PCP

born_again

So looking at a total cost if you keep the 3 YO car of £40+ K.

3 years = £126 a month interest.
4 years = £122 a month interest.

Ouch.
So that car will be 6 years old when you have to pay the balance, with all the resulting issues..

£35K brand new.
https://www.autotrader.co.uk/car-details/202406271184846?sort=relevance&advertising-location=at_cars&make=Skoda&model=Karoq&postcode=ls212ay&year-from=new&fromsra

Jvnolan

born_again said:

So looking at a total cost if you keep the 3 YO car of £40+ K.

3 years = £126 a month interest.
4 years = £122 a month interest.

Ouch.
So that car will be 6 years old when you have to pay the balance, with all the resulting issues..

£35K brand new.
https://www.autotrader.co.uk/car-details/202406271184846?sort=relevance&advertising-location=at_cars&make=Skoda&model=Karoq&postcode=ls212ay&year-from=new&fromsra

born_again said:

So looking at a total cost if you keep the 3 YO car of £40+ K.

3 years = £126 a month interest.
4 years = £122 a month interest.

Ouch.
So that car will be 6 years old when you have to pay the balance, with all the resulting issues..

£35K brand new.
https://www.autotrader.co.uk/car-details/202406271184846?sort=relevance&advertising-location=at_cars&make=Skoda&model=Karoq&postcode=ls212ay&year-from=new&fromsra

That’s a Karoq on the link

On-the-coast

you've said "Lease are too high for this car."
but you're looking at spending  a lot of money on a depreciating asset - where leasing often makes  alot of sense.
Why the sport-line spec? that adds several hundred pounds to the monthly payment.
you also haven't said whether you're looking at 5 or 7 seat options.
Here's a leased (48m) deal on a Kodiak 1.5 petrol 7 seater with £1300 downpayment and £437/month. 10k miles pa.
There are cheaper options than that on a Kodiak
i didn't include maintenance... but that's less important on a new car... you'll probably only do 1 or 2 services and maybe a set of tyres.
if it depreciates lease it.
if it appreciates buy it! 
https://www.selectcarleasing.co.uk/car-leasing/skoda/kodiaq/estate/15-tsi-e-tec-se-l-5dr-dsg-7-seat?mileage=10000&term=48&initial_payment=3

WellKnownSid

There are cheaper deals for new... and maintenance will be less for a new car (tyres / brakes / etc).

Jvnolan

thanks all, note the above but many of the deals displayed are for a basic model of kodiaq. Granted I could opt for a lesser model but the sportline is the preferred which is high value when leasing. 

Arunmor

You need to decide on your priorities.  If you want the all singing dancing model it will cost you a lot more.  I would buy the 2.0 TDI before a 1.5TSI better mpg and a lot more torque especially on a big car like the kodiaq.

https://www.selectcarleasing.co.uk/car-leasing/skoda/kodiaq/estate?trim=&display_fueltype=Diesel&transmission=&sort_by=&term=

Jvnolan

Arunmor said:

You need to decide on your priorities.  If you want the all singing dancing model it will cost you a lot more.  I would buy the 2.0 TDI before a 1.5TSI better mpg and a lot more torque especially on a big car like the kodiaq.

https://www.selectcarleasing.co.uk/car-leasing/skoda/kodiaq/estate?trim=&display_fueltype=Diesel&transmission=&sort_by=&term=

Yes looking at Sportline. MPG good on the 1.5. 

Desmond_Hume

Jvnolan said:

Arunmor said:

You need to decide on your priorities.  If you want the all singing dancing model it will cost you a lot more.  I would buy the 2.0 TDI before a 1.5TSI better mpg and a lot more torque especially on a big car like the kodiaq.

https://www.selectcarleasing.co.uk/car-leasing/skoda/kodiaq/estate?trim=&display_fueltype=Diesel&transmission=&sort_by=&term=

Yes looking at Sportline. MPG good on the 1.5. 

Is it? Real world looks to be about mid 30s, from my quick bit of research. I wouldn’t call that “good”, for the performance you get. For reference, I get better than that from a 2.0TSI Octavia.  

People convince themselves they need a large SUV (or any SUV really) over a standard saloon/large hatchback which offer little objective advantages. 

Bigwheels1111

Working out the basic things you want or need in a car should be the first thing.
Eight years ago, I wanted an estate automatic diesel with air con and cruise control.
Looked at hundreds of cars, Purchased one I’d never seen before because of price.

Peugeot were changing their 5008 7 seater to an SUV, I found a pre reg old shape with 5 miles on the clock.
Had a 47% ish discount from new.
Never used 7 seats, they are raised once a year for mot and then lowered to become an estate car again.

Not used a loan or pcp, cash only for me.
It’s a lot of money for a car you will probably never own.

One of these,

Jvnolan

All reviewed your comments and have opted for a loan at 7% and spread over a longer period. That ways it’s mine, not tied and can trade back in when suits.