Is this for real?

[Umar B]

Stumbled across The Car Store on ebay while having a general look about, Has anyone had any dealing with them and the finance offers they have look way too good to be true..

I mean a 2005 ford focus ghia from £15 a week?

i can imagine there being a whole load of conditions attached to this, and im assuming you have to have a squeaky clean credit history, but if you have had dealings with them, what did you think?

thanks

[Umar B]

[Jakg]

Shouldn't there legally be a breakdown of the APR / deposit / term length displayed?

[mnkiboy]

No description but I bet It's over 5 years with a deposit on top of that. A 55 focus can be had for not much more than £2k. I wouldn't want a 5 year finance deal on a car that age.

[All that jazz]

mnkiboy said:

No description but I bet It's over 5 years with a deposit on top of that. A 55 focus can be had for not much more than £2k. I wouldn't want a 5 year finance deal on a car that age.

But guys, remember there are people out there that have absolutely zero money management skills whatsoever and rely on these sub-prime lenders to get by. You only have to look in the direction of any of the 1000s of "money shops" to see evidence of this. Same applies to the car market. Car might only be worth £2k and they actually end up paying £10k by the time they've finished, but they don't see it like that. To them it's some reasonably reliable and modernish wheels that they can have the keys to for only £15 a week and that's all they care about.

[Umar B]

thanks for the reply guys,

just gave them a call to get more info, their customer service was a bit dodgy and when i pressed for more details the were very vague about where the cars came from, are the cars on the website actually in stock etc. didnt fill me with any confidence really...

but the chap who i spoke to did tell me the finance term on the cars advertised were for 6 years

one to avoid i think!