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Does this sound like a good deal?

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Comments

  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Daniyella wrote: »
    But its from a Nissan dealership so comes with 2 years warranty, RAC cover, Free MOT's for life, £40 of free fuel

    It sounds like you are convincing yourself it's a good deal, if a new one is £24K then I would go for the new one at the little bit more, free MOT??? Here is the con, the test is free, but you can bet your bottom dollar they will find expensive things to do on it, which will soon soak up that £50 test fee.
  • bsms1147
    bsms1147 Posts: 2,276 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Seems like a very expensive way of buying car.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    You could lease one for less than £200/month 3+35 and 10,000 miles.
  • Amount financed £14600

    That doesn't sound like a good deal however you want to flower it up.

    Does nobody save up and buy a car any more, no wonder theres so many people in financial trouble.

    You may not want to read or consider this if it isn't what you want to hear, but you do not save money by spending more than you can afford to buy outright.

    If you want a newer car and don't mind paying through the nose for it then by all means do it, and you sound like you've convinced yourself, but it isn't and never will be a good deal.
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Amount financed £14600

    That doesn't sound like a good deal however you want to flower it up.

    Does nobody save up and buy a car any more, no wonder theres so many people in financial trouble.

    You may not want to read or consider this if it isn't what you want to hear, but you do not save money by spending more than you can afford to buy outright.

    If you want a newer car and don't mind paying through the nose for it then by all means do it, and you sound like you've convinced yourself, but it isn't and never will be a good deal.

    I do, the last 3 cars I have had and I have a new one on order.
  • GAZ237
    GAZ237 Posts: 403 Forumite
    Daniyella wrote: »
    But its from a Nissan dealership so comes with 2 years warranty, RAC cover, Free MOT's for life, £40 of free fuel

    At the end of the day buying on finance is never going to be a good deal.

    The fact you have £1600 negative equity makes it look worse.

    If its what you want and are happy with the repayments, then go for it and enjoy your new car.
  • GAZ237
    GAZ237 Posts: 403 Forumite
    DUTR wrote: »
    I do, the last 3 cars I have had and I have a new one on order.

    Go on. Put a picture up. You know you want to.
  • rs65
    rs65 Posts: 5,682 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    What type of finance is your current car on - and how close are you to the end of it?
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    GAZ237 wrote: »
    Go on. Put a picture up. You know you want to.

    Heh heh, If I was getting a Nissan then I may, but as you know or may have guessed, it will be yet another tatty Golf :o
  • DUTR wrote: »
    Heh heh, If I was getting a Nissan then I may, but as you know or may have guessed, it will be yet another tatty Golf :o


    Not buying new then?;)
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