Thinking of buying new Clio on 0% - good deal?

JoeyEmma

chuckles1066 wrote: »

Well I guess everyone's mileage differs; if I'm having several builders round, for example, to quote me on some work, I feel much more confident in the guy who turns up with the clean, shiny 57-plate Transit than the guy in the 10 year old Renault Trafic with dents in it and missing a front bumper.

The former says to me "he's doing well for himself, he must be doing a lot of business so, by definition, he's good at his job", the latter says "if he was any good at his job he'd be able to afford a newer motor than that".

The OP is on the right lines; first impressions and image are very important to potential clients.

Yeah, but there is nothing wrong with a nearly new car, say 6-12 months old. I would not look at somebody and think they were giving off a bad impression.

Stu666

albertross wrote: »

For a beauty therapy business, I would have thought a clean and tidy missus would be more important than a clean and tidy method of transport that the customer may never even see.If you need one anyway, why not, but if this is some sort of franchise requirement, I'd be careful splashing out too much money before you explore the market.

The missus prides herself on being very clean and tidy, would be a shame to have an old banger letting her down.

Image, unfortunately, is everything, particularly in her line of work.

Personally I'm a self-employed mobile computer engineer and I'm happy with my 6-year-old Fiesta. It looks smart and does the job. But it probably wouldn't cut it for a beauty therapist.

Anyway this is getting off-topic, the original question was is the Clio at 0% over 5-years a good deal? Seemingly not, but the low repayments would be handy.

matt1987

Yeh but you could have a low payment scheme with someone like Ford. Whatever you do, dont think that the £99 over 5 years is cheap, because it isnt.....

matt1987

For the Ford Fiesta Style @ Bristol Street motors =

Car = £6495 ( add £350 for mettallic paint )
Deposit = £0.00 ( assuming you dont have a deposit )
APR 7.9% Over 48 months ( 4 years )

Monthly payments = £156.96
Total amount payable = £7534

You then own the car outright after the 48 months. I think you can chose 5 years, but im not sure.

Stu666

I appreciate the replies Matt. I'm seriously looking at the Fiesta now.

The main issue is, it needs to be 5-door, black and we would prefer air con and alloys.

The Fiesta Zetec Blue offer seems like a good candidate at the minute.

matt1987

Yeah, if you wanted aircon and alloys then it would have to be the Zetec. I think someone on this board recently got a brand new one for £8100 after some haggling.

I think Toyota are doing 0% APR on finance at the moment too, but I think you need a 30% deposit.

Stu666

I've been around some Ford dealerships today and quoted the £8100 on here.

I can basically get the 5-door Zetec Blue for £8,700 at 4.9% APR over 48 months. Now if they will give me £500 for my knackered old Astra and I put down a £1000 deposit, the repayments aren't far off £160, which would be ideal for me. Trouble is they are being a bit funny about the Astra, which isn't in the best of nick.

matt1987

Stu666 wrote: »

I've been around some Ford dealerships today and quoted the £8100 on here.

I can basically get the 5-door Zetec Blue for £8,700 at 4.9% APR over 48 months. Now if they will give me £500 for my knackered old Astra and I put down a £1000 deposit, the repayments aren't far off £160, which would be ideal for me. Trouble is they are being a bit funny about the Astra, which isn't in the best of nick.

How much are they offering you for your astra?? Say you will be prepared to sign on the dotted line today ( if you want it ) if they were to do the car for £8,500 and to give you £300 for the astra??

Stu666

matt1987 wrote: »

How much are they offering you for your astra?? Say you will be prepared to sign on the dotted line today ( if you want it ) if they were to do the car for £8,500 and to give you £300 for the astra??

They don't want it at all by the sound of things. Even went as far as saying I'd be better off selling it privately. Renault dealership offered me £500 for it, but once they visually inspected it said it was only worth £350 or so. They were going to stick by the £500 though.

matt1987

Well if i were you, i would sell it privately. Do some research on Autotrader and see how much your type of Astra is going for.

I would also ask Ford if they would go any lower with that price you were quoted. Try and haggle them a bit.