Car Finance - new car?

nscott88

Hiya,

I'm wondering if someone can help?

My fiance and I bought a 59 plate Astra on Saturday and picked it up yesterday. We test drove it etc and felt happy with it. We took finance with Arnold Clark and the payment terms were £140 each month, which we were really happy about. The car only has 2000 miles on it and original price was £7188.

When we picked it up yesterday we got a feeling that we didnt really fancy it, doesnt have all the mod cons etc and very very basic for a new car. I have been driving it to and from work today and just not feeling it. My past few cars ive been really excited about but not this one.

When we got home tonight we checked Arnold Clark for other cars and seen a new-ish Ford Focus for £7988 (800 more than what we've already paid)

Does anyone know where we stand really? Are we able to trade it back in and get another car but pay similar cost each month?

Thanks.

mlp

doubt it - unless there's some sort of 30-day no quibble exchange scheme with Arnold Clark. But then you'd still pay £800 more for the Focus, probably have to pay fees to close down the finance and re-open new finance, etc, etc, etc.

Worst case is they will accept the Astra back as a trade-in for £1000 - £1500 less and then sell you the Focus.

McKneff

Why did you keep shopping around after you had bought your car.

Your supposed to test drive the car before any thing else and make a decision.

Change it now and you'll lose about £1500.

nscott88

We did test drive it. We didnt plan to buy it there and then, but we got a good deal (i think!) I dont think we'll loose £1500 on it, we just checked on webuyanycar.com and they quoted £6650, so its £538 we'll possibly loose.

Not sure what to do. Dont really want to have a car for the next 3 - 5 years and not that happy with it.

PNPSUKNET

Its not just the cost of the car, you will be liable for taxing, acceptance fee etc from the finance company. Arnold clark dont give anything away

CHR15

Dont forget you have also added another owner which will drop the price further.

One of the things I look at when buying a second hand car is the ownership. If someone dumped it after only owning it for a short time it must be a lemon.

Luke-D

nscott88 wrote: »

We did test drive it. We didnt plan to buy it there and then, but we got a good deal (i think!) I dont think we'll loose £1500 on it, we just checked on webuyanycar.com and they quoted £6650, so its £538 we'll possibly loose.

Not sure what to do. Dont really want to have a car for the next 3 - 5 years and not that happy with it.

Scott you will not get £6650 from webuyanycar.com also known as UK Car Group PLC which is the company name that webuyanycar.com webuyanyvan.com and Carcraft UK all fall under.

When you arrive with the car and your valuation salesman will greet you and are trained to actively try and knock up to 25% of what the website quotes you and will use every tactic in the book from this and that needs repairing to minor scratches and dents.

Believe me I doubt anyone has received what they was quoted by the website.

yorkshire-lad

Just to add,you will not be able to sell the car to anyone anyway,it is not yours to sell,it is still the finance company's until you have made the last payment.

I agree with luke,they will knock the price down significantly.
Your better off just sticking it out and think about handing the car back when you've made 50% of the payments.

How long have you got it for?

BugsyBrowne

Luke-D wrote: »

Scott you will not get £6650 from webuyanycar.com also known as UK Car Group PLC which is the company name that webuyanycar.com webuyanyvan.com and Carcraft UK all fall under.

When you arrive with the car and your valuation salesman will greet you and are trained to actively try and knock up to 25% of what the website quotes you and will use every tactic in the book from this and that needs repairing to minor scratches and dents.

Believe me I doubt anyone has received what they was quoted by the website.

Sometimes webuyanycar can give a really good price for your car, think it all depends what sales person you get, as I purchased a BMW last march for 5k and sold it to webuyanycar 7 months later for 4.8k, you have to remember these cars will then be put in a Carcraft showroom for a stupid price, ready for someone with bad credit come along and pay 3 times what the car is actually worth..

KingElvis

Blimey, we have a new Astra at work and it's a great little car.

Arnold Clark are a box shifter for cars, they'll be happy to swap it but after fees, tax, finance charges and a duff trade in you'll be out of pocket twice or three times your estimate.

KingElvis

star-fire wrote: »

Sometimes webuyanycar can give a really good price for your car, think it all depends what sales person you get, as I purchased a BMW last march for 5k and sold it to webuyanycar 7 months later for 4.8k, you have to remember these cars will then be put in a Carcraft showroom for a stupid price, ready for someone with bad credit come along and pay 3 times what the car is actually worth..

Fair enough SF but you have to remember, the car isn't theirs to sell :rotfl: