Bought a faulty used car :(

Johnnytwostep

gary_jules wrote: »

Ermmm because BMW's are in the higher end market? Anything above that we're going into super car Lambo/Porsche/Ferrari territory.

ermmmm, ok if you think so.

gary_jules

Johnnytwostep wrote: »

ermmmm, ok if you think so.

So what do you think constitutes as 'high end'? For the general public, BMWs are in the higher end market segment as is Merc, Audi and Lexus

Johnnytwostep

gary_jules wrote: »

So what do you think constitutes as 'high end'? For the general public, BMWs are in the higher end market segment as is Merc, Audi and Lexus

Higher end, lots of cars;

Toyota Yaris
basic audi with a fake S-Line sticker
noddy car
the one the Flinstones drive with their feet

jaydeeuk1

Its a BMW out of warranty, and sooner or later it will throw up expensive repairs. Take it back, and get a car you can afford to run. Like a Yaris.

gary_jules

jaydeeuk1 wrote: »

Its a BMW out of warranty, and sooner or later it will throw up expensive repairs. Take it back, and get a car you can afford to run. Like a Yaris.

Exactly OP. It's bad enough you had to finance the car. Get a Yaris or a TDI like me

BeenThroughItAll

gary_jules wrote: »

Exactly OP. It's bad enough you had to finance the car. Get a Yaris or a TDI like me

Yeah, definitely don't pretend you've got an M3 on lease or a Lexus that you haven't actually bought, or a Corolla.

BMWWN

Thanks for those who have posted useful contributions. As for those droning on about affordability, if you require a full financial breakdown then that's fine.

For the record I earn a little over 40k so running this vehicle is not an affordability concern. What I am concerned about is the repair and which obligations lie where. In addition, the car was only partially financed to plug 'the gap' between a part ex and cash element of the sale. This was done privately with a very preferable rate (3.9% APR) and is costing me practically nothing over the short period it is financed for.

I hope you enjoy your Yaris.


Thanks again to those who have provided guidance I'll aim to keep you updated as we go along.

arcon5

gary_jules wrote: »

Exactly OP. It's bad enough you had to finance the car. Get a Yaris or a TDI like me

Id ignore stupid comments like this.
If op wants a nicer car on an affordable finance plan then that's up to him - not everybody wants a !!!!py little car like you do just so they can sit on their high horse telling everybody 'i've never had a credit card or loan in my life' ooh la la.

Nodding_Donkey

BMWWN wrote: »

The car came with a 3 month 'RAC PlatinumWarranty' which has a claim limit of£300 so essentially useless for this problem which would cost around £800 to fix.

Forget the warranty. Your claim is against the retailer (SOGA) and failing that the finance company (Section 75)


If the warranty company will pick up part of the tab (very unlikely) then that is the dealers good fortune.

gary_jules

BMWWN wrote: »

Thanks for those who have posted useful contributions. As for those droning on about affordability, if you require a full financial breakdown then that's fine.

For the record I earn a little over 40k so running this vehicle is not an affordability concern. What I am concerned about is the repair and which obligations lie where. In addition, the car was only partially financed to plug 'the gap' between a part ex and cash element of the sale. This was done privately with a very preferable rate (3.9% APR) and is costing me practically nothing over the short period it is financed for.

I hope you enjoy your Yaris.


Thanks again to those who have provided guidance I'll aim to keep you updated as we go along.

And I hope you enjoy your 4 pot entry level BMW. I hope it is at least not minimum spec inside. Please tell me you have I-drive and leather seats at least.