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Another used car thread
DarkConvict
Posts: 6,347
Forumite
Hi,
I've very good with computers but not so good with cars, and see them very much as an A to B necessity rather than loving the car for the fun of driving. I have been a named driver under my moms insurance for driving to university, in agreement with the insurer.
The need has arisen to get my own car, getting a job so need to be policy holder. I'm 23 year old male, with 4 years (nearly 5) no accident driving, but 0 no claims on insurance as was only a named driver. Firstly I looked at insurance for ford fiesta, ka, fiat punto, Renault cilo, Peugoet 106, 206. etc. The standard cheap to insure cars. I average around £500 to £600. I care more about the car been cheap (MPG, road tax, repairs), rather than having high speeds or acceleration.
I will be driving to work, university, town, girlfriends all in the same small town. I will also need to do motorway driving from time to time, and "potentially" business usage. Estimated millage is 4000 per year. I considered taxis, but its no expensive and they are unavailable, all fully booked by school kids for school runs. Buses are cheaper but add nearly 2 hours onto computes per day due to the routes and multiple buses that have to be taken. I considered cycling, but know the route to work is not cyclist friendly. Few cycle paths and my co-worker was knocked off 4 times last year on a single stretch of road, but in fairness some cyclist are insane seeing some cars are stationary objects, but thats another story.
Now i have started looking at cars to buy. Been a university student for nearly 5 years, I look at the budget side of cars, like autotrader £1200-£2000 price range. This tend to be 2001-2003 cars with 80,000 miles on the clock. This is where I was happy to start. Also private cars of this age are less likely to be on a hidden logbook loan.
My mom got involved and started looking at dealers, and was looking at used cars from £3000-5000. Same sort of cars but aged at around 2005 with 40K-50K miles on the clock. Stating they are more reliable and cheaper in the long run. But in my opinion I see this as been false, these cars are all out of a warranty period. I see them just as likely to fail as the older cars.
My sister comes in and starts looking at £6000. At this price point, is it even worth considering used cars, why not go up to a new car and get a full warranty included... I know cars are a big purchase, given it cost more than my hobby and work tools, my PC
Where are your thoughts on all this.
Feel free to post suggestions of cars to buy as well. I've been looking for several days now.
Also what do you really look for in a used car. The only questions i really know are checking for last service, time left on MOT, how many previous owners, any repairs, check for exterior rust etc. That is about as far as I can go on checking a car is okay.
I've very good with computers but not so good with cars, and see them very much as an A to B necessity rather than loving the car for the fun of driving. I have been a named driver under my moms insurance for driving to university, in agreement with the insurer.
The need has arisen to get my own car, getting a job so need to be policy holder. I'm 23 year old male, with 4 years (nearly 5) no accident driving, but 0 no claims on insurance as was only a named driver. Firstly I looked at insurance for ford fiesta, ka, fiat punto, Renault cilo, Peugoet 106, 206. etc. The standard cheap to insure cars. I average around £500 to £600. I care more about the car been cheap (MPG, road tax, repairs), rather than having high speeds or acceleration.
I will be driving to work, university, town, girlfriends all in the same small town. I will also need to do motorway driving from time to time, and "potentially" business usage. Estimated millage is 4000 per year. I considered taxis, but its no expensive and they are unavailable, all fully booked by school kids for school runs. Buses are cheaper but add nearly 2 hours onto computes per day due to the routes and multiple buses that have to be taken. I considered cycling, but know the route to work is not cyclist friendly. Few cycle paths and my co-worker was knocked off 4 times last year on a single stretch of road, but in fairness some cyclist are insane seeing some cars are stationary objects, but thats another story.
Now i have started looking at cars to buy. Been a university student for nearly 5 years, I look at the budget side of cars, like autotrader £1200-£2000 price range. This tend to be 2001-2003 cars with 80,000 miles on the clock. This is where I was happy to start. Also private cars of this age are less likely to be on a hidden logbook loan.
My mom got involved and started looking at dealers, and was looking at used cars from £3000-5000. Same sort of cars but aged at around 2005 with 40K-50K miles on the clock. Stating they are more reliable and cheaper in the long run. But in my opinion I see this as been false, these cars are all out of a warranty period. I see them just as likely to fail as the older cars.
My sister comes in and starts looking at £6000. At this price point, is it even worth considering used cars, why not go up to a new car and get a full warranty included... I know cars are a big purchase, given it cost more than my hobby and work tools, my PC
Where are your thoughts on all this.
Feel free to post suggestions of cars to buy as well. I've been looking for several days now.
Also what do you really look for in a used car. The only questions i really know are checking for last service, time left on MOT, how many previous owners, any repairs, check for exterior rust etc. That is about as far as I can go on checking a car is okay.
Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
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Comments
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swings and roundabouts with cars im affraid, it is a false econemy to belive that a car with lower mileage and a year or two younger is more reliable its a car out of manufacturers warranty, purchasing a car is no easy feat. HPi check for history and any outstanding finance, if your not that savvy with cars and are seriously interested in one particular car, get it rac or aa inspected the dealer should have no problems or objections in allowing access to the car for them to carry one out if they do then walk away. i strongly suspect that your mileage will increase to more than just 4k a year, if you intend using for business then you will need business or commuting on your policy, haggle politly and dont offer silly offers for cash for e.g screen price is 2995 and you give a silly offer of 1700. whatever your budget is its never going to be a budget, insurance fuel wear and tear unexpected breakdowns and parts all have to be factired into your running costs, if doing low mileage then avoid deisel cars that has a DPF fitted to it they just increase wear and tear budgets when they get low on elloys fluid that includes pugs and citroens deisels.
dont spend MORE than you can afford on a car if your budget is set then dont go over board because others say this and that going from a reletivly small budget to 6k.
a cheap run around can give you a good 2-4 years worth of driving if maintained properly saving the penny to turn into pounds during that time caould give you a door to newer car, so something to work to rather than struggle with.0 -
I was fed up with used cars and the running costs of the large petrol hatch I had so bought brand new.
2011 '11' Kia Picanto 1.0 1 - £5550 OTR with Kia Access finance contribution. £75.14pcm with a £1100 deposit.
Absolutely ideal for the kind of driving you describe really. 7 year warranty if I do decide to keep it past 3 years when the final payment is due (probably not...)0 -
The business usage is actually going to be very limited, probably still driving around the same town. For the work i would be doing I don't need to see people, the mileage is too and from training courses which is probably only 4 times a year. I won't be driving people around, or visiting sites as I am 99% office based.
The budget is hard to define, when my dad passed away all the kids were gifted £10,000. i saved that money for the last 7 years in premium bonds and have done okay in returns. My brother brought a house, and my sister brought a mini cooper. I know the budget is small, I would say an average is probably £14-£20000. Given that is a years salary it seems insane amount of money. For just over £6000 you can get a brand new kia with 7 year warranty.
My feeling was to keep away from diesel given the town driving the mini cooper only does 25mpg, i don't assume other cars really do any better. Cost would be about £50 a month (250 miles) in the mini for the driving i do, at current fuel prices.
I do wonder whether a new but cheap car is an investment rather than buying an older car and repairing it as it goes on. A new car has warranty and 3 years MOT. There are horror stories of cars pre-2000 costing more to repair than to buy.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
There's no doubt you'd be able to drive something more interesting/well equipped if you bought used, but a lot of superminis don't make much sense at 3 years old IMO.0
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I'm lucky interesting and well equipped is not my concern.
What do you mean bybut a lot of superminis don't make much sense at 3 years old IMO.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
DarkConvict wrote: »
What do you mean by
I mean that the price they can retail for at 3-4 years old compared with new means you'd be daft to buy 2nd hand:
http://cgi.ebay.co.uk/2007-57-Reg-KIA-Picanto-1-0-GS-/400134143764?pt=Automobiles_UK&hash=item5d29da7f14
£4k for a nearly 4 year old car with no warranty0 -
Ah, I agree with that. Which is why when people were saying spend £4k+, i did think they not goto £6k and make a longer term investment.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
DarkConvict, I suggest you visit an insurance broker. There are several companies who will accept driving history as a named driver as part evidence of no claims.The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0
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Thanks for the tip FlyBoy.
I look at the Kia Picanto today. Best price I could get without part exchange was £7075 OTR. Which pushes my budget harder, certainly not impossible but wondering if a used car from say Arnold Clark is better now.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
DarkConvict wrote: »Thanks for the tip FlyBoy.
I look at the Kia Picanto today. Best price I could get without part exchange was £7075 OTR. Which pushes my budget harder, certainly not impossible but wondering if a used car from say Arnold Clark is better now.
That's a horrendous price - Arnold Clark Kia - £6050 OTR (sticker price £5995)
Even Kia themselves are advertising it as £6670 OTR.
Not only that but 2 dealers near me offered it at £6495!
...... you have a PM
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