Bought my first ever new car :-)
Discussion
I’ve just bought my first ever new car 
Up until now I have always run older cars as my daily, so it will be interesting to see whether this is a good move or not.
My commute changed last year from a 30 mile roundtrip, to a 120mile round trip. I bought a Peugeot 407HD1 for the job and put 20k on it before the DMF started to sound like it was going to explode!
I then had the fear, the fear of fixing a 9 yr old car only for it to throw another big bill at me. It also had 120k on the clock and needed a full cambelt service.
So I started looking at PCP deals, and what I could get for a reasonableish amount per month (~£200).
I like Peugeot, and so I have ended up with a Pug 208 1.2 Active.
I like it! I have always enjoyed driving small petrol engine cars, and this little car is a cracker IMO.
Despite only having 82BHP, it weighs in at 960KG and is absolutely fine, in fact on the M1/M25 commute it is more than acceptable and returned 59mpg this morning.
So there you go, never thought I’d do the new car/PCP thing but hopefully it will be the right decision for me.
Pic to follow.
Up until now I have always run older cars as my daily, so it will be interesting to see whether this is a good move or not.
My commute changed last year from a 30 mile roundtrip, to a 120mile round trip. I bought a Peugeot 407HD1 for the job and put 20k on it before the DMF started to sound like it was going to explode!
I then had the fear, the fear of fixing a 9 yr old car only for it to throw another big bill at me. It also had 120k on the clock and needed a full cambelt service.
So I started looking at PCP deals, and what I could get for a reasonableish amount per month (~£200).
I like Peugeot, and so I have ended up with a Pug 208 1.2 Active.
I like it! I have always enjoyed driving small petrol engine cars, and this little car is a cracker IMO.
Despite only having 82BHP, it weighs in at 960KG and is absolutely fine, in fact on the M1/M25 commute it is more than acceptable and returned 59mpg this morning.
So there you go, never thought I’d do the new car/PCP thing but hopefully it will be the right decision for me.
Pic to follow.
Edited by DuncanM on Monday 10th March 08:36
Yes, 59mpg is the least I expect tbh as I am granny driving at 65mph to make the most out of it
960kg is good going for a new car, and it's not too small, 5 seater with good room behind the driver seat.
150kg lighter than the previous 207 apparently!
I'll update in a months time with a fuel comparison etc
Thanks for the kind words so far!
960kg is good going for a new car, and it's not too small, 5 seater with good room behind the driver seat.
150kg lighter than the previous 207 apparently!
I'll update in a months time with a fuel comparison etc
Thanks for the kind words so far!
ORD said:
Man buys a bran new car for its MPG. Someone will be along soon to point out (with the sums) quite how stupid this is.
Leave me alone you bully 
It's actually 'Man buys brand new car 'cos of the fear of running an old banger that might leave him stranded/finacially ruined'.
The Pug 407 HDI was a nice motor, it was returning 45mpg which is fine.
The DMF + Cambelt service would have come close to £1500, spending that on a car worth no more than £1500 makes no sense to me.
I'll update over time whether I think this has been a good choice for me.
Can't anyone enjoy their new car without the pedants going on about depreciation and how they would be better off remaining with the vehicle they got rid of?
So many miserable people on here that i have held off posting for a while but people can we just allow others to be happy without wanting to pee on their parade all the time.
So many miserable people on here that i have held off posting for a while but people can we just allow others to be happy without wanting to pee on their parade all the time.
STW2010 said:
DuncanM said:
The DMF + Cambelt service would have come close to £1500, spending that on a car worth no more than £1500 makes no sense to me.
Yet your depreciation bill on that car will be at least that (double that in the first year). Every year. For 3 years What needs to work out is the Monthly/Yearly spend on owning a car and travelling in it.
My 407 roughly broke down as:
Purchase - £2200
Tyres - £400 (17" 225/45)
Road tax - £160ish?
MOT - £50 (If it passes, could be more)
Fuel - 45MPG@ ~£1.39pl
Impending cost = ~£1500 To fix DMF + Full Cambelt service
£2760 before fuel = £230 Per month
If I had decided to fix it, it would end up at £341 per month before fuel.
I would then be driving a car worth £1500, with 120k on the clock and I would crossing my fingers that nothing goes wrong for the next year at least.
New car costs:
PCP - £214 Per month
Road tax - £20
Fuel - 60MPG@ ~£1.29pl
So, the new car needs to return half decent MPG to look like a good prospect? It's also nice driving a new car with a fancy bluetooth stereo/phone system etc.
This isn't right for everyone, but at the moment it feels right for me
. 
STW2010 said:
Yet your depreciation bill on that car will be at least that (double that in the first year). Every year. For 3 years
But if nobody bought new cars, how would anybody buy old cars?And since when did buying a car have to be justified. If that's the case, then Rolls Royce, Ferrari, Land Rover etc are f
ked as I don't think anyone could actually make a decision like that based on it making sense.Unless the OP was going to buy a Phantom and decided to get his 208 instead as it made more sense
If you're doing a lot of motorway miles every day, there is a lot to be said about a car you don't have to worry about. Peace of mind is difficult to put a value on.
Nice car OP - be a bugger to keep clean though!
Gassing Station | General Gassing | Top of Page | What's New | My Stuff