used car -- help, in case I've made a booboo!

mikey72

NeverAgain wrote: »

............Before deciding, factor in travel costs and possible bother if you have to take it back.

I don't think that'll be a factor, I don't think Car Giant would do anything, they sell you an AA warranty for £200 or so, then you're off on your own.

NeverAgain_2

...I don't think that'll be a factor, I don't think Car Giant would do anything, they sell you an AA warranty for £200 or so, then you're off on your own...

Generally that may be true, but an acquaintance of mine bought a car from CarGiant which suffered a major mechanical failure within a week or so.

He then had to get the car back to them.

Can't blame CarGiant for the car blowing up, but I think he found it hard work getting satisfaction, although he did get a refund in the end.

Flyboy152

bigjl wrote: »

The Met have a completely different pension to the NHS, there are aso to different pensions in the NHS, one that doesn't have an automatic lump sum.

I take it you are familiar with the term "wind up", I don't need you to tell me how much my pension is going to be annually thanks, but just so you know, it is a 1/80th scheme, take my pensionable pay (best of the last three years) divide by 80 and multiply by number of years membership, the lump sum, tax free, is 3 times annual pension or you can increase it by sacrificing some annual pension in the ratio £1 AP for £12 Extra Lump sum.

I think you will find that £405 a month buys you a 40 yr pension in 30 years actually.

Actually, it's a 1/60 scheme, with an automatic commutation equivalent to 3/80, reducing the pension payable to 1/80.

Flyboy152

Inactive wrote: »

Stick to facts, the last car on this planet that I would buy would be a Renault, the last place that I would buy a car from would be Car Giant, with their add on charges for indemnity, paying cash and an over priced warranty.


You still haven't told us what the indemnity charge covers?

It pays for the fines imposed by the courts when trading standards prosecute them.

Flyboy152

bigjl wrote: »

Yes I have, read my posts properly, it partly pays for the HPi check, though it is now called an administration fee, so I would assume it is just a way of making the sticker price lower, there may be a legal reason for charging it seperately. But I assume it is there to pay for "administration". You also pay a similar fee when you buy from an auction, it is normally added onto your buyers fee.

An "indemnity fee" would suggest that it indemnifies them against something. I don't think HPI or administration is a risk that is indemnifiable.

You are aware if the legal consequences of paying for car with a large lump of cash, of course you do, you know everything, one reason is to prevent money laundering and also to try encourage people to stop doing it, as it is risky for any business to have large amount of cash on the premises, you would know this if you had ever been to the CG site, I wouldn't walk along with several thousand in my pocket.

You seem to be labouring on the misapprehension that folk go around with wads load of cash in Tesco carrier bags, in order to avoid taking out finance when buying a car. Or are you just being facetious?

You are also forgetting that a warranty is only a mechanical failure insurance and the same company that CG use is used by a lot of other dealers.

You also seem to be unaware of how warranty funding works; best not to comment on things you know beggar all about.

You get more protection from the sale of goods act as you do any used car warranty.

A good warranty should cover a good deal more than SoGA.

I would rather save £2000 and keep it in the bank in case there are any problems.

I would rather buy a car from a business I can trust and that I know will sort out any problems, after the sales process has finished, rather than have to spend two thousand pounds of my own money putting it right myself.

Flyboy152

bigjl wrote: »

Nice one, funky, more cheap cars for the rest of us that would rather save a couple of thousand and have the small fee mentioned on the sticker.
Rather than other people that would rather spend a few thousand more because the same fee is included in the price and only shows on your final invoice, or prehaps they just don't mention it, after all there is the extra grand of profit there to pay it.


I think a lot of people need to realise that the only places I advocate buying from are Motorpoint, Fords of Winsford and CarGiant, the rest are just trying to make money off the big original three. AutoQuake, Trade sales and CarCraft are all well over priced and also charge the extra indemnity/admin fee. But don't actually sell cars at decent prices.

You can either buy there or not, I am not bothered, more savings for me and mine.

Legitimate dealers don't charge a fee to indemnify themselves against anything. You still have explained what they want the customer to indemnify the business against.

Flyboy152

NeverAgain wrote: »

bigjl,

There is an arrogant and condescending tone to your posts which means I am unable to take any of them seriously.

CarGiant, in common with every dealer, exists to extract as much money out of the customer as possible.

Out of fairness to them, I played down the negative experiences of customers who have spoken to me.

The cars I have seen at CarGiant do not seem very cheap, and much of the stock has done a lot of miles.

Cheapness is the only reason to buy from them, so why bother?

Rather then issue instructions to MSE members looking for a car, I would suggest they check what's available locally against what CarGiant has to offer.

Before deciding, factor in travel costs and possible bother if you have to take it back.

Trouble is NeverAgain, they won't accept it back, they tell their customers to take it to a main dealer, even though they know it is their responsibility.

Flyboy152

NeverAgain wrote: »

...I don't think that'll be a factor, I don't think Car Giant would do anything, they sell you an AA warranty for £200 or so, then you're off on your own...

Generally that may be true, but an acquaintance of mine bought a car from CarGiant which suffered a major mechanical failure within a week or so.

He then had to get the car back to them.

Can't blame CarGiant for the car blowing up, but I think he found it hard work getting satisfaction, although he did get a refund in the end.

Of course you can. If they haven't adequately inspected or prepared the car, it most certainly is their fault.

thenudeone

bigjl wrote: »

You get more protection from the sale of goods act as you do any used car warranty.

But only for faults which you can prove were present at the time of the sale.

Things go wrong with cars all the time and it can be very expensive to replace even a small part on a modern car. For example a fuel pump on a 6-year old Zafira costs £1700 for parts alone!

I know some people hate warranties but I have a MB&G warranties on two vehicles and they have paid for themselves at least twice over on one and 1½ times over on the other.

Having said that, there are some crap warranties out there!