Buying a new car would like an Audi A5 Sportback...
Buying a new car would like an Audi A5 Sportback...
Author
Discussion

joeyvicks

Original Poster:

2 posts

153 months

Saturday 12th April 2014
quotequote all
But here's the catch.

I'm in a bit of a quandary, it's for commuting a 110 mile daily round trip to my office. I get an allowance from work which taking all other motoring costs into account leaves me with a monthly budget just for the car of £400.

A new one on pcp is £525 a month (because of the 30k miles I do each year) and if I buy a used one, to fit around the 400 budget I would only have about 16/17k to spend one. Taking a 4 year loan out to pay it off.

My concern is would a 4 year old one with 50k on the clock be ok to run for another 4 years at 30k a year? Or do you think it is risky going for something of this age to use for such heavy mileage?

Any advice would be much appreciated.

A900ss

3,314 posts

181 months

Saturday 12th April 2014
quotequote all
I'd look harder at the PCP on a new one.

1 minute revealed a 177 2.0 TDi S Line at 30k pa for £424/month (only slightly over budget) and £2691 down payment.

Good luck.

http://www.broker4cars.co.uk/Buy/New_Car.jsp?showO...

joeyvicks

Original Poster:

2 posts

153 months

Monday 14th April 2014
quotequote all
Thanks for that link it's a really useful website that I'd never come across before.

If I go for the used car option though do you think buying a 3/4 yr old model with 50k on the clock be a good idea?