what sports car?

Author
Discussion

julian64

Original Poster:

14,317 posts

254 months

Tuesday 9th February 2016
quotequote all
Okay so work colleague knows I'm into cars, wants my advice. She's unmarried professional just turned 30, and has a budget of 250 pcm to spend on either finance or a lease.

She wants something sporty and doesn't need to think about any sort of responsibility.

The problem, I've never bought a car other than second hand including used approved any other way than with a cheque, or cash if second hand. So I really don't know how 250 pcm would equate to anything.

I think something two seat and possibly open top but folding rather than soft. Must be still in some sort of manufacturer warranty.

Can I suggest anything for that money??

RobGT81

5,229 posts

186 months

Tuesday 9th February 2016
quotequote all
MX5 - new one

kambites

67,556 posts

221 months

Tuesday 9th February 2016
quotequote all
If the folding tin-top is a must, she might just about get into an SLK or Z4 for £250 a month. If she'd be happy with a cloth roof there's all sorts of options.

Unfortunately the the MX5 isn't currently available with a folding hardtop.

julian64

Original Poster:

14,317 posts

254 months

Tuesday 9th February 2016
quotequote all
could she actually get into a Z4 for 250 per month. I can't find that deal. £399 is the cheapest I can find. She'd probably be pretty chuffed with the Z4.

kambites

67,556 posts

221 months

Tuesday 9th February 2016
quotequote all
Hmm, actually maybe not without paying a silly deposit. The one I found from a quick scan had a £5000 deposit.

Can she get it as benefit in kind rather than a personal lease? The diesel SLK on BiK might come in somewhere near £250 after post-tax. Otherwise she's looking at something like an MX5 (with a cloth top).

Edited by kambites on Tuesday 9th February 10:20

supercommuter

2,169 posts

102 months

Tuesday 9th February 2016
quotequote all
Low mileage well specced Z4 3.0 in E85 trim will be perfect and purchased with a £10k bank loan will see payments at approx £240-250 a month i think.

No deposit to worry about either.

Guess it depends if it needs to be new or not.

ETA: Sorry, rag top. Should of looked at your original post!

james_gt3rs

4,816 posts

191 months

Tuesday 9th February 2016
quotequote all
GT86?

kambites

67,556 posts

221 months

Tuesday 9th February 2016
quotequote all
james_gt3rs said:
GT86?
Not without a significant deposit, I suspect.

smithyithy

7,240 posts

118 months

Tuesday 9th February 2016
quotequote all
My dad has an SLK for around 250pcm, that was 3+3yrs lease IIRC.

Not through a website, but the leasing company based at the Mercedes dealership.

mikal83

5,340 posts

252 months

Tuesday 9th February 2016
quotequote all
SLK or MX5.............made me laugh

nunpuncher

3,384 posts

125 months

Tuesday 9th February 2016
quotequote all
julian64 said:
could she actually get into a Z4 for 250 per month. I can't find that deal. £399 is the cheapest I can find. She'd probably be pretty chuffed with the Z4.
I'm pretty sure that if you walked into a BMW dealership and poked one of the salespeople with their own pencil for 2 minutes you would get a Z4 for damn close to £250pm.

BMW are very generous with their discounts.

Phil Dicky

7,162 posts

263 months

Tuesday 9th February 2016
quotequote all
I'm guessing Merc will have plenty of new pre face lift SLKs they need to shift so that would be my suggestion.

anothernameitist

1,500 posts

135 months

Tuesday 9th February 2016
quotequote all
Range Rover Sport and pictures of her

TVRJAS

2,391 posts

129 months

Tuesday 9th February 2016
quotequote all
The Audi,Mazda,Golf and Fiat Abarth 595 are the ones coming close at my search,but all have a pretty big deposit (exception Fiat)
Audi TT 1.8T FSI 9+23 £249.89 5k mileage

This is one of the many sites I look at out of curiosity.

http://www.yes-lease.co.uk/personal-lease-cars/aud...

(But they do have a high processing fee compared to many others)



Edited by TVRJAS on Tuesday 9th February 12:26

julian64

Original Poster:

14,317 posts

254 months

Tuesday 9th February 2016
quotequote all
so unless someone has a long pencil and knows how to use it to extreme effect on a dealer the Z4 is out?

8potdave

2,303 posts

213 months

Tuesday 9th February 2016
quotequote all
£250 p/m will be a car around the 11-12K mark over 5 years excluding interest. I would probably say SLK for that money.

Craikeybaby

10,410 posts

225 months

Tuesday 9th February 2016
quotequote all
A few years ago I leased an MX-5 for £180p/m, but that deal was made at the end of summer, rather than coming into spring.

Ozzie Osmond

21,189 posts

246 months

Tuesday 9th February 2016
quotequote all
IMO if the answer to the question is SLK - it's time to rephrase the question!

stephen300o

15,464 posts

228 months

Tuesday 9th February 2016
quotequote all
Apparently she doesn't know you don't have your own opinion...

julian64

Original Poster:

14,317 posts

254 months

Wednesday 10th February 2016
quotequote all
stephen300o said:
Apparently she doesn't know you don't have your own opinion...
Not quite. She is a generation younger than me, so she always buys cars in warranty from a dealer on finance on monthly payments. Her current car is a C class merc on exactly this.

I on the other hand have never used finance, always bought second hand usually with cash, and have rarely needed to buy a car in warranty, as I spent the money on a fully stocked garage and have always fixed and serviced my own stuff.

So although I have opinions on what she should do, it doesn't translate well to the PCM generation. I have no idea whether the general consensus is to lease or buy with either dealer finance or independent finance.

Seems a bit parental to tell her to simply save her money, and possibly wrong in this day and age of artificially low interest rates