Old Banger vs Used Finance?

Herzlos

Have a look at https://www.honestjohn.co.uk/real-mpg/ to get an idea of how much fuel cars are using in the real world, rather than the manufacturers figures. Also get a quote for a set of reasonable tyres for the car, as you'll probably need to change them every 3 or 4 years.


For business mileage, you need to add business to your insurance (more £££'s) but you can normally get some allowance from work for the car, or claim 45p/mile in expenses (to cover fuel, depreciation, insurance, tyres, maintenance, etc).
If they are currently paying your train fares to visit customers, then they should be willing to pay for a rental car instead (it's usually cheaper and a bit easier to account for that using your own). Doing that is a lot cleaner for you - you can get any car you want, you don't need to pay more for business cover, it's insured separately, and it's going to be essentially new and pristine. It may spoil your banger though as manufacturers seem to have really upped the game in the last few years.

davidwood681 wrote: »

Complete waste of money.

Pay the money to a trusted or recommended mechanic who has more realistic expectations of a used car

I think he's talking about breakdown cover, not a purchase report. A local/trusted mechanic is no good if you break down 100 miles down the road.

ginashamz

Student_debt_Hype wrote: »

There is also the added (but MUCH less important) factor of 'appearances', while we aren't a suit and tie company, client expectations of us are a large part of acquiring and maintaining them (I work for a UX development company). My collegues drive new fords and VW's, my boss drives a BMW, this is all part of the client 'coffee table talk'. And this isn't a case of envy (at least I don't think so!) it's more of a 'our clients are snooty !!!! holes and this banger could affected their judgement of the company', nothing to do with anything in the company itself!

I find this quite humorous. Middle managers talking about their euro box diesels. You're still young kid and if you don't mind me saying quite naïve being a graduate entering the 'real' world. No one cares what you drive as long as its not diabolically bad i.e. a riced out Honda Jazz with an aftermarket F1 spoiler.


You want a car that's in banger price territory, looks good and a car for your middle managers to talk about around the coffee table? I suggest the Mazda RX8 231hp edition. Will blow the water with their diesel euro boxes.

James2k

hes back! praise be.

also your car is nowhere near 231bhp, they never were. not on a real dyno.

System

Student_debt_Hype wrote: »

But I'm coming up to 25 with a job I travel for a lot, mostly local commuting and meetings but with some 100+ miles further afield (once every month maybe), this is one of the reasons I pushed to pass now! I want something reliable and not going to give me anxiety half way down the M1, preferably!

No idea why an older well maintained car wouldn't do that. My previous car had 168,000 miles on when I sold it, managed 17,000 miles a year without breaking down and I did nothing more than check oil, water, tyre pressures before going off on my annual 2000 mile round trip weekly holiday to France.

Current Mondeo is on 135,000 miles and is the same as the above.

Wife had a BMW525 with almost 200,000 miles on and it could do the same.

ginashamz

James2k wrote: »

hes back! praise be.

also your car is nowhere near 231bhp, they never were. not on a real dyno.

231hp or not it still does 0-60 in about 6 seconds. Faster than 95% of the cars on the road.


Oh and lets not forget the all important round abouts and twists and turns. Leaves even the bigger 3 litre diesel Audi/Mercs in the dust.

MovingForwards

Yes, I meant breakdown cover not them looking over it before buying as that is a waste of money!

davidwood681

Herzlos wrote: »

Have a look at https://www.honestjohn.co.uk/real-mpg/ to get an idea of how much fuel cars are using in the real world, rather than the manufacturers figures. Also get a quote for a set of reasonable tyres for the car, as you'll probably need to change them every 3 or 4 years.


For business mileage, you need to add business to your insurance (more £££'s) but you can normally get some allowance from work for the car, or claim 45p/mile in expenses (to cover fuel, depreciation, insurance, tyres, maintenance, etc).
If they are currently paying your train fares to visit customers, then they should be willing to pay for a rental car instead (it's usually cheaper and a bit easier to account for that using your own). Doing that is a lot cleaner for you - you can get any car you want, you don't need to pay more for business cover, it's insured separately, and it's going to be essentially new and pristine. It may spoil your banger though as manufacturers seem to have really upped the game in the last few years.








I think he's talking about breakdown cover, not a purchase report. A local/trusted mechanic is no good if you break down 100 miles down the road.

Yep, my mistake.

Exile_geordie

http://www.desperateseller.co.uk/cheap-cars/bmw/under/3000

CarolK

My daughter, a 22 year old driver with 3 years NCB, has recently bought a car from an online used car provider



It came fully checked by a Mechanical Inspection Engineer and with a 3 year repair and maintenance agreement (cheaper MOT's, mechanical and bodywork repairs at reduced rates)


It was delivered to her home and came with a 30 day money back guarantee if she was unhappy


And, it was cheaper than anything on Autotrader!!



So far, so good (2 months, 1600 miles and no problems).

CarolK

That's an expensive site if they're desperate!!