The car I want is soon to be replaced - how to maximise savings?

LBUK_2

Hello,

I'm interested in buying a new Hyundai ix35 and apparently in September they are bringing out an updated range of compact SUV called Tucson which I think is intended to replace it.

My plan is to buy the car and drive it into the ground so not bothered by resale value.

Am I right in thinking that I should be able to get a really good deal on a new ix35?

The Tucson will likely be out of my price range, especially new, but is it risky to buy a soon to be discontinued range of car?

What is the best way to squeeze the dealer out of as much money as possible?

Oh, and I've seen discounts offered if you take up finance rather than buy up front. Why is that? I don't need finance and I'm under the impression you pay more over time than the actual value so what is really in it for me?

Thanks

DUTR

LBUK wrote: »

Hello,

I'm interested in buying a new Hyundai ix35 and apparently in September they are bringing out an updated range of compact SUV called Tucson which I think is intended to replace it.

My plan is to buy the car and drive it into the ground so not bothered by resale value.

Am I right in thinking that I should be able to get a really good deal on a new ix35?

The Tucson will likely be out of my price range, especially new, but is it risky to buy a soon to be discontinued range of car?

What is the best way to squeeze the dealer out of as much money as possible?

Oh, and I've seen discounts offered if you take up finance rather than buy up front. Why is that? I don't need finance and I'm under the impression you pay more over time than the actual value so what is really in it for me?

Thanks

For me I would only buy a new car of a new car, if it's end of line then the MFRS often throw in all sort of bits that they have left in the box. The car won't be valueless, so they are not going to give it to you for free, also as they have credit on their side, the level of discount given will be limited. Not sure why you feel the replacement maybe more expensive, it maybe cheaper, the Golf MK7 was cheaper than the MK6 it replaced.

gilbert_and_sullivan

You sound like the perfect internet car buyer, don't need finance, want it cheap, find yourself an itinerant seller such as Drive the Deal, job done.

Usually the final run of cars are the best you can buy, they often load all the goodies on to encourage the sales, severe drop in value following model replacement is the sting in the tail but that doesn't apply, so you win again.

Dealers offer discounts for finance because they make more out of that than they do selling the car.

My advice would be to service the car with a view to long life, half the recommended oil change intervals and make sure it gets fresh gearbox oil at sensible intervals, hose the salt from underneath during and after winter, and last but not least make sure someone services and lubes the brakes correctly and doesn't just peer through the wheel and squirt brake cleaner in the general direction of the calipers at service times.

Enjoy.

RichardD1970

DUTR wrote: »

For me I would only buy a new car of a new car, if it's end of line then the MFRS often throw in all sort of bits that they have left in the box. The car won't be valueless, so they are not going to give it to you for free, also as they have credit on their side, the level of discount given will be limited. Not sure why you feel the replacement maybe more expensive, it maybe cheaper, the Golf MK7 was cheaper than the MK6 it replaced.

Err, no.

Maybe in the bad old days of British Leyland etc, but not nowadays where everything is built to order and KANBAN and other similar systems are employed to keep the minimum stock of components.

DUTR

RichardD1970 wrote: »

Err, no.

Maybe in the bad old days of British Leyland etc, but not nowadays where everything is built to order and KANBAN and other similar systems are employed to keep the minimum stock of components.

Beg to differ, I know about the just in time delivery modelling, often it's only Golfs I look at, the MK6 GTI certainly had leather upholstery and some other bits in the latter part of the run, similar with the MK5.
Ford Focus may have been the same.

jellie

LBUK wrote: »

Oh, and I've seen discounts offered if you take up finance rather than buy up front. Why is that? I don't need finance and I'm under the impression you pay more over time than the actual value so what is really in it for me?Thanks

If you can get extra discount for taking finance, do it. Just make sure you then cancel the finance within 14 days. You'll have to pay the balance off in full plus a bit of interest for the time you've had their money, but you'll keep the discount.

If you don't cancel the finance within 14 days, it'll cost you more in interest charges. How much obviously depends on your APR etc.

AdrianC

If dealers have some In stock, there may be deals, but you can't be too picky over spec/colour.
No stock, no deal.

RichardD1970

DUTR wrote: »

Beg to differ, I know about the just in time delivery modelling, often it's only Golfs I look at, the MK6 GTI certainly had leather upholstery and some other bits in the latter part of the run, similar with the MK5.
Ford Focus may have been the same.

Sorry I thought you were implying that manufacturers would throw any old parts that they could find on the last few cars to clear the stock, regardless of the quality or suitability.