Buying New Car, Finace vs Outright

motorguy

fred990 wrote: »

Maybe over there but high £40's/ £50k here on autotrader for a two year old with miles and dings, £68k with ccb!! There's a Q plate for £35k that was a waterlogged write off! Could be a future classic that everyone wants....allegedly. Who cares anyway. Tote amazeballs thing to drive, surprisingly there's even better.

NI = UK. No difference there.

WBAC valuation on a 2017 car with 20K miles = £34,220. :eek:

THATS the trade price for one, and thats before they start chipping you back on the day.

Dealer priced retail cars have been below £40K however the cheapest currently is £42K and could probably be bought for a fraction over £40K. Sounds about right with a dealer expecting £5,000-7,000 markup on heavy metal like this.

motorguy

fred990 wrote: »

Ha ha, you're funny, although I don't think you intend to be.
My original post was on topic about cash vs debt but was deflected by someone else. Do try and keep up if not just stick to your pin thing.....:rotfl:

No one was talking about debt though - thats the point. The O/P wasnt, we werent. YOU brought it up.

Mercdriver

fred990 wrote: »

Ha ha, you're funny, although I don't think you intend to be.
My original post was on topic about cash vs debt but was deflected by someone else. Do try and keep up if not just stick to your pin thing.....:rotfl:

Here's a refresher on the actual question the OP asked. Debt is not in the least bit relevant to the post. It's actually quite a simple question overall. Others have been relevant because they have mentioned getting better deals with cash, but they have not talked about debt since the OP isn't intending to go into debt as if he gets finance to get the incentive, he is going to pay the finance off.

ezhiks wrote: »

I'm in the position to be able to buy a new car. I've only just started looking around and it seems that buying with finance gets a better price than buying outright


Can I use this to my advantage and buy with finance, then within a short time pay it off in full and avoid the finance charges?

motorguy

This doesnt seem to be going the way Fred had hoped....:rotfl:

fred990

motorguy wrote: »

Followed you around?? :rotfl:.

Yes creepily indeed you have. It's weird how you think you decide what is the benchmark for discussion. Maybe if I ever found the time or inclination (never!) to spend my life on the interweb I'd understand. 18 000 posts here:eek:, and many more elsewhere...:eek:
I'll leave you to argue with some other strangers on the internet for now with the odd fanboys joining in, some of what you post is useful, shame you have to spoil it by having to be the winner every time. It's tedious really, I'll go and enjoy some Italian exotica and the owners forum. Who set up Romains......aargh.

Mercdriver

Scooby.Doo wrote: »

Which weirdo started this?

https://forums.moneysavingexpert.com/discussion/5880789/car-enthusiasts-are-they-oddballs

I'm thinking of posting at 0243 just to please him lol

fred990

Mercdriver wrote: »

...?. if he gets finance to get the incentive, he is going to pay the finance off.

Whatever, finance is credit is debt. I could have done the same but the straight cash deal numbers were less in my case. I only gave an example of what was offered on the day having gone through the options. Typical of the MSE Operation Stargate experts to know better.

motorguy

fred990 wrote: »

Whatever, finance is credit is debt. I could have done the same but the straight cash deal numbers were less in my case. I only gave an example of what was offered on the day having gone through the options. Typical of the MSE Operation Stargate experts to know better.

Still very dismissive of the fact you were wrong in the first place about what was being asked i see?

And no, you didnt "only give an example". You came on with your usual abrasive smug attitude and the big I AM speech rather than anything actually helpful for the O/P, now you're playing the "poor oppressed me" card because you got burned for it by people who took exception to it and remember your posting history.

And given your arrogance you clearly cant back down from that position now.

Mercdriver

fred990 wrote: »

Whatever, finance is credit is debt. I could have done the same but the straight cash deal numbers were less in my case. I only gave an example of what was offered on the day having gone through the options. Typical of the MSE Operation Stargate experts to know better.

Theoretically, yes he would be briefly in debt until it is paid off. But, and it's a huge but,

your point wasn't theoretical, it was an attempt to preach.

fred990

Thanks that did make me laugh, looks like you might actually have a sense of humour after all?

motorguy wrote: »

You came on with your usual abrasive smug attitude and the big I AM .......and remember your posting history.
And given your arrogance....

Pot, kettle, black!