Keep the Jeep or new PCP?

[Buick8]

Morning all
I have a dilemma and would really appreciate any helpful advice.
I have a 15 plate Jeep Renegade 1.6 Diesel Sport / 15000 on clock/30 per year tax
The final payment of the PCP is due next July and it will be £8000. 
I am trying to weigh up the most cost effective and reliable way to stay with a newish, large reliable vehicle.
Should I stick with my Jeep and finally own outright (no more monthly payments, but worry if something goes wrong…any reader experience of this???)
or start anew, with ‘trouble free motoring’
I have looked around for a new vehicle and the most likely match seems a Hyundai Kona -pre registered- 100 miles 18 plate.
Also 4 yr. warranty/MOT/Servicing/Tyres/ Etc. all thrown in, but it means paying in £160 pm for 48 months and stumping up a £3500 deposit, plus the inevitable balloon in another 4 years of £5k

• roughly £16,180

Hyundai will settle finance so I won’t have to worry about a settlement for another 4 years....
Am I putting off the inevitable (actually buying a car) or do people have good experiences of PCP and just run with it?
I do like to change my car every few years, but I am so worried about something big going wrong with the Jeep and not being able to afford to put it right.
Finances stretched!
Other option is, a largish safe vehicle which will be reliable for £4/5k

Any ideas greatly appreciated
Thanks
B8

[Nickp82]

How would you fund the purchase of the Jeep if you took that route?

[Earthdweller]

Better the devil you know

Your jeep is hardly run in and will last you for years

Get a cheap bank loan and pay it off in 3 years, that’s what I have just done on my 15 plate X3 I figure there’s at least another 10 good years in it

[Buick8]

I'd fund the Jeep with a loan/savings
Just worried about any big diesel bills which may be on the horizon...
However, I have always driven diesels.
Does the Tax on my Jeep remain at £30 pa?
thanks
B8

[BrabusMog]

Buick8 said:

I'd fund the Jeep with a loan/savings
Just worried about any big diesel bills which may be on the horizon...
However, I have always driven diesels.
Does the Tax on my Jeep remain at £30 pa?
thanks
B8

I can't guarantee this advice, but it is my understanding that if it was registered pre-2017 then the tax price cannot change.

[Noodle1982]

I was looking at a Jeep Renegade to use for work.

Decided against it because after each viewing of a potential candidate i found myself singing '..back once again for the renegade master..' for days after it. Drove me fking nuts.

[Earthdweller]

Can you not extend the manufacturers warranty

I have done on my X3 .. cost about £40 per month I think .. includes breakdown/car hire .. piece of mind

Getting a new car doesn’t mean you will have trouble free motoring, you could still get a car that goes wrong

You’ve only done 5k a year in it .. so it’s not exactly an abused and worn out car

[hornmeister]

Noodle1982 said:

I was looking at a Jeep Renegade to use for work.

Decided against it because after each viewing of a potential candidate i found myself singing '..back once again for the renegade master..' for days after it. Drove me fking nuts.

If anything surely that's a motivator to buy it and then add the words "the" & "master" to the back of it?

[MrAverage]

A few people at work have bought few year old renegades for larger sums than your settlement so could always move on at a later date.
I'd buy it and continue to use it, its barely run in.

[ZX10R NIN]

If you're worried about potential bills then extend the Manufacturer's Warranty & then you'll be fine.

[TheAlastair34]

15,000 miles on your jeep?

If so i wouldn't be worried at all about any bills

[Lako42]

Why do you think it's going to go wrong?

Have you had many issues with it so far?


The Renegade seems like a good car to me from what I've seen, and they don't seem to be getting hammered from a reliability perspective?


At least you know it's been looked after