Need to get a car, panic!

rodenal

You can get PCP on nearly new cars which could be an option for you. Similar to leasing really only you will have the option to buy the car at the end of the lease period for an agreed sum or hand it back. These tend to be cheaper on say a 6month -1year old car than it would be to lease, though check out places like lingscars as there are sometimes some excellent deals for leasing run out models etc.

The advice about only buy a car from a certain country of origin etc is mostly rubbish these days, as you're buying/leasing a car so new you should have little to worry about r.e repair costs anyway due to the warranty period.

Not sure how decent the spec is on your current 3 but if you're prepared to take a less than popular model leasing is generally cheaper, as mentioned before also check the mileage you are agreeing to, it sounds like you do next to no miles.

The new mazda 3 is a good car, as is the megane coupe (bit hard to see out of the back though). I also wouldn't rule out anything from Hyundai / Kia before going to see and drive them.

Another option could be to find out where your current car will be sent to auction, get a loan in place and go buy it! it'll go for up to around 25% less than it would be from a dealer

zppp

Your Lease - reported for :spam:

Niksan

ILW wrote: »

Whe I looked at leasing, the payments were not much different to an HP agreement. over a 3 year term the lease cost around £1000 less on a car of around £10k. Just did not add up financially.

Doesn't leasing also cover maintenance as well? I'm sure when I had my lease via work (going back ten or so years now) that things like tyres, servicing didn't cost me a penny, and obviously all that stuff adds up when you buy your own. Could be totally wrong on this though.

Ihatecameron

It is ok to buy a new car if you have plenty of money to spare, as soon as it leaves the forecourt, that wipes a couple of grand off the price. I always buy from auction, cuts out the middle mans profit.

wee_den

Niksan wrote: »

Doesn't leasing also cover maintenance as well? I'm sure when I had my lease via work (going back ten or so years now) that things like tyres, servicing didn't cost me a penny, and obviously all that stuff adds up when you buy your own. Could be totally wrong on this though.

Nope the only thing it covers is the road tax :cool:

Babache

Hi all.

Still trying to work my way round my "no credit history" thingy (due to relocating from abroad last year) from another thread and came across this ...

I would presume that car leasing is similar to buying from a dealer in that you would have to pay a deposit?? And, be that as it may, the leasor (or whatever he's called) would credit-check you the same way as for credit??
Daft questions, maybe, but no experience of this - despite my advancing years

StrongWork

Regaring the car choice: If you want to minimise your issues, I'd be sticking with the Japanese motors. Typically (and statistically) more reliable than their French counterparts. Perhaps lacking in all that va va voom malarkey, but if you need a car to get from A to B, who cares.

angel_snowfey

work hard and get promotion. anyway, good luck hope everything goes well with you!

wee_den

angel_snowfey wrote: »

work hard and get promotion. anyway, good luck hope everything goes well with you!

cant really go much further as already a manager, but thank you

Babache

Anyone tried "Time4Leasing"??
I've just put in an enquiry for a short-term lease (6 months) as that is the "guaranteed" contract that will be offered to me in my new job. The rates quoted cut in half what I would have to pay with my local car hire firm (who are the cheapest I've seen thus far!) and more so with the train ...

As a reminder, no credit history means no or expensive credit and, frankly, wouldn't want a loan until job became permanent anyway

I will let you know what they say when they revert to me.