We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

What to look out for when buying a car

I test drove a car today, am getting it checked out by a friend who knows about cars and want to know what to look out for and challenge the dealer on.

I am getting finance, the car is £8k and I got it down to £7.5k then I will pay a deposit of £500. Is it possible to get the price down more?

Also, they quoted 13% for finance. I dont think I will get a loan because although I have a good credit history (checked this out), the credit crunch is biting and I just recently changed jobs.

Comments

  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    It sounds like you have agreed on the price. A bit rude to go back and haggle again.

    However the finance sounds extortionate (I wouldn't deal on 13%). Have you spoken to your bank about a loan?
  • Hintza wrote: »
    It sounds like you have agreed on the price. A bit rude to go back and haggle again.

    However the finance sounds extortionate (I wouldn't deal on 13%). Have you spoken to your bank about a loan?

    No I havent as I am concerned about the fact that I have changed jobs recently and what with the credit crunch and if they decline, its a dent on my record.
  • Barneysmom
    Barneysmom Posts: 10,131 Ambassador
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Yes you should get a loan for about 7% or so?
    See if the manual has been stamped when the car's been serviced, make sure it has a good service history. Drive round for a couple of miles, make sure the overtemp light doesn't come on. Then make sure the thermostat hasn't been pulled out ;) Check the oil, see it's not sludgy foamy.

    Check the milage, and have a look at the interior - does it look like it's done the mileage stated, or does it look older/grubbier than you'd expect for a car of the age you're buying?
    Do lights/indicators/horn work ok? Does the bonnet catch work?
    Steering. Does it pull towards the left/right by a visible amount when you drive in a straight line? Are the brakes good and solid, do an emergency stop - safely.
    #There's loads to look for, hope your mission goes well xxx
    I’m a Forum Ambassador and I support the Forum Team on the Old style MoneySaving boards.
     If you need any help on these boards, please let me know.
     Please report any posts you spot that are in breach of the Forum Rules by using the Report button, or by e-mailing forumteam@moneysavingexpert.com.
     All views are my own and not of MoneySavingExpert.com
  • Jonesya
    Jonesya Posts: 1,823 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'd say check all of the little functions/features - heater blower, wiper settings as faults on these can be missed.

    Also check the mileage, when the next service is due and what is required - if it's a major and there's significant work required then it might be worth trying to get it included if it's due shortly.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349K Banking & Borrowing
  • 252.4K Reduce Debt & Boost Income
  • 452.7K Spending & Discounts
  • 241.9K Work, Benefits & Business
  • 618.5K Mortgages, Homes & Bills
  • 176.1K Life & Family
  • 254.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.