Need £11,000 loan for a car

Foxtbh

ILW wrote: »

Never realised Seats lasted 54 months.

Of course a Seat lasts 54 months. The interior build quality isn't up to that you'll find in something like a Golf but all the mechanicals are from the same parts bin anyway - the same engine range, the same suspension components, etc etc.

I do personally agree a lightly used Golf would be a better buy than a new Leon but to say a Seat wont last 54 months is just ridiculous and simply highlights the point I was making above about some of the sentiment in this thread.

ILW

Foxtbh wrote: »

Of course a Seat lasts 54 months. The interior build quality isn't up to that you'll find in something like a Golf but all the mechanicals are from the same parts bin anyway - the same engine range, the same suspension components, etc etc.

I do personally agree a lightly used Golf would be a better buy than a new Leon but to say a Seat wont last 54 months is just ridiculous and simply highlights the point I was making above about some of the sentiment in this thread.

You don't see many old ones around.

paddyrg

Frankly, I'd be biting their hands off at 10.9% from the limited information given in the thread. Most personal loans are higher than that at the moment. You might find better headline rates advertised but they will assess you for risk, crdit history, etc., and may not offer you that headline rate. Risk factors from the post (all we have to go on) - fresh graduate b uying a depreciating asset valued at around the same as the average graduate starting salary. Maybe your hubby is in his 40's and has just finished an OU degree whilst working as senior management for a company? Maybe he's 21 and has no real salary/money management experience? I have no idea, but lenders will consider all of these cases before making an offer. 10.9%, if you're going to borrow against a car of all things, is not at all a bad deal.

Darn! On my phone, didn't realise thread was a necro. Guess we'll never know how it turned out?

KingElvis

ILW wrote: »

You don't see many old ones around.

I don't know about the modern ones but the old, original Seat Ibiza was a total rot box that was lucky to make it to its first MOT.

Things may have moved on from that but I wouldn't touch one becuase that image lingers in my mind.

ILW

KingElvis wrote: »

I don't know about the modern ones but the old, original Seat Ibiza was a total rot box that was lucky to make it to its first MOT.

Things may have moved on from that but I wouldn't touch one becuase that image lingers in my mind.

I had one in the 80s as a company car, with "System Porche" emblazoned down the side. It literally fell apart in less than a year.

KingElvis

ILW wrote: »

I had one in the 80s as a company car, with "System Porche" emblazoned down the side. It literally fell apart in less than a year.

They are the ones I remember, I honestly didn't know they still made those things.

One in yellow sounds like shonky, even with the technology pack.

Dabooka

What's really sad is I recalled this thread from two years ago because of her reaction to Dave's "You can't afford this car".

I need to get out more.....

Foxtbh

ILW wrote: »

You don't see many old ones around.

Because the only thing they have in common with the new ones is the Seat badge. Seat is now a wholly owned subsiduary of Volkswagen Group, producing badge engineered VW Group products from the same parts bin as other VW Group companies, such as Skoda, Volkswagen, Audi (Yes, Audi). The Leon is a Golf with Golf mechanicals, the Golf platform, and some cheaper and more nasty interior plastics and more 'funky' styling. Its target market is younger or younger 'at heart' (Dont you just love marketing speak?) buyers who want something more 'sporty'.

This is how VW group operates - multiple brands offering essentially the same products tailored at different market segments.

Want a posh hatchback? Buy an Audi A3.
Want a nicely made, dependable hatchback? Buy a Golf
Want something a bit brash, a bit sporty? Buy a Leon
Want something that offers excellent value? Buy a Skoda Octavia.

In reality no matter which you choose, it will arrive on the same platform with the same engine and many of the same mechanicals, differingly only really in terms of interior and exterior styling and the level of quality apparent in the interior etc.

A 1980's Seat has absolutely nothing in common at all with a late 2000's Seat bar the badge that says 'Seat'.

I did think that such a forum would be firmly against presumption and hearsay as the basis for advice, it seems to go against what the forum stands for.

Dabooka

I can't speak for ILW, but I'm struggling to remember last time I saw anything older than a '54 plate well into their VW tenure.

But I get your point about early 80's Fiat build quality

KingElvis

magnetse wrote: »

eagerly waiting for new jobs. thanks

And on that bombshelll :rotfl: