Old man car advice!
Discussion
I currently have a Vauxhall Corsa which is still on finance, I am 3 years down and 2 to go. Paying £200 a month. Since the birth of my second child there is just no room, 2 car seats, a pram and the wife and it's like full loaded Tuk Tuk.
I am stuck in a finance trap really, the value of the car will cover the outstanding and probably a small deposit on something else. I will get a better deal sticking with Vauxhall but no idea where to go. I am happy to go for something used and to have finance again but don't really want to be paying more than I already am.
I can't think of an easy way around it apart from cutting my losses and getting something on finance again, it will have to be uses for the size that we need and the budget we have. We haven't got any extra cash for a deposit.
Any one have any Ideas or been in a similar position?
Thanks.
I am stuck in a finance trap really, the value of the car will cover the outstanding and probably a small deposit on something else. I will get a better deal sticking with Vauxhall but no idea where to go. I am happy to go for something used and to have finance again but don't really want to be paying more than I already am.
I can't think of an easy way around it apart from cutting my losses and getting something on finance again, it will have to be uses for the size that we need and the budget we have. We haven't got any extra cash for a deposit.
Any one have any Ideas or been in a similar position?
Thanks.
Silvs said:
I currently have a Vauxhall Corsa which is still on finance, I am 3 years down and 2 to go. Paying £200 a month. Since the birth of my second child there is just no room, 2 car seats, a pram and the wife and it's like full loaded Tuk Tuk.
I am stuck in a finance trap really, the value of the car will cover the outstanding and probably a small deposit on something else. I will get a better deal sticking with Vauxhall but no idea where to go. I am happy to go for something used and to have finance again but don't really want to be paying more than I already am.
I can't think of an easy way around it apart from cutting my losses and getting something on finance again, it will have to be uses for the size that we need and the budget we have. We haven't got any extra cash for a deposit.
Any one have any Ideas or been in a similar position?
Thanks.
Learn to take only what you need, like a smaller pram and less clutter. Also think about a small roof box if you can't reduce the stuff. Get a bigger car, and you'll just collect more and bigger stuff to cart around......I am stuck in a finance trap really, the value of the car will cover the outstanding and probably a small deposit on something else. I will get a better deal sticking with Vauxhall but no idea where to go. I am happy to go for something used and to have finance again but don't really want to be paying more than I already am.
I can't think of an easy way around it apart from cutting my losses and getting something on finance again, it will have to be uses for the size that we need and the budget we have. We haven't got any extra cash for a deposit.
Any one have any Ideas or been in a similar position?
Thanks.
I do like the look of the mokka, not sure what they are like to drive but driving feel is not at the top of my list unfortunately.
Hornetrider- I have nothing I can add in terms of savings, I begrudge having anything on finance but a fully function car is a must, safety is a big issue with the sprogs now, so tend to be drawn to newer cars.
The biggest issue is the leg room. My son is not even two and can put his feet through the back of my chair. Short journeys are fine but it takes its toll for further afield.
We need a decent boot because we can't get in the pram and weekly shop without cramming it into all the foot wells.
Getting rid of a "new" car for one that has previous owners and would still be on finance just smacks of a s
t deal.
Hornetrider- I have nothing I can add in terms of savings, I begrudge having anything on finance but a fully function car is a must, safety is a big issue with the sprogs now, so tend to be drawn to newer cars.
The biggest issue is the leg room. My son is not even two and can put his feet through the back of my chair. Short journeys are fine but it takes its toll for further afield.
We need a decent boot because we can't get in the pram and weekly shop without cramming it into all the foot wells.
Getting rid of a "new" car for one that has previous owners and would still be on finance just smacks of a s
t deal.hornetrider said:
Roof box is actually a good idea then. My BIL runs a 1 series and uses one all the time for baby stuff.
Will look into it. Seems better than shafting myself with a used car in finance. At least for 2 years where will own the corsa outright and can use it for a down payment on something better.http://www.autotrader.co.uk/classified/advert/2014...
No finance required, very reliable given the right care and attention, decent fuel economy on a run, hilariously grunty for its oceanic size, probably atleast a thousand times safer than any bog-standard Vauxhall, plenty of room, supremely comfortable and a banging stereo to boot (pun intended!).
EDIT: And it'll probably hold its value fairly well, especially now that Saab are up and running again. That particular example has every box ticked in the options list bar one (sunroof). Well, that and the GPS, but that always crap anyway and completely non-desirable. I can personally guarantee you'd sell that on a Saab enthusiast website within two days.
EDIT 2: AND... it's very, very easily made really rather quick(er). For practically no money at all. Noobtune is the name of the magical mystery man who performs this voodoo.
If I was a family man on a budget, this is the route I'd go down every day of the week. In fact, even if I was neither, I'd get one of these. I love them.
No finance required, very reliable given the right care and attention, decent fuel economy on a run, hilariously grunty for its oceanic size, probably atleast a thousand times safer than any bog-standard Vauxhall, plenty of room, supremely comfortable and a banging stereo to boot (pun intended!).
EDIT: And it'll probably hold its value fairly well, especially now that Saab are up and running again. That particular example has every box ticked in the options list bar one (sunroof). Well, that and the GPS, but that always crap anyway and completely non-desirable. I can personally guarantee you'd sell that on a Saab enthusiast website within two days.
EDIT 2: AND... it's very, very easily made really rather quick(er). For practically no money at all. Noobtune is the name of the magical mystery man who performs this voodoo.
If I was a family man on a budget, this is the route I'd go down every day of the week. In fact, even if I was neither, I'd get one of these. I love them.
Edited by Looket on Monday 31st March 20:33
Looket said:
And the 200 a month I'd be saving would more than cover maintenance cost for the year. 
Looket said:
http://www.autotrader.co.uk/classified/advert/2014...
No finance required, very reliable given the right care and attention, decent fuel economy on a run, hilariously grunty for its oceanic size, probably atleast a thousand times safer than any bog-standard Vauxhall, plenty of room, supremely comfortable and a banging stereo to boot (pun intended!).
EDIT: And it'll probably hold its value fairly well, especially now that Saab are up and running again. That particular example has every box ticked in the options list bar one (sunroof). Well, that and the GPS, but that always crap anyway and completely non-desirable. I can personally guarantee you'd sell that on a Saab enthusiast website within two days.
Are you serious?!?No finance required, very reliable given the right care and attention, decent fuel economy on a run, hilariously grunty for its oceanic size, probably atleast a thousand times safer than any bog-standard Vauxhall, plenty of room, supremely comfortable and a banging stereo to boot (pun intended!).
EDIT: And it'll probably hold its value fairly well, especially now that Saab are up and running again. That particular example has every box ticked in the options list bar one (sunroof). Well, that and the GPS, but that always crap anyway and completely non-desirable. I can personally guarantee you'd sell that on a Saab enthusiast website within two days.
Edited by Looket on Monday 31st March 20:27
OP looking for advice for a cheap to run reliable nearly new car for a young family and you suggest a 11 year old 250bhp turbo auto SAAB that will struggle to do 20 mpg and cost the earth to insure :-)
GreatGranny said:
Are you serious?!?
OP looking for advice for a cheap to run reliable nearly new car for a young family and you suggest a 11 year old 250bhp turbo auto SAAB that will struggle to do 20 mpg and cost the earth to insure :-)
Well, given its purchase price I'd say it's pretty cheap to run. Servicing? Not more than any other car, except it needs to be fed premium oil. The auto is reliable, in fact much more so than the manual. I averaged 30 odd mpg on a return trip from London to Stockholm, which included a fairly heavy foot on the Autobahn. Everywhere else I probably averaged a good 130 km/h on motorways. OP looking for advice for a cheap to run reliable nearly new car for a young family and you suggest a 11 year old 250bhp turbo auto SAAB that will struggle to do 20 mpg and cost the earth to insure :-)
At 25, I forked out £1000-ish/year (0 NCB, foreign license!) in insurance.
But you're right in that it's not nearly new. Apart from that I struggle to see any downsides.
4lf4-155 said:
I heard an advert for a vauxhall mokka on £249 down and £249 a month the other day.
Only a bit bigger than corsa though
Mate of mine just purchased a 51 reg accord 2.0 SE for £720. Whilst it had 135K on the clock, it will last more than 3 months, thus making him "quidsin" by June. Free motoring after that. Only a bit bigger than corsa though
Looket said:
GreatGranny said:
Are you serious?!?
OP looking for advice for a cheap to run reliable nearly new car for a young family and you suggest a 11 year old 250bhp turbo auto SAAB that will struggle to do 20 mpg and cost the earth to insure :-)
Well, given its purchase price I'd say it's pretty cheap to run. Servicing? Not more than any other car, except it needs to be fed premium oil. The auto is reliable, in fact much more so than the manual. I averaged 30 odd mpg on a return trip from London to Stockholm, which included a fairly heavy foot on the Autobahn. Everywhere else I probably averaged a good 130 km/h on motorways. OP looking for advice for a cheap to run reliable nearly new car for a young family and you suggest a 11 year old 250bhp turbo auto SAAB that will struggle to do 20 mpg and cost the earth to insure :-)
At 25, I forked out £1000-ish/year (0 NCB, foreign license!) in insurance.
But you're right in that it's not nearly new. Apart from that I struggle to see any downsides.
Edited by KM666 on Monday 31st March 21:24
Gassing Station | General Gassing | Top of Page | What's New | My Stuff