Section 75 & used cars

amstel2

Hello

I am looking to buy a cheap used car to tide me over for a couple of years until i can afford something better. Looking to spend a thousand tops & realise anything i get will be 10-12 years old with high mileage.

I will get the car checked over first. My plan is to use a cc & pay it off when the bill comes in. If i use a cc will i still be covered by Section 75 & how does the cover work in relation to buying old cars.

Thanks

Warwick_Hunt

For £1000 you maybe better buying private.

BeenThroughItAll

I'd agree with the above but would say

For £1000 you'd be mad not to buy private.

AdrianC

No-brainer to buy privately at that end of the market.

All consumer protection legislation caveats used goods with reasonable expectations - and reasonable expectations for a grand's worth of used car are very, VERY low.

forgotmyname

£1000 from a trader will in the £400 trade in region.

Your section 75 wont get you far. Its a cheap old banger and you have the right to get a cheap old banger.
Spend less and buy yourself a toolkit your going to need it.

amstel2

forgotmyname wrote: »

£1000 from a trader will in the £400 trade in region.

Your section 75 wont get you far. Its a cheap old banger and you have the right to get a cheap old banger.
Spend less and buy yourself a toolkit your going to need it.

Totally take your point about the toolkit but the alternative is no car at all for 2 years.

I have read various motoring forums & the opinions are there are some good cars out there for a grand if you go in with your eyes open. Granted it’s going to be a least 10-12 years old with high mileage but the owner of garage I always use for servicing/repairs reckons he can source a decent one from his trade contacts & he will check it over for me first. So I think in the circumstances it’s worth taking a chance.

Thanks

BeenThroughItAll

amstel2 wrote: »

Totally take your point about the toolkit but the alternative is no car at all for 2 years.

I have read various motoring forums & the opinions are there are some good cars out there for a grand if you go in with your eyes open. Granted it’s going to be a least 10-12 years old with high mileage but the owner of garage I always use for servicing/repairs reckons he can source a decent one from his trade contacts & he will check it over for me first. So I think in the circumstances it’s worth taking a chance.

Thanks

So you're thinking it's a good deal to involve two different traders in the purchase, each of whom will want to make a few quid?


You're going to be right at the bargain basement end of the £200 shitter market doing that.

IamNotAllowedToUseMyName

My take as the previous owner of a 14 year old car, is that generally, if someone is happy driving a 14 year old car, then there is a reason they have given up driving a 14 year old car. With me, I'd had it from new and was very happy that it still behaved like new, but it was worth £250 and I could not risk another £600 bill to keep it going, that was money to go into a replacement car. The running costs for the last two years were significant, but as it was an old friend I didn't mind, and not a lot different from the costs of replacing the car anyway - it just gets to the point where it dawns that rather than repairing an old car you can pay off against a newer car without faults.

I checked on DVLA, and sure enough, it didn't get taxed the following year, so lasted about 9 months (but must have been re-taxed so someone bought it).

You need to set a budget for the car and a limit for how much you are prepared to fix it. Know when to hold 'em, know when to fold 'em, know when to walk away, know where to run.

Your mate in the garage can avoid you buying an obvious con, but he can't predict that the car will be trouble free. As long as you have a strategy for if things go wrong, you'll be ok, lots of people run old cars without spending an arm and a leg, but it is a risk.

amstel2

Forgot to add one of the other reasons I want to get another car rather than wait is the NCD on my insurance.

My current protected NCD with my my most recent insurer LV (been with them for years) was 9+ years on my most recent renewal. Although in reality I haven’t claimed in about 20 years but I believer 9 years is the most the insurance providers give you. LV told me if I don’t insure another car straight away my NCD will expire after 2 years. Although they didn’t specify what happens if I leave it longer than this e.g. going back to square 1 to build up another NCD. I am going to contact them about this.