Your Bangernomics successes

Rolandtheroadie

I'd suspect the time Top Gear got a car for £1 was when scrap was down.
Probably about the time my local breaker was telling me that i could leave it if I wanted but I wasnt getting paid for it.
Used to get cars for free in the small ads then too.

sun-n-moon

I'm about to scrap my Mondeo Ghia X estate. Mot is due. The sills will not pass due to rust. Looks like the exhaust will not last too long, plus surface rust underneath the back end. Beautiful car and has been totally reliable, everything still works. Paid £600 5 years ago for it and its quoted £187 for scrap.
I'm now looking at a Yaris or Corolla for under £800 as I don't do the mileage any more and kids have flown. Cheaper tax and running costs are the attraction.
I've seen a very clean 97 Corolla for £490 from a dealer, which is tempting. Anybody got any pitfalls I should look out for on these Jap cars? For example are the early Corollas better then the newer ones?
Cheers.

westwood68

My friend has a 1998 petrol Corolla with 180,000 miles on it that refuses to die. He doesn't thrash it but isn't really that fastidious either so they can reach those levels.

Not sure if that's a one off though

Re: buying cheap trade-ins....I guess the liability thing is the clincher; I did feel it wouldn't be a goer these days but all info is welcome where MS is concerned.

Just seen a nice fully loaded Omega on 147,000 for £450 with a full ticket. I really don't need it but leather and cruise control would be nice. If only to say 'look what I got for £450'!

[Deleted User]

If a dealer won't sell an old trade in for a few pounds because of possible future liabilities, could you not sign to say that you won't return it under SOGA if it blows up? Like a trade sale?

I wouldn't mind an old Volvo for a £1 either.

Rolandtheroadie

Deleted_User wrote: »

If a dealer won't sell an old trade in for a few pounds because of possible future liabilities, could you not sign to say that you won't return it under SOGA if it blows up? Like a trade sale?

I wouldn't mind an old Volvo for a £1 either.

Sure I seen traders on ebay selling older cars with MOT and tax as spares or repairs and no real faults listed.
Think that was an attempt to get round the SOGA, dont know if it works or not though.

colino

There isn't a way round SOGA. "Spares or repairs": "Sold as Seen"; "Trade Sale Only"; "No Refunds" have something in common. They are all specifically banned in OFT guidance for sale to consumers, and any bomb-site trader wanting that level of cars will be as much grief as a chipping private buyer.

System

surely if you buy a car for £1 then the dealer would only have to refund that amount under the soga? i.e. full refund

motorguy

colino wrote: »

There isn't a way round SOGA. "Spares or repairs": "Sold as Seen"; "Trade Sale Only"; "No Refunds" have something in common. They are all specifically banned in OFT guidance for sale to consumers, and any bomb-site trader wanting that level of cars will be as much grief as a chipping private buyer.

A trader CAN sell a retail customer a car listed as spares or repairs, providing both sides agree that is a true representation of the car. If i sell someone a £300 Golf with a weeks MOT for 'spares or repairs', then its very likely that it is going to need money spent on it and is a fair representation of the car under the SOGA.

You're correct with the other three though.

The variance to the above is 'no warranty implied or given'. I often write this on the invoice of older cars and draw the buyers attention to this before they sign - i will quite happily (and am legally obliged to) warrant the condition of any car i sell, however i do not legally have to provide a warranty.

motorguy

the_r_sole wrote: »

surely if you buy a car for £1 then the dealer would only have to refund that amount under the soga? i.e. full refund

Correct.

I generally find that the morons who come back with a "complaint" about some car that was otherwise going to the scrapyard, its easiest just to refund rather than have them huff and puff about how they have 'rights'.

Plus, once the buyer has 'accepted' the car (which legally could be several weeks) its down to the seller as to which of repair, replace or refund they decide to do, not the customer, assuming they believe the 'fault' to be within their remit.

colino

No Motorguy, I actually have to comply with the law and those four specific phrases which are used to circumvent consumer law are quoted in our OFT guidance that cannot be used. Even if you add the phrase, and I quote, "this does not affect your statutory rights", you are contravening the law.