wasn't having any of it! I said that it's £6845 with metallics, but he wasn't budging on £6995?! Although they have the cheaper £6495 price advertised everywhere! He spoke to his boss (who incidentally was the one who confirmed the cheaper price last week) and he boss said No - it is £6995! So where have they got the extra £150 from?!

So annoying. Now I've gotta go back in tomorrow to speak to the other guy. Why are they varying the price like this, eventhough they are aware of the cheaper price, and I have been quoted it in their paperwork?

[Hintza]

That would annoy me if the garage did this to me. I would prefer to take my business elsewhere and pay more if I have to just so they don't get the business.

[MORPH3US]

When we were buying our Fiesta, we went in (to Bristol Street Motors) and test drove, haggled and then produced the print out of the online broker price... they said they wouldn't match it but could do it for £X (about £100 more than the online price) but only if we paid the deposit that day.... now £100 is £100 but we thought to buy from a local dealer (support the local economy and get local service if anything goes wrong etc) we would pay the extra £100 so we rushed off home to "get the deposit" (to sort out a loan to pay with).

Rushed back to them within 40 minutes, sit down and wait for the bloke we dealt with and he comes over and says "i'm sorry, really bad news.... spoke to my manager and he says we can't do it for £x and could only do it for £x + 700.....

REALLY ANGRY at this point, we walked away and vowed never to buy from BSM... so we bought online and ended up getting it through BSM in the end anyway (albeit a bigger and lot more professional BSM in a close by big city!!)

So I think they are pulling a fast one OP... I too have seen the Fiesta in my local BSM (the idiots mentioned above) right by the road and stickered down the side "£6495".... will even go and take a picture of it for you if you want....

M

[matt1987]

<snip>
REALLY ANGRY at this point, we walked away and vowed never to buy from BSM... so we bought online and ended up getting it through BSM in the end anyway (albeit a bigger and lot more professional BSM in a close by big city!!)

So I think they are pulling a fast one OP... I too have seen the Fiesta in my local BSM (the idiots mentioned above) right by the road and stickered down the side "£6495".... will even go and take a picture of it for you if you want....

M

So frustrating isnt it!

Yeah, that is like what they are advertising at my local BS (£6495) but it's a different matter when you go in and approach them about it.. they pluck another figure out of the air! That's gotta be classed as some sort of false advertising?!

In all fairness to the other salesman though, he honoured the 6495 price, which is all scribbled down in his files, but he wasn't there today. What makes me laugh is, the same 'boss' who confirmed the 6495 price last week, was today 'confirming' the 6995 price! Where's the consistentcy??!

I'll see what the other salesman says tomorrow. I spoke to him yesterday, and he was still talking about the £6495 price, so I can't imagine him going back on his work (but who knows..) he said that it would be this price until the 31st March. But if it's his 'boss' that does the confirming, he could change his mind. If this is the case, I'm going to question why they are openly advetising the 6495 price!

[MORPH3US]

Take a look at their website mate...

http://www.bristolstreet.co.uk/page/ford_offers.htm

£6495 confirmed!!!

[Kez100]

Does he mean 6995 inc metallics? If so, it's the paint bolt on price they seem to be disagreeing with not necessarily the vehicle price which appearsto clearly still be 6495.

It's not cricket that the paint price has changed but there was no contract so prices can change.

Or, could the extra be ONR price. The 150 extra being for first registration, RFL etc

[**woody123**]

I have no real advice for you matt sorry just wanted to tell you my experience with Bristol Street,

we have bought 2 fords from Bristol Street in West Bromwich over the last 2 years and have had no problems with being quoted prices and then going back a few days later and doing the deal.. When my sister bought her brand new zetec s in Sept last year she saw a different salespersons each time but still got exactly the same deal...

Good deal on selling your old fiesta by the way, maybe if it was to someone else you could have pushed for £1250 maybe but being your dad you should probably give him a bit of a discount:rolleyes: .. Fiesta's are usually good selling cars so i don't understand why yours didn't sell but sometimes when you overload your price to much it can put people off even making the phone call..

I have a 2001 model mk5 fiesta the same shape as yours only with the headlights being different...

You did the right thing in never trading your car in to a dealer unless its knackered...

Last year Bristol Street offered us £1000 for an R reg Ghia Fiesta (60k miles) so i don't get why they were offering you £800 for your S reg..

Anyway hope you get it all sorted..

[matt1987]

The £6495 price is on the road price.. reg, delivery fees included.. this has already been confirmed.

Metallics are £350 (this was confirmed yesterday) and they also said today that metallics are 350. The £6995 price they were quoting was inc the metallics.. so still £150 more. They were getting the base price of the car wrong. GAP insurance is £199 extra, it's not inc in the price.. so it cant be that either!

Anyway, walking away today must have made them sweat abit. About an hour ago they phoned and left a voicemail, reckons he has some 'good news'.. as if he is doing me a favour, when they were advertising 6495 anyway!!! So Im going back up later.

Yeah.. once I have the car price confirmed, I will push for 12m road tax, eventhough he said it would only be 6.. also want fuel, mats.. and anything extra they can throw in. Also the spare key is £20, so guna ask for one of those thrown in to. See what they say...

ETA: Woody - yeah I know they were taking the pee by offering 800, they went up to £850 in the end, eventhough he admitted the car was worth over 1k. He reckons its costs them £200 to take a car to auction, so that was his excuse... Someone I know has a 2001 fiesta (posh one with leather seats).. and the same BS offered her over 2k last month, but when she went in again last week, they offered her about £1,500. It seems that with this deal, they are making their money back through px rates.
Anyway, yeah my dad is giving me 1k for it, he knows someone who wants it, and this way I get the cash now, rather than waiting.

[**woody123**]

Just to add matt,

you should be able to get the 12months road tax as thats what my sister got with her brand new fiesta..they won't give you fuel though, they said something like only being allowed to put in a certain amount of litres.. you may well get car mats.. don't really know about the spare key..

Have you been offered some sort of Diamondbrite valet, thats good i would recommend it...

[matt1987]

Oh right. No.. a valet service hasn't been mentioned yet. The road tax has though, and he was insistent that with the 'deal' price, he could only offer me 6m.. but we will see about that..

I'll let you know how I get on

[MrsE]

Oh right. No.. a valet service hasn't been mentioned yet. The road tax has though, and he was insistent that with the 'deal' price, he could only offer me 6m.. but we will see about that..

I'll let you know how I get on

My husband bought a galaxy off Ford, last week.

No car mats:mad:
Talked him into spending another £200 on scotchguarding the interior & getting a special "car-care" kit:rolleyes:

[matt1987]

I dont understand this place, i really dont.

Right when you buy a new car, they fill a little form out for you, which includes the price of the car, what car, finance apr and charges etc. I asked last week if there was any hidden charges in this finance, to be told that there is a £10 purchase fee with your last payment.

Okay fine....

Today, its £95 purchase fee, they say they cant do nothing about it! So in a week the purchase fee has rose by £85!!! I have phoned Ford Credit and asked their advice. They say that purchase fee's are between £10 - £95, with £10 being on the cheaper models of car... which mine would be ( Fiesta Style ).

I dont know what to do, im going to see the same salesman who quoted that £10 to me tommorrow. I really dont feel the need to be paying another £95 at the end of the agreement when i was quoted £10. He even wrote £10 on his little bristol street card with my details on!!!

[Kez100]

It's all such silly stuff although I'd feel the same as you. Makes my dealer look like an angel!

I wonder if they are playing you up due to your age/excitement or to distract you into arguing about extras that shouldn't even be added rather than giving you the time to deal on the original agreed price.

Do you have any other dealers you can go to who will stop this silly movement of goalposts?

[**woody123**]

I agree with Kez100 here if you think they are messing you about and from what you say it seems they are then call their bluff and go elsewhere..

If you are in the midlands area there are plenty other ford dealerships who would love your business..

Its alot of money at the end of the day mate and if they are messing you about now then what is their after-sales service going to be like..

P.S.. Don't have your car serviced at Bristol Street its at least £40 dearer than other places..assuming you are in the midlands that is..

[matt1987]

Well £6495 is a Bristol Street price, thats the only thing about it. I have phoned the Kings Norton branch, which is the 2nd nearest and they have also quoted me £95 final purchase fee.

I dont have a problem with it, just the fact that they have mislead me on saying that it would be £10.... he has even wrote this down on their little Bristol Street booklet which they use to work out your personal prices and situation. He also said it was like a " contract ".

I may be young, but im also very switched on, and not gullible. I have already walked away twice!! They have phoned after me...

What are my chances of asking for the £95 charge taken off the price off the car as i was mislead?

Or maybe asking for a free first service?

[**woody123**]

Your best course of action is to see the salesman who gave you the figures initially.. I've just spoken to my dad and sister who have bought from there in the past and they both know nothing about a purchase fee, i can only assume it was included in the price of the car..

Edit: It looks like a fee their finance company impose, you must be having their finance then, if you have no car to trade then why not find your own finance without a final purchase fee..

[matt1987]

Your best course of action is to see the salesman who gave you the figures initially.. I've just spoken to my dad and sister who have bought from there in the past and they both know nothing about a purchase fee, i can only assume it was included in the price of the car..

Yeh but did your dad and sister have the cars on finance? If so, i suggest they phone up Ford Credit Europe and get them to check!!!!

[Iamthesmartestmanalive]

Well £6495 is a Bristol Street price, thats the only thing about it. I have phoned the Kings Norton branch, which is the 2nd nearest and they have also quoted me £95 final purchase fee.

I dont have a problem with it, just the fact that they have mislead me on saying that it would be £10.... he has even wrote this down on their little Bristol Street booklet which they use to work out your personal prices and situation. He also said it was like a " contract ".

I may be young, but im also very switched on, and not gullible. I have already walked away twice!! They have phoned after me...

What are my chances of asking for the £95 charge taken off the price off the car as i was mislead?

Or maybe asking for a free first service?

Oh FFS

You thought a !!!! fiesta was worth 1500 quid, get a grip

If you can afford the metallic paint option shut up and get on with this deal

Its already very good and I wouldnt blame the salesman if he wanted to smack you hard by now

[matt1987]

Oh FFS

You thought a !!!! fiesta was worth 1500 quid, get a grip

If you can afford the metallic paint option shut up and get on with this deal

Its already very good and I wouldnt blame the salesman if he wanted to smack you hard by now

Oh so your back?!

Go get a life.... Its moneysavingexpert.com, and you're suggesting that i get ripped off by a salesman with hidden charges? I think your on the wrong website... im here to try and get the best deal and information from other members regarding their dealings with BS.

[Kez100]

Why are they all saying £95 when Ford Finance are saying £10? I'm confused.

You seem to have an odd relationship building up with the other salesmen.

I'd definitely start again and meet your salesman tomorrow and get the starter price at 6495 plus 350 (mets) and 10 final fee. I don't think I would go on and on about what has happened today just try and pick up where you left off from so there is no distraction from these silly changes. Then, once you have picked up from where you left off, start negotiating...... however, there is only so far any salesman will go and clearly the deal is a good one (or you would be prepared to go elsewhere) so there is likely to be little margin to play with.

[matt1987]

Yeh, i think thats what i will do, i just cant believe the cheek of some salesmen. I am not really prepared to pay an EXTRA £95 when i have been quoted £10. I find that pretty unfair.

I know its a good deal, but theres only so far some people can stretch their budgets to.

[Kez100]

Oh FFS

You thought a !!!! fiesta was worth 1500 quid, get a grip

If you can afford the metallic paint option shut up and get on with this deal

Its already very good and I wouldnt blame the salesman if he wanted to smack you hard by now


Come on, thinking something is worth more than it is isn't a crime. Nor is posting vitriol; unfortunately.

You are obviously not in business. I hate time wasters but I love a person with a bit of ooooompf.

[Kez100]

Yeh, i think thats what i will do, i just cant believe the cheek of some salesmen. I am not really prepared to pay an EXTRA £95 when i have been quoted £10. I find that pretty unfair.

I know its a good deal, but theres only so far some people can stretch their budgets to.

I agree, although in some cases budget and sale price just don't meet (a bit like me and a Honda CRV, hence the Aygo). Although I agree you should pay whats agreed, if you are really pushing your budget so the £85 makes or break a deal perhaps you might be better buying a new car later in life. Material goods which depreciate will not enhance your life for very long whereas financial squeeze can be very depressing - especially for a youngster who probably has a decent social life!

[matt1987]

I agree, although in some cases budget and sale price just don't meet (a bit like me and a Honda CRV, hence the Aygo). Although I agree you should pay whats agreed, if you are really pushing your budget so the £85 makes or break a deal perhaps you might be better buying a new car later in life. Material goods which depreciate will not enhance your life for very long whereas financial squeeze can be very depressing - especially for a youngster who probably has a decent social life!


LOL you would be suprised. I dont drink and i dont smoke.... im more of a sensible kind!!!

Its not about what i can and cant afford, its the principle of it. I am sure i will find an extra £95 over the next 2 years lol, but the annoying part about it is being quoted more. I might be lining one of the salemans pockets here with some extra money for lying basically.

I thought about it like this... The finance is 7.9% which is fine for me, and i will end up bieng charged something like £390 for credit, as where as if you take the £95 into consideration, it makes the apr to be like 10%.

[**woody123**]

Yeh but did your dad and sister have the cars on finance? If so, i suggest they phone up Ford Credit Europe and get them to check!!!!

They had their own finance matt, i tried to edit my post but i think you saw what i put first of all, its obviously their finance company's charge..
i hope you can get them to waiver it..

[matt1987]

Oh i see. Im not really asking them to waiver it. If the fee is £95, then the fee is £95... i cant do nothing about that.

Just a bit annoyed that i was lied too last week by the original salesman i was dealing with when he said it was £10.... or maybe the salesman i spoke to today is lying when he says £95??? Who knows? lol.

Ford credit did say that the £10 fee would be for the lower spec models, and £95 for the higher spec. Which makes me think.... the first salesman i spoke to is most likely to be telling the truth with the £10 fee, as its only a Fiesta Style, and not a Zetec.... which is the top spec Fiesta.

[Kez100]

If it's point of principle I'm with you, especially as Ford were saying £10.However, if it's later proved to be human error I wouldn't let it worry me or stop me doing a deal as we are all human and life's too short.

[matt1987]

Yeh you are right. It would be such a good deal to miss out on, but i want something thrown in for my troubles !:)

Im just astounded to see this thread go into 9 pages... thank you all so much!

[MrsE]

Im just astounded to see this thread go into 9 pages... thank you all so much!

So am I!!!

Buy the bl00dy car:mad: :mad: :mad: :mad:

:rotfl: :rotfl: :rotfl:

[Riq]

Yeh you are right. It would be such a good deal to miss out on, but i want something thrown in for my troubles !:)

Im just astounded to see this thread go into 9 pages... thank you all so much!
It's only onto 5 pages with me.

40 posts per page is what all the cool kids use! :D

[MrsE]

It's only onto 5 pages with me.

40 posts per page is what all the cool kids use! :D

I wanna be a cool kid:cool:

How do I adjust the posts per page please:D

[harveybobbles]

One tip for anyone buying a car on the drip finance - When they have these little added on extra payments on your final monthly payment, phone up one month before your agreement finishes and ask for a settlement figure and pay it off - thus not having to pay any fees on final installments...

[Kez100]

Isn't it added to the settlement figure?

[harveybobbles]

No. Just say you owe one more monthly payment of £150 plus the final "admin fee" of say, £50 will be added. But if you phoned for a settlement, it'd be £150...

MoNeY SaViNg

[Kez100]

Interesting. I've never bought on finance (apart from my present deal which is 0% with no fees anyway). It's worth knowing though. What if it's called something else? Say 'final purchase' fee?

[matt1987]

No. Just say you owe one more monthly payment of £150 plus the final "admin fee" of say, £50 will be added. But if you phoned for a settlement, it'd be £150...

MoNeY SaViNg

That's an interesting point... But would that work? Say, if I phoned a month in advance of my final payment, and paid the rest off, wouldn't they just lump the purchase fee onto that? Afterall, it would still be the final payment, just a month earlier..

[matt1987]

Just remembered.. they said if you do pay the remaining finance off early, the purchase fee will still be added.. so wouldn't be gaining anything that way. Also, they charge a fee for settling the finance early too.

[MORPH3US]

and not a Zetec.... which is the top spec Fiesta.

Minor point, but the ST is the top spec Fiesta... followed by the Ghia and then the Zetec S and then the Zetec, then the Style and finally the Studio... (plus loads of special editions sprinkled in there...) so they can hardly say yours is the higher spec....

As for negotiating extras... I doubt you'll get any mats / petrol / extra tax.... this is a rock bottom deal, even the online brokers can't match this....

RE: Finance - as above, why not get a loan for the money = cheaper (possibly 6.8% instead of 7.9%) and also no £95 (or £10) fee to worry about!!!

Finally, do you know how long it will take to get your car delivered... it could be immediate if they have them in stock, it could be 2-3 months if not.... (think my g/f's Zetec was about 8-10 weeks)

M

[Keith]

£6999 is a very good price for a new Fiesta even if it has a 1.25 engine! I've checked the usual places, Archers, Coalville and Matlock and all 3 want more at the moment for one.

[matt1987]

As for negotiating extras... I doubt you'll get any mats / petrol / extra tax.... this is a rock bottom deal, even the online brokers can't match this....

RE: Finance - as above, why not get a loan for the money = cheaper (possibly 6.8% instead of 7.9%) and also no £95 (or £10) fee to worry about!!!

Finally, do you know how long it will take to get your car delivered... it could be immediate if they have them in stock, it could be 2-3 months if not.... (think my g/f's Zetec was about 8-10 weeks)

M

I have considered getting a loan, but as I would need to borrow just 7K, the APR is higher than the finance.

As for delivery times.. on the system it showed that they had a black on in Dagenham, I think... which he reckoned would be a few weeks, but he couldn't cofirm this as he said del times vary. I am prepared to wait though.. as my dad doesn't need my car till I get my new one anyway, so I'll still have access to a vehicle.

Yeah - I realise this is a good deal, hence why I am going for it... but I am going to see if they'll throw in a few sweeteners. He said the cars come with around half a tank of petrol, and they are not allowed to fill them up anymore, so no budging on that. But I'll see what happens tomorrow...

[MORPH3US]

Why do you need £7k if the car is £6845 and you have £2000 deposit?!?!

Surely you only need £4845....

According to http://www.moneysavingexpert.com/loans/cheap-personal-loans#best you could get a loan for 6.8% which is cheaper than the 7.9% Ford charge... so not sure how you make the loan APR to be higher?!?!?

[matt1987]

Yeah, sorry my mistake.. I should have said 'under' 7K because many I've looked at for under 7K have higher APR, and over 7K have lower.. 7K usually being the threshold for some reason. Those in that link are good rates though...

[Kez100]

what about a low APR loan with full flexibility to repay early? Just take
it out and then repay 2k as soon as it is open. The repayments will probably stay higher but if you afford them them it will be pad off quicker too.

[matt1987]

Yeh i think i may have to look into that if they dont drop the sudden £95 purchase fee!!

How long do loans take to be processed though? Will i recieve the cash in time before the offer runs out??

[philhuff]

Well.. I went into Bristol Street during my lunch break today, and the salesman I usually deal with wasn't in. So I spoke to the other guy, told him I had my deposit sorted, and wanted to proceed with the paperwork and order the car.

When you go back in, speak to the original guy. It sounds like he's dealt with you well enough (although the thread is so long I've lost track of who said what!) and, just like you're trying to save some money, he's just trying to make some. If his work ends up with the commission going to another salesman, he'll bit a bit peeved.

Of course, if you can't get the right deal then walk away, regardless of how much work he's done.

As an aside, I purchased a car in 2001 for somewhere in the region of £26,000, and the deal hung on a £20 accessory. It was a great deal, but there were plenty of other great deals to be made, and I'd set myself a very ambitious but realistic target for negotiations, so discussing an £85 fee on a £6,500 car is probably quite reasonable.

[MORPH3US]

How long do loans take to be processed though? Will i recieve the cash in time before the offer runs out??

I think most places you can have the money within a couple of days....

[matt1987]

When you go back in, speak to the original guy. It sounds like he's dealt with you well enough (although the thread is so long I've lost track of who said what!) and, just like you're trying to save some money, he's just trying to make some. If his work ends up with the commission going to another salesman, he'll bit a bit peeved.

Of course, if you can't get the right deal then walk away, regardless of how much work he's done.

As an aside, I purchased a car in 2001 for somewhere in the region of £26,000, and the deal hung on a £20 accessory. It was a great deal, but there were plenty of other great deals to be made, and I'd set myself a very ambitious but realistic target for negotiations, so discussing an £85 fee on a £6,500 car is probably quite reasonable.

Yeh, i suppose its how much they want the sale. I am quite happy to walk away without purchasing a car!! Its up to them. If i get charged £95, i want something thrown in, like a free service or an extras pack.

I will update you all on how i get on later. Im due to go at about 530. He thinks im doing the deal today!

[Kez100]

Let's hope the man from Del Monte says Yes!

[matt1987]

Well just got back from the dealership.... and i didnt purchase a car!!! Basically the salesman admitted that it was a mistake when he said the last payment charge was £10. It is actually £95.

I told him that i hadnt budgeted for that big charge at the end, and that i would take it out if he was to throw Bluetooth in. He asked his manager, and his manager said no.

He wouldnt even throw in 12 months tax.

The best he could do was a spare remote key, and some new mats. I just said no and walked out.....

[MrsE]

Closed Thread

:rotfl: :rotfl: :rotfl: :rotfl:

[matt1987]

Lol it may aswell be!! Unless they phone tomorrow with something i wanted!! The manager was pretty defiant though!!

Oh well, thanks for all your help!!!

[**woody123**]

You did well to walk away, its principle more than anything.. i wouldn't like to be told something and then told the next day it was not true..

Happy car Hunting..

[Riq]

I wanna be a cool kid:cool:

How do I adjust the posts per page please:D
In case you havent been given the answer yet

http://forums.moneysavingexpert.com/profile.html?do=editoptions

If that link doesn't work, go to USER CP --> EDIT OPTIONS --> THREAD DISPLAY OPTIONS and it's in there.

You can have it on 100 posts per page i think if you are feeling too cool for school.

[matt1987]

You did well to walk away, its principle more than anything.. i wouldn't like to be told something and then told the next day it was not true..

Happy car Hunting..

Thanks, it was hard... but i dont want to be conned into anything!!! He may phone me in due course... who knows there may be a better offer on next month!!

[Kez100]

I also agree on sticking to principles. Mind you, a free remote key and mats probably does add up to £85, doesn't it? Our Aygo keys are £110 each! By asking for bluetooth weren't you asking for nearly £300 worth of extras?

[Iamthesmartestmanalive]

Your being unreasonable in all honesty

The extras they were adding in on what was already a heavily discounted car were pretty good

You wanted an option which is only standard on special editions and the top of the range models

At the end of the day its £85 to be paid with the last payment, if you really want to walk away when you wont get a better deal on this car then thats your choice but I reckon if you want a fiesta new you should just sign up

[goldspanners]

Your being unreasonable in all honesty

The extras they were adding in on what was already a heavily discounted car were pretty good

You wanted an option which is only standard on special editions and the top of the range models

At the end of the day its £85 to be paid with the last payment, if you really want to walk away when you wont get a better deal on this car then thats your choice but I reckon if you want a fiesta new you should just sign up

i agree here,the salesman made a small mistake,and you are getting extras free,so i really dont see the problem.
time to give your dad his cash back,and try and sell your current fiesta in a months time then?
a lot of hassle for the sake of £95 in a few years time.i doubt they will call you back,if i was the salesman i would actually dread seeing you walk through the showroom doors again,these fiestas will sell no problem so loosing your sale wont worry them im sure.

[matt1987]

Well he was going to throw in a spare remote key and mats anyway. The Bluetooth he quoted was £150. The salesman was quite happy to throw it in for me, but he went to get authorization from his manager, and the manager said a big fat no..

[matt1987]

Luckily my dad hasnt paid me, he didnt want the car until i got a new one. Im not in no rush, and im a bit wary now because i feel as though they may be taking me for a ride.

[goldspanners]

Well he was going to throw in a spare remote key and mats anyway. The Bluetooth he quoted was £150. The salesman was quite happy to throw it in for me, but he went to get authorization from his manager, and the manager said a big fat no..

it isnt the salesmans budget it would be coming from it would be the managers.
anyway if you want bluetooth why not get an aftermarket parrot bluetooth system fitted yourself,they are very good and start from around £80.

[matt1987]

To be honest, I didn't plan to have the bluetooth, but he said that the black fiesta in Dagenham had the bluetooth in it, and that would cost me an extra 150, otherwise I would have to wait for a fiesta to be shipped from Holland. So my response was, yeah that's fine.. but I don't want to be paying any more, considering you've already mixed up your sums and Im paying 85 more than I orignially thought, and budgetted for. I'd be perfectly happy with the 'normal' stereo system.

And as for him dreading seeing me again, well I couldn't give a damn to be honest.. and lucky for him, he won't be seeing me again anyway. If I do decide to get a Ford in the near future, il be going to the BS a few miles away anyway.

[Kez100]

Personally, I don't think they are taking you for a ride. They are refusing to deal heavily due to the price being discounted anyway. I'd imagine if you were close to what they want for a deal they wouldn't have let you walk away, but there is only so far you can push as they aren't going to lose on a car or take on masses of paperwork for nothing.

I've just looked at our local garage and they have one year old three door styles for sale for £7k. My suspicions are, your dealer is working on high turnover low price for their trade this month. Hence their inability to do much for you.

I think you just asked for too much. The only way I can see them coming back to you is if they need one more sale to meet some bonus target.

BTW did your salesman say the price was 6495 plus 350, or 6995?.....ahh I have just read your post before this one.Is that where the 150 difference came from yesterday - bluetooth?

Unless they are rushed off their feet I doubt they will be dreading seeing you again. They are salesmen - they will have seen it all before.

[matt1987]

No - the extra 150 wasnt for the bluetooth, as they come with a standard stereo, unless you ask otherwise. He was being dishonest, by claiming that the 'deal' price Fiestas of 6495 were adopted stock, which are brand new, but suplus 57 plates which hadnt been sold. He claimed that if I wanted an 08 plate, the price was 6995 - but this was all nonsense, he basically thought I was an idiot and he didnt realise I had actually done my research.

Im not too bothered if they dont call back. If I do decide to get a new car, I wont be going to that particular BSM anyway.

[Kez100]

That's clearly untrue as their website says 08 plates...

http://www.bristolstreet.co.uk/page/ford_offers.htm

I can understand leaving them on simmer and moving on. Plonkers.

[matt1987]

That's clearly untrue as their website says 08 plates...

http://www.bristolstreet.co.uk/page/ford_offers.htm

I can understand leaving them on simmer and moving on. Plonkers.


Can you see where im coming from? He claimed he couldnt look at the internet prices as he said his computer wasnt internet ready lol!! But he was able to access the ford car catalogue and he had print outs of the website on his desk!

Also i was a bit !!!!ed off in the way the MANAGER phoned my partner yesterday to tell me that he had " Good News " regarding the price of the vehicle. Basically he phoned to say that yeh that price of £6495 WAS the actual price of it!!! No !!!! sherlock....!

I am tempted by the offer, but i think i may go to the Bristol street a bit further away in Kings Norton if i am going to do a deal! The manager is far too arrogant at my local one.

I appreciated the salesmans help though.

[matt1987]

Just to add... it seems as though im not going to be able to get a decent loan, the 6.8% apr wouldnt apply to me with Barclaycard, as i havent got a credit score! Basically im going to get a !!!! APR because i dont or havent ever owned a credit card or had a loan before.

[Kez100]

That's common when young and a different issue - out of a salesmans hands. My first personal loan came from my own bank who knew my account well - could you go to your own bank?

[matt1987]

That's common when young and a different issue - out of a salesmans hands. My first personal loan came from my own bank who knew my account well - could you go to your own bank?

The APR rates arent that good for HSBC which is who i bank with. I probably wouldnt even get their base rate anyway of 8.9%.

Why is it that Ford can offer me finance on 7.9% but a bank cant? What the difference, surely there are the same risks?

Also, if i took this finance out with Ford, and my payments were spot on all through my term, would it give me a good credit score for later on in life?

[Kez100]

I don't know how long good things stay on file for. You can check your rating for a bob or two, so that would be a way to find out.

[matt1987]

Yeh i suppose thats an option, but does that affect your credit score? I wonder if the bristol street in kings norton will be a bit more leniant than my local one, as it does seem to be considerably bigger.

[goldspanners]

Yeh i suppose thats an option, but does that affect your credit score? I wonder if the bristol street in kings norton will be a bit more leniant than my local one, as it does seem to be considerably bigger.

yes they may just have a spare free fiesta sitting around.
the dealer doesnt have any say in the finance,that is up to ford,not the dealer.

[matt1987]

yes they may just have a spare free fiesta sitting around.
the dealer doesnt have any say in the finance,that is up to ford,not the dealer.

:rolleyes: . Yeh i know about the finance now, i understand that. But i mean they may be a bit more leniant in throwing lets say... Bluetooth into the mix, or atleast 12 months road tax! Im only thinking that because its a bigger place, and there may be more margin for them to plat around with?

[goldspanners]

or maybe as the deal is so good in the first place bristol street are buying huge amounts and distributing through every dealer at the same price.so leaving very little room for adding on £££'s of extras,mats,extra key fob,bluetooth stereo easily £300.

[matt1987]

Just found out that Lookers are doing it for £6495 too! http://www.lookers.co.uk/special-offers/FORD/FIESTA/3293

[Kez100]

Looks like you may be enjoying your weekend. I hope you manage to sort something to your satisfaction.

[matt1987]

Yep, i like looking and trying to get a good deal. I am in no rush so there is no problem there!!!

I hope so too, my current car wont pass its next mot without repairs, and i dont want to use my savings on a repairs bill to get it through its next MOT! I would pay monthly than waste my time on a 10 year old car!

[Kez100]

Mmmmmmm. Now who is talking porkies? I thought your ten year old car was in immaculate condition. I hope you have been upfront with your Dad on the work needed.

[matt1987]

Mmmmmmm. Now who is talking porkies? I thought your ten year old car was in immaculate condition. I hope you have been upfront with your Dad on the work needed.

lol yeh he has seen the advisories. its a suspension spring, and 2 new tyres. I just cant be bothered with the hassle...

[MrsE]

Just found out that Lookers are doing it for £6495 too! http://www.lookers.co.uk/special-offers/FORD/FIESTA/3293
:wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall:

[MORPH3US]

But i mean they may be a bit more leniant in throwing lets say... Bluetooth into the mix, or atleast 12 months road tax!

Seriously, at the risk of repeating myself for the 10th time, this deal is a ROCK BOTTOM deal... I would have snapped his hand off for the extra key (worth £20) and mats (worth £50)!!!

I may be wrong, but I very much doubt it... if you get free bluetooth or a 12 month tax upgrade for free then i'll eat my hat.

You think the manager is being arrogant / whatever, but at the end of the day, its his business and he is trying to make a success of it... he isn't going to give them away... at this price they will fly off the shelves quick enough...

Can't believe this thread is 6 pages long and we're back to square one.....

BTW when you said

"it seems as though im not going to be able to get a decent loan, the 6.8% apr wouldnt apply to me with Barclaycard, as i havent got a credit score!"

Where have you got that info from or have you made it up?

[matt1987]

Seriously, at the risk of repeating myself for the 10th time, this deal is a ROCK BOTTOM deal... I would have snapped his hand off for the extra key (worth £20) and mats (worth £50)!!!

I may be wrong, but I very much doubt it... if you get free bluetooth or a 12 month tax upgrade for free then i'll eat my hat.

You think the manager is being arrogant / whatever, but at the end of the day, its his business and he is trying to make a success of it... he isn't going to give them away... at this price they will fly off the shelves quick enough...

Can't believe this thread is 6 pages long and we're back to square one.....

BTW when you said

"it seems as though im not going to be able to get a decent loan, the 6.8% apr wouldnt apply to me with Barclays, as i havent got a credit score!"

Where have you got that info from or have you made it up?


lol yeh i know, im pushing my luck!!! I think i will probably go for it tomorrow, but im going to a different dealership to see what i can try for there then... no harm in shopping around! I will also phone Lookers and see what they have to offer... if anything different.

Its actually 11 pages long!!!!

Oh and i phoned barclays up and spoke to someone, and she said that 6.8% is a base rate, and it can vary between 6.8% and 22%!!!! She said i would most definatly not get 6.8% as i havent got a credit score! She said if you apply and dont take it, you get a bad credit mark against you. Not worth the risk imo.

[Kez100]

If the rate from Ford can vary or be turned down, you had better get the finance deal in place first before agreeing to buy. Our finance documentation and agreement was all done on the day of collection while our shiny new car was sat outside waiting. You wouldn't want to be in that position and then suddenly find you are at some terrribly high rate.

[matt1987]

If the rate from Ford can vary or be turned down, you had better get the finance deal in place first before agreeing to buy. Our finance documentation and agreement was all done on the day of collection while our shiny new car was sat outside waiting. You wouldn't want to be in that position and then suddenly find you are at some terrribly high rate.

Yeh, i will have to ask them if i will definatly get that rate before going through with the deal. According to the salesman at my local bristol street i wont have no problem whatsoever.

However, if it is a higher apr, then they shouldnt charge the £95 purchase fee. I found this out last night when i phoned ford credit. The women said that if it was a higher apr, then it wouldnt be £95, but because its a low apr of 7.9% they may well charge me £95 purchase fee instead of £10.

I would of thought the 7.9% apr would be a set apr as thats what the offer is advertising no?

[Kez100]

Even our 0% said 'subject to status'.

Another clue is often where it says 'Typical rate' - that's not definite wording in my dictionary, although that's not to say in reality anyone gets a different %. You'll have to ask the experts and given the fun you have had over the £95 you'll probably be wanting guarantees not opinions.

[matt1987]

lol yeh your right on that one. I will want garantee's from them if i went ahead and ordered tomorrow... which if all goes well, i think im going to. Its such a good deal to miss out on to be fair. I would just rather give my money to another BSM after the constant lies and patronism from the manager of my local BSM.

[MORPH3US]

Yeh, i will have to ask them if i will definatly get that rate before going through with the deal. According to the salesman at my local bristol street i wont have no problem whatsoever.

Given your past experiences, I would accept nothing but a written guarantee...

At the end of the day, you are taking out a loan, as you would have been with the Barclaycard loan we discussed above... so the same rules should apply... if you can't get the better rates with barclaycard because you "have no credit history" then I would be concerned that you wouldn't either....

And just because they advertise 7.9%, doesn't mean everyone is guaranteed it... its the same as with the barclaycard loan, thats the best rate anyone can get so thats the one that they advertise to draw people in...

[matt1987]

Given your past experiences, I would accept nothing but a written guarantee...

At the end of the day, you are taking out a loan, as you would have been with the Barclaycard loan we discussed above... so the same rules should apply... if you can't get the better rates with barclaycard because you "have no credit history" then I would be concerned that you wouldn't either....

And just because they advertise 7.9%, doesn't mean everyone is guaranteed it... its the same as with the barclaycard loan, thats the best rate anyone can get so thats the one that they advertise to draw people in...

Yeh, i will need a written garantee before i go ahead with it. I didnt realise it worked like that when you have a car on HP. I just thought you pay Ford back. Its something i will have to discuss tomorrow.

thanks for making me aware of that.

[jammin]

Come on Matt, we've had no update today mate. :confused:

What the story so far?..

[matt1987]

Well it aint good news..... I went to Kings Norton branch, and the guy i spoke to was really helpful!

After all the confusion at BS Shirley, this guy actually did it through the Ford system, and it seems they can only offer me 16.9% apr!!!! Not 7.9%!!! Seems that because im clean i cant get the good 7.9% rate.... and 16.9% is just way out of my budget.

Phone my bank, and that can only quote me 17.9%.

I would be paying over £750 in interest! Thats without the £95 purchase fee at the nd... :mad:

[harveybobbles]

Come on Matt, we've had no update today mate. :confused:

What the story so far?..

:rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes:

One of the problems with young people wanting finance is cos they are "clean" it usually means they are deemed to be weak too.

Someone your age probably has no direct debits, no credit cards, no household bills, no phone bill etc.

But it's sometimes worth getting a credit card with a £250 limit, soend on it and then pay it off in full the next month just to earn a few brownie points on the old credit score...!

[jammin]

:rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes:

What's that supposed to mean?

[harveybobbles]

I was just rolling my eyes at Matt's reply lol

[jammin]

I was just rolling my eyes at Matt's reply lol

Oh right, ok. It's just you quoted me, then edited your post after.

Matt, I agree with albertross. Your current car's good looking, and honestly, what difference is a new Fiesta going to make to you? It'd save you a small fortune by keeping it. I know that's what I'd do anyway.

[matt1987]

Well i do have direct debits, because i have gym membership, Setanta Sports and Swift cover insurance go out every month.

The only problem is i dont have any utility bills. Basically the difference between the 7.9% apr and the 16.9% apr is £10 extra per month than what i originally worked out.

Problem is, i have a decision to make, as my car tax is coming up, and i have a feeling with the next MOT its going to cost some money, with the age it is now.

My situation is.... I live @ home, with basically no outgoings apart from those mentioned above, and £200 upkeep per month.
I would like a car thats going to last me a fair few years... say 5/6 years and have it paid off before i get on the property ladder, which i am hoping will be in the next 2-3 years!! I cant seem to justify paying the 16.9% apr, even though thats the cheapest rate iv been quoted!

Thing is, the new car is cheaper than my current car on insurance aswell!! Plus there is no MOT for 3 years. But do i have room to moan because the new car is already " very cheap" at the moment.

[harveybobbles]

Have you tried Cahoot or A%L for a loan? They normally knock them out around 6% APR...

[Kez100]

I'm sorry, but it's good you asked the right questions first. If the Fiesta offer continues you could try for a lower interest rate from another, reputable, source although we know there isn't a great deal of excess cash knocking around at the moment.

Otherwise, stick with your little red devil. Paying out on repairs on a car which hasn't got a great deal of depreciation left in her versus a depreciating new car. There are advantages and disadvantages for both.

[matt1987]

Alliance and Leicester's "default" quote worked out £6 cheaper than ford credit per month.

But take my situation into account, the actual apr would almost definatly be a lot higher.

[matt1987]

Looks like i may have worked the apr out wrong with ford. Seems like its 14.9% which is a bit better.

With that my monthly payment would be £232.55 for 24 months, with a £2000 deposit.

[Kez100]

I can see where this is leading. Obviously, it is completely your choice.

Don't be blinded by the thought of a shiny black motor. £2000 plus £232 every month is a lot of money you could have spare to spend on repairs or save towards your first home.

[matt1987]

Well... lol.

I went to bristol street kings norton again this morning. I was gonna go ahead with it!! But it turns out that the apr of 16.9% was wrong!!! They honoured it at 7.9% but had to tweak the figures to get that, and it turns out im getting it at 7.4%.

I went ahead, and have it in writing the percentage and monthly payments ( £215 ). They have thrown in a spare remote key and some mats, with £15 of fuel and a week free insurance.

All i am waiting on now if the finance to go through ok, he said he is going to phone me later or tomorrow morning to let me know as the Ford system was going exctremly slow.

[Iamthesmartestmanalive]

Well... lol.

I went to bristol street kings norton again this morning. I was gonna go ahead with it!! But it turns out that the apr of 16.9% was wrong!!! They honoured it at 7.9% but had to tweak the figures to get that, and it turns out im getting it at 7.4%.

I went ahead, and have it in writing the percentage and monthly payments ( £215 ). They have thrown in a spare remote key and some mats, with £15 of fuel and a week free insurance.

All i am waiting on now if the finance to go through ok, he said he is going to phone me later or tomorrow morning to let me know as the Ford system was going exctremly slow.


Its all good the dealer saying that but he wont choose the rate, it will be the seperate finance section and being honest the higher rate seems more likely given your age and lack of previous credit

I'd brace yourself for a call stating you've been accepted but at a higher rate

[matt1987]

lol i am half expecting that.

[Kez100]

Good luck on getting a positive call.

I suppose the Ford system is on go slow as it's Saturday and probably very busy. My agreement took two hours to complete and that was a mid-week deal.

I also think that the finance will be the ones to say yes or no, but if the dealer has been prepared to drop the price to cover the extra, for example, then although he doesn't have APR control he will have some degree of control over the monthly payment by reducing the car price that way. We are close to the end of the month, very close, and we don't know his target situation.

[matt1987]

Well i got a phone call and 1hr half ago to say that there had been no problem in the finance side over fords end, and that it all seems ok, but they picked out some little niggly bit of infomation which was causing a problem in them processing it.

I have just got back from there, again! I had to take a Bank statement and Driving license, and i also took a p60. They photocopied them and faxed it to ford.

The salesman then spoke to Ford half hour later and they said they had recieved the faxes, they have looked over it and cant see any problem in the apr or anything like that. They just have to run them through the computer but they were really busy and it may take until tomorrow.

It all looks promising so far.

As targets are concerned, i managed to get a sneak peak of the manager office while i was there and on the big whiteboard it had:

Target - 170
Sold - 164
Required - 6.

I take it thats how many car's they have sold this month, and the reuquired is how many they need to sell by Monday?

[**woody123**]

Well... lol.

I went to bristol street kings norton again this morning. I was gonna go ahead with it!! But it turns out that the apr of 16.9% was wrong!!! They honoured it at 7.9% but had to tweak the figures to get that, and it turns out im getting it at 7.4%.

I went ahead, and have it in writing the percentage and monthly payments ( £215 ). They have thrown in a spare remote key and some mats, with £15 of fuel and a week free insurance.

All i am waiting on now if the finance to go through ok, he said he is going to phone me later or tomorrow morning to let me know as the Ford system was going exctremly slow.

You did well to get the fuel matt and the mats, the weeks free insurance is a standard offering on new cars there i think but still it means you have a week to shop around for a good deal..

Hope it works out for you..

[Kez100]

I think it's looking good and well done you if it comes off.

With 6 to go and three days left, they can't go turning any trade down!

[matt1987]

Thanks, im just waiting for comfirmation now, whether thats today or tomorrow. It seems to be looking good!

[jammin]

Note to self thanks to Matt: If buying a brand new car, do so at the end of the month. :beer:

[matt1987]

Indeed. I think the key is walk away if you dont feel comfortable. I just didnt feel comfortable and Bristol Street Shirley, and they were not professional at all.

I would recommend the Bristol Street Kings Norton as the staff are friendly and very professional.

I will let you all know if my finance went through ok, although the salesman and ford credit said there really should be no problem now as i found proof of where i work aswell with my p60.

[Kez100]

hope its not northern rock !

[matt1987]

Well i went to BSM this morning, and was told that a p60, bank statement and driving license wasnt good enough!! They wanted 3 previous bank statements!

I had to go back home, and find 3 previous statements so i could prove i have been living at my current address. The salesman faxed them over, and half hour later got a phone call from Ford Credit saying thats now fine, and now they want an employers reference tomorrow.

They say they will phone my employer tomorrow morning to get a reference... I dont understand, they already had last years p60!! I aint telling !!!!!!!!!

Anyway, its got to be cleared up tomorrow as i if it isnt, i cant register the car as the offer would of expired!

The salesman said its more or less sorted, and they just have to get proof that i do work at the company in which i say i do.

[Brooker Dave]

Wow, is this a Fiesta?
It looks really smart & I'm not even a car buff.

It looks a bit like a fish.

[harveybobbles]

So, 250 posts and you've nearly bought the Fiesta...!

Hope yoiur boss is in a good mood tomorrow... lol.

[matt1987]

Well my boss wants me to get the car. He is also a mate so i cant see any problem there. I will just warn him tomorrow!!

I know i cant believe the response i have had. Thank you all, some great advice in here!

[matt1987]

Right, My finance has now gone through guys! At last!

Have to go to BSM later to sign the Hp paperwork, and order the car!

Hopefully i dont hit another brick wall later!!

[harveybobbles]

oooooooooooooooooooh we'll all be here waiting to find out! Can I be first to have a go in it...?!

[matt1987]

Hmmm dont know about that!

[harveybobbles]

Well, did you get it? Fancy a spin up to Cheshire? Run it in nicely...?! lol...

[matt1987]

Well just got back, had to sign the finance papers and all that jazz. Cant do vehicle registration as the database that generate the new reg's is playing up, so i will get that tomorrow.

The car is in the country, and i will have it between 7-12 days!

[harveybobbles]

Make sure you ask them to ge ta reg number thats close to your initials...!

[WalterQ26]

ya its a little high. Just drop it little by little, I wouldnt go all the way down like some suggest.