About To Buy My First Car!

KellyKoo

So, I have found a car I love, took it for a test drive and it pretty much ticks all the boxes I am looking for!


I have a few questions as a novice and first time buyer.


I am buying from a main dealership, the car is 5 years old. Currently has 27,000 miles.


It comes with:


12 month warranty
12 month roadside assistance
7 days drive away insurance
A full check list of things, standard checks etc.


It's recently had an MOT, the only advisory notice on this was about front brake pads were a little worn, however dealership said, depending on how worn these might be replaced by them as standard.


The car is £5600, and I want to haggle on the price, What's Car valuation tells me the dealer price should be £5060. Ideally I would love to get the car for £5100


Any tips on going about this will be ideal.


It will be a cash purchase, (debit card) I heard I should part pay on a Credit Card to protect me, can someone tell me how that works?


There are extras to add, such as mats and £20 worth of fuel for an extra £60, is this good value. Looking at mats on eBay I can buy some for £20 but the last lot I bought on eBay for someone else didn't last a year, they were poor quality.


I also think the front window wipers need replacing soon, since whilst driving on a test drive today they didn't really clear the windows well. I am told these are fairly cheap to replace.


I've had an insurance quote, which is going to be £2500 (as a new driver, 30+ age), most quotes I am getting are around that. Can I haggle the price with insurance?


As you can see I am really new to all this.


Any advice greatly received.

BeenThroughItAll

Would be helpful to know what the car is, and the dealership. The mats and fuel thing makes it sound a lot like Arnold Clark or similar.

foxy-stoat

You can only haggle at the dealer, they may say yes, no or throw in some mats.

£20 for mats and £20 for fuel = £40 - do this yourself.

Wiper blades are £15-£30 dependin on what car it is. Dont get the cheap Halfords ones, and fit them yourself.

You can haggle with insurance brokers at this level, they may say yes, no or throw in some legal cover for free. Try adding a Mother or Father or someone else to the quotation, it may reduce the premium a bit.

Good lucks.

daveyjp

Check the service records. Its easy for someone running a low mileage car not to bother, especially when the warranty has expired. You need evidence that it has been done.

Check the front brakes yourself. Low mileage can cause disks to rust due to lack of use.

KellyKoo

BeenThroughItAll wrote: »

Would be helpful to know what the car is, and the dealership. The mats and fuel thing makes it sound a lot like Arnold Clark or similar.

It's not Arnold Clark! It's the car dealer / maker of the car I am buying from.

KellyKoo

daveyjp wrote: »

Check the service records. Its easy for someone running a low mileage car not to bother, especially when the warranty has expired. You need evidence that it has been done.

Check the front brakes yourself. Low mileage can cause disks to rust due to lack of use.

Will do, thanks!

KellyKoo

foxy-stoat wrote: »

You can only haggle at the dealer, they may say yes, no or throw in some mats.

£20 for mats and £20 for fuel = £40 - do this yourself.

Wiper blades are £15-£30 dependin on what car it is. Dont get the cheap Halfords ones, and fit them yourself.

You can haggle with insurance brokers at this level, they may say yes, no or throw in some legal cover for free. Try adding a Mother or Father or someone else to the quotation, it may reduce the premium a bit.

Good lucks.

That's a good idea, so I could put my dad on the insurance...

KellyKoo

Aviva have just quoted me £7008 - !!!!!!! I know insurance was expensive but this is taking the wee wee! And that quote I did not declare an accident (more below on that!)


Churchill, adding my dad to the insurance was £4500!


Accident... I damaged my dad's car recently, made a claim on his insurance as a named driver. No other cars / people / animal were involved, just a small fence, but car needed new door skin. I guess I have to declare this when getting insurance quotes.


I am beginning to think I will stick to the bus.


The car I am trying to get quotes for is a Hyundai i10, Automatic, 1.2

walwyn1978

You said it's a cash purchase - does that mean you can afford to buy outright? If so and the company offers finance, you may find there is more haggle room if you take finance because they stand to make more money from the interest payments so will knock more off the car.

First, check there's no early settlement fee. If there isn't, put some/most of the payment down as a finance agreement, then pay the balance a week later with the money you didn't use for the purchase due to the finance. You can do this simply by ringing the finance company and doing it over the phone, or send a cheque/do a bank transfer. All totally legal and above board.

The dealership are happy because they make money selling finance packages. You've paid what you would otherwise have paid but hopefully got a better deal in terms of final price.

Obviously if there is early settlement fees don't do this...

KellyKoo

walwyn1978 wrote: »

You said it's a cash purchase - does that mean you can afford to buy outright? If so and the company offers finance, you may find there is more haggle room if you take finance because they stand to make more money from the interest payments so will knock more off the car.

First, check there's no early settlement fee. If there isn't, put some/most of the payment down as a finance agreement, then pay the balance a week later with the money you didn't use for the purchase due to the finance. You can do this simply by ringing the finance company and doing it over the phone, or send a cheque/do a bank transfer. All totally legal and above board.

The dealership are happy because they make money selling finance packages. You've paid what you would otherwise have paid but hopefully got a better deal in terms of final price.

Obviously if there is early settlement fees don't do this...

I won't get finance, I am convinced I won't, just come out of a DRO last month. A relative is lending the majority of the money via a personal loan, which I am paying back. We did think about them getting finance for me, since they have a better credit rating than me, with some credit history, although they are retired they have a good income.


Just got another insurance quote for over £4500, I think I am being priced out the market! Almost wishing I've never learned to drive!

Hintza

You can buy a new Panda for £1k more!