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Buying car advice
VooDooChilly
Posts: 7 Forumite
in Motoring
I'm suffering from a major quandary about getting a car and am finding the decision between two cars difficult.
Option 1:
Hyundai I30 comfort 1.4 petrol 59 reg 28,000 miles
List price: £6490
£1600 part exchange for my current car
And my parents have offered to lend me £4890 to pay the rest off but paying them back as if it was a finance deal with a much better interest rate of £95 pm for 5 years.
Manufacturers Warrenty until November this year then 2 year dealer warranty on top.
Option 2:
Seat Ibiza Toca 1.4 petrol brand new
£1500 part exchange for my current car
£500 deposit
PCP purchase arrangement of £119 pm
With my annual mileage of 15,000 and the usual pcp options eg. Pay off the remainder of the 4400 after 3 years and keep the car/trade the car back for the remainder value and a bit on top to use as a deposit for a new car back on the PCP scheme.
In really stuck on which is the best option and starting to lose the plot thinking about it as I know prey much nothing about cars.
Option 1:
Hyundai I30 comfort 1.4 petrol 59 reg 28,000 miles
List price: £6490
£1600 part exchange for my current car
And my parents have offered to lend me £4890 to pay the rest off but paying them back as if it was a finance deal with a much better interest rate of £95 pm for 5 years.
Manufacturers Warrenty until November this year then 2 year dealer warranty on top.
Option 2:
Seat Ibiza Toca 1.4 petrol brand new
£1500 part exchange for my current car
£500 deposit
PCP purchase arrangement of £119 pm
With my annual mileage of 15,000 and the usual pcp options eg. Pay off the remainder of the 4400 after 3 years and keep the car/trade the car back for the remainder value and a bit on top to use as a deposit for a new car back on the PCP scheme.
In really stuck on which is the best option and starting to lose the plot thinking about it as I know prey much nothing about cars.
0
Comments
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Well the Hyundai is around £12-£1500 overpriced and at £6500 you should be looking at 2011 60 plate with around the same mileage and even lower.0
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