Old new car - should I buy it.?

[sagittonius]

Hello all,
…. my first post on PH, so apologies if all is not as expected.


I have found for sale an unsold ‘brand new’ Peugeot 5008 (actually, there are three), build year 2023; at what seems to be a very good price. However, the car is in Singapore and only shows 12km of driving. It still has the factory bodywork wrappers and the plastic seat covers on. It is the Allure Premium version, and with a full Panoramic opening/sliding roof and front heated seats.


With all import duties, VAT, customs fees, delivery and licensing, etc; the total cost to me would be around £16,500 - providing nothing untoward or unexpected were to be found.


That’s where my question lies.
Given the fact that the car has ‘stood idle’ (practically) for over three years, would this be a wise buy, or a car to definitely dismiss …. or perhaps a maybe, if ….???


(The car has the 1.2 PureTech ‘wet belt’ engine.)


Thanks in advance for all comments and advice.
Tony.

[Easternlight]

Why would anyone bother to drag a run of the mill Peugeot halfway around the world?
Plus Google wet belt engine failure.

[edc]

What sort of warranty does it come with?

[Sir Keith Stormer]

Not being funny but with that particular engine I wouldn't pay 16 pence for it.

[Derry Rhumba]

Hello, and welcome to the forum

My first thought was "wind up"....but I'm coming round to the thing that it's possible you are serious here.

I'll be amazed if anyone here tells you to go ahead, it's total madness.

If you have that amount of money to spend on a car buy one closer to home at that price.

ps....quite aware that you may be "trolling the internet", if not apologies.

[sagittonius]

Thanks for the replies.

It was a serious question, as I 'thought' it might prove to be a wise investment.

Clearly not the case then.

Thanks again.
Tony.

[paul_c123]

Even if it wasn't a Peugeot with a Puretec engine, I'd avoid a "new" car which has been stood 3 years. That in itself is suspicious - why wasn't it sold soon after it was manufactured? etc etc. Also I'd avoid a grey import from Singapore when supply is plentiful in the UK and its not a rare/desirable car. So its a 3x NO from me.

[Bill]

sagittonius said:

With all import duties, VAT, customs fees, delivery and licensing, etc; the total cost to me would be around £16,500 - providing nothing untoward or unexpected were to be found.

It will always be an import, with a KM Speedo. Similar age 5008s with less than 10k are a bit over £20k. I'm not convinced this is the bargain it appears.

[Rafka]

Some good advice here op. Just don’t do it.

[shed driver]

It would make one epic road trip though if you decided to drive back!

[giggity]

No one would willingly purchase a wet belt car…unless you are going to carry out a chain conversion.

[Ghs]

giggity said:

No one would willingly purchase a wet belt car unless you are going to carry out a chain conversion.

m


I’ve owned 2 cars with welt belt engines , first one I changed the car at 94,000 apx , present one is on nearly 92,000 .

[_Rodders_]

sagittonius said:

Thanks for the replies.

It was a serious question, as I 'thought' it might prove to be a wise investment.

Clearly not the case then.

Thanks again.
Tony.

Well it definitely wouldn't be an investment.

It could be a cheap used car but the risk Vs reward is marginal at best.

As a general rule I think age is worse than mileage. I'd take a 1 year old car with 20000 miles over a 3 year old car with no miles if they were the same price.

[Ghs]

sagittonius said:

Hello all,
. my first post on PH, so apologies if all is not as expected.


I have found for sale an unsold brand new Peugeot 5008 (actually, there are three), build year 2023; at what seems to be a very good price. However, the car is in Singapore and only shows 12km of driving. It still has the factory bodywork wrappers and the plastic seat covers on. It is the Allure Premium version, and with a full Panoramic opening/sliding roof and front heated seats.


With all import duties, VAT, customs fees, delivery and licensing, etc; the total cost to me would be around £16,500 - providing nothing untoward or unexpected were to be found.


That s where my question lies.
Given the fact that the car has stood idle (practically) for over three years, would this be a wise buy, or a car to definitely dismiss . or perhaps a maybe, if .???


(The car has the 1.2 PureTech wet belt engine.)


Thanks in advance for all comments and advice.
Tony.

I’ve had welt belt engines x2 ( Ford ) , my daughters car has a welt belt engine ( Ford ) ,prev car 94,000 ,10 yrs old , present nearly 92,000 , 9 yrs old & daughters is 30,000 , 7 yrs old , I obviously can’t speak for Peugeot but our 3 welt belted engines have been just as reliable as any other car I’ve owned ( I’ve been driving / buying cars for nearly 50 yrs ) , all I do is change oil / filter every 8,000 miles without fail .
I’d not give it a 2 nd thought buying another Ford welt belt engine .

[cliffords]

I brought a few cars in from Singapore and asside from the paperwork and UK registration you need to do a few things for the UK approval. As said may be in KM but not always, you have to fit a rear fog light with a teller in the cabin . Worst of all is you need a certificate from the manufacturer stating the emissions. It was hard with older cars maybe easier with new stuff. As others said it will always be an imported car .
In addition shipping costs now are higher than they have ever been.