Kia car purchase - advised to take finance instead of cash purchase!

Clive_Woody

Out of curiosity, does the 14 day window start from signing the finance agreement or from receiving the car? Unless it's a stock car I assume it's going to take weeks to build before it's delivered.

pjcox2005

I did the same and took PCP as the additional saving was more than the interest. Admittedly waited 6 months but didn't need to do that long, called up and paid it off over the phone. Really simple process with confirmation statements in the post the next day.

iolanthe07

Unless it's a stock car I assume it's going to take weeks to build before it's delivered.

I have been told 10 - 12 weeks delivery, and I understand that the finance deal is from the date of delivery. This is for an automatic 1.4 litre Rio 3. (yes I know the new 1.0 litre engine is better, but my wife won't drive a manual).

System

Just out of interest, how much would a 12 month old one be? There's several 2017 models with less than 5,000 miles on Ebay from dealerships for £11,000 or less, a handful are £9999. Somehow I expect that is a few grand less than the new price less the dealer/manufacturer contributions.

iolanthe07

Tarambor wrote: »

Just out of interest, how much would a 12 month old one be? There's several 2017 models with less than 5,000 miles on Ebay from dealerships for £11,000 or less, a handful are £9999. Somehow I expect that is a few grand less than the new price less the dealer/manufacturer contributions.

Yes, but owning a brand new car from scratch is unbeatable, imho. Plus, you get the model, colour and extras that you want, not what someone else wanted.

smithers1981

Try Carwow

pjcox2005

Second using Carwow website for new car purchases. They'll get quotes from all Kia dealers if you give specfics of what you want and can give large savings - presumably as they look to reach targets etc.

iolanthe07

smithers1981 wrote: »

Try Carwow

I tried Carwow and they were very helpful, but my local dealer matched the best Carwow offer when I showed it to her. Some of the Carwow offers were hundreds of miles away, and there is a lot to be said for buying a new car from a local dealer.

photome

Tarambor wrote: »

Does it have to be new? The best bargains are the 2 year old ones where some other sucker has paid for the biggest chunk of depreciation.

That depends on the discount you can get on a new "stock" car they can be cheaper than used

pjcox2005

iolanthe07 wrote: »

I tried Carwow and they were very helpful, but my local dealer matched the best Carwow offer when I showed it to her. Some of the Carwow offers were hundreds of miles away, and there is a lot to be said for buying a new car from a local dealer.

There are, but worth doing to get a quote for local dealer to match if they've said they've already given their "lowest" offer.