Is this fiesta ST worth it?

[jamesters]

So im quite keen on this Ford Fiesta ST but few things unsure on, its 2017 car thats done 22k in 1 year sold at a dealership, (high milage for 1 year use) also its priced at £11,000 finance options at 1.6k deposit then £164 a month with 4k final payment after 4 years. my income would just about cover it....even though not sure how id pay off final 4k in 4years. other thing about the car is its 1.0 litre (guess they all are now right?) with 140 ps. confused with all this 1 litre stuff now i guess its world of eco crap, my current car is 1.3 to me seems nuts its lower when i was younger always bragging with ya mates what spec car you had , the wife is begging me to get the car said she love me more if i do, tough choices huh

[jamesters]

hi everyone, thanks for the advise and input....yes it is an pcp , i feel the same price is a stretch prob feel i be better get used improved around 6k mark on a fiesta maybe try get a bank loan (if i can) or save :/ already have an old car dont really wanna go down route of 2nd hand bangers again, plus dont think my wife will stand for it if we get another old banger, either way we plan to keep current old car as we live now quite remote so we feel bit vulnerable having just 1 car as if anything happens to it we are pretty much stranded hence the look out for a newer 2nd car

[jamesters]

went to see the car today, its 140 ps, basically the guy pushing me to buy it today but was a few finance options to think about, best being £159 a month with a 2k deposit then after 4yrs paying the remaining £4220 off or £191 a month over 5 yrs with nothing to pay off was other deal. insurance going to work out £74 a month as i have to restart on a zero no claims bonus because i want to keep the other car so bit annoying, learning how corrupt and money making insurance companies are. wife super keen im more reserved to think things through first . thing i found annoying at the dealership was the guy pushing me for extra £500 addon for extra 2 year warranty. it has a year and half left on 3yr ford warranty but to me i felt this should be inc anyway given so many deals out there these days of 5 and 7 year warrenty. gave the car a test drive, had a few laughs with me trying figure out how to turn the car on as so used to my 17u year old fista....i see modern cars becoming more dummie proof now with having to hold the clutch down. im sure more dumming down features compared to my old car question now is it a good deal, i just wish warrenty was inc for free is my only thing that pisses me off, and is eco engine on ford safe or do they give up fast? as i had a coolant leak few yrs ago my old ford and all repaired but i remember at the time mechanic joked that its good thing not a new ford or be needing a new engine :/ is this joke have some truth?

[jamesters]

yeah it is crazy money for sure, only because has extra body trims and bigger alloys :/ so stupid prob be cheaper get lower end one and mod it haha, thanks for your input, i feel the same lovely car and really like it but for 11k it feels massively over priced and by time i finished paying it off id of paid total of £13.500 for it because of the extra £2000 interest, this ecoboost st i doubt these cars will live a long life like the old cars, were a few £7000 fiesta which are prob more in budget

[jamesters]

nice car downside for me is i need 5 doors as we have a child but i totally agree there are better deals about, just over pricing it because 5 door zetec s really, but as you say only a year old, yeah hard to tell if would stretch us on the cost, £159 a month is not to bad but deposit and extra insurance is main killing point at the moment plus was additional £350 incase ever got written off you get the original value back not the market value later on when it goes down in price.

[jamesters]

thanks for all the advise on here me and my wife came to same conclusion we kinda feel we most likely could afford it with deposit and £150 a month over 4 or 5 yrs if there was 0% interest i guess asking the dealer for that be massive long shot haha, i turned them down today on the car but soon big boss above sales guy i was talking to rang me leaving a voice message asking me ring back "so we can keep this deal alive" madness lol clearly they are struggling to sell it purely because the insane amount of interest over the years of paying it off while the car loses value.

[jamesters]

yeah i am not buying it i have taken people advise its got 10.9% interest on it which is insane for 2nd hand used car on 22k miles

[jamesters]

loan idea was good looks like tesco bank loan would give me 11k i need with only extra 700quid on interest over 5yr repayment would mean £197 a month but if approved no deposit at least and would be all paid off in 5yrs

[jamesters]

maybe you should move on to another thread

[jamesters]

everyone can fk off with there insults on here about my wife she grew up from very poor family both decided tonight stuck with rusty 17yr old car instead will review what we do about another car in 2019 when we mite have more cash this forum has a lot of dick heads on it prob old bitter fkers think they know everything about cars prob driving ford fiesta st themselves

[jamesters]

Ilovejapcrap said:

Jamester sorry you feel that way and I get you and your wife are trying to get yourself a nicer car, improve your life if you will or whatever.

But it’s just a car, and this is what’s being said from people on a car forum. They only really do one thing and that’s loose money (please no one start replying with rising classic stuff).

I would like to suggest that if you are staying as you are for a while you put 150 quid a month away and don’t touch it even if needed because that’s what would happen with a loan it would be gone. If it don’t bother you great crack on, but if you have months needing it then food for thought.

No one is saying don’t borrow money to get a car, hell a huge amount of people do it. But the amount you borrow and the way you borrow are the key. 5k rather than 11k is a lot less risk to pay back etc.

Honestly mate the novelty of the car wears off very quickly (about 6months) and your left with money going out for 5 yrs.

Good luck

thanks and yeah i agree that 5-6k loan would be a safer bet. i can see why the city cars are popular these days as quite cheap after year or 2 old

[jamesters]

The Cardinal said:

If you followed the general public narrative, you'd think that Britain is a terrible place to live - (too) full of people with ever-lower standards of behaviour, social problems, general economic malaise etc etc.

But, pause for a moment, there are actually a whole heap of good things that by-and-large go under the radar. Two of these are apparent right here in this thread: 1) the enormous choice of cheap second hand cars and 2) general goodwill to strangers, particularly when based around shared interests.

Hopefully no.1 is obvious and, although it may not feel like it to the OP on reading all the posts, no.2 is too.

It seems, OP, that you were recently also considering buying a classic car. I do wonder whether you might feel the pressure to "do something" about changing your car? Speaking to a seller, going to a dealer, taking test drives, talking figures etc does all build towards this...but, as evidenced by this very thread, it seems you're not sure. Unless you are a serial ditherer, perhaps the best thing to do is precisely nothing.

god what country you living in? A good place to live with crime on the rise, people in this forum are miserable, bitter and not up for a discussion...they talk to you like some old grandad moaning at his kids. As for the 2nd hand car market don't even get me started on that. People selling there old cars for way to much money and they hide all the issues as much as they can :/ The only reason i am looking at a new car deal or at least used approved. I bought my first car 7yrs ago its served me well but in the first year i had it i got conned by the guy I bought it off with all the repairs the needed doing, luckily I only bought it for £900 at the time it lasted me long time so i got lucky at least but id never want to risk a 2nd hand car again not from a private seller anyway. i'm not a serial ditherer either I just like to think things through and make the right choice and not do something stupid. The fact i came to this forum and asked for advise would prove I am not an idiot who just goes OOO SHINEY NEW CAR BUY NOW

Edited by jamesters on Wednesday 1st August 01:00

[jamesters]

insurance was high as didn;t want to transfer no claims bonus from my other car as i want to keep it which is annoying as currently only pay £25 a month.

dealer got back to me another offer now of £161 a month for 4yrs with 1k deposit and a 4k pay off at the end. looking at used cars but a lot seem to be high milage, when i got my fiesta 7yrs ago it was on 72k on the clock within 12 months had to repair clutch, exhaust, shocks absorbers a few other minor bits, at least past 6yrs been running not to much issue...however i do not want to repeat that again because even then i had two mechanics check car over and said all looked good yet i still got caught out quite few repair costs, only good thing is car was only £900 back then and over 7 years been cheap motoring even with the repairs back then but do i want to repeat that again with another 2nd hand car? noooo. while i get checking for new parts you can never tell what going to go next on an older car. i always told best to look for lowest milage you can. even that car i started this thread on regardless of the stupid deal they offer me it still had 22k on the clock for a 1 year car seems extremely high as well

Edited by jamesters on Wednesday 1st August 11:33

[jamesters]

pidsy said:

James,

At risk of repeating what others have already said -

Just cos it’s newer (it’s still a used car) does not mean it will be reliable. It can still chuck bills at you.

The new offer from the dealer might seem more palatable but it’s still a whole lot of money. There are better deals to be had. That dealer thinks he’s on to a good deal. They will hound you in the hope you give in. Dropping a few quid on the deal every few days might make it seem like they’re looking after your best interests but they aren’t. They’ve got to make money and as it stands they’ll be making plenty out of you.

The insurance shouldn’t be an issue - lots of company’s will mirror your no claims bonus across both cars if they are insured with the same company. It’s commonplace so don’t write that off until you have spoken with your insurance company.

This is a great forum - yes there are idiots about but that’s the same on the street. From what I’ve read so far on this thread - no one wants to see you burdened with this finance deal as it’s clearly not the best way for you to proceed.
If, you read the advice given, avoiding the piss taking, and you still can’t see that it’s gonna be a lot of money over a long time with no certainty of trouble free motoring - go and sign yourself up. Pay the money and enjoy it.

If you see sense, start looking at different options - get stuck in with the standard PH mentality and have some fun.

You are stressing out way too much over a 1 litre fiesta. There are more important and way more exciting things to spend your money on.

sadly that was quote i got from my current insurer with a mirrored bonus which shocked me as its extremely high and was not happy as it means any 2nd car i get will be high insurance for the first year it seems which is a joke as surely its me has no claims bonus but no its the car in the insurance companies eyes....dumb but there you go. and yeah putting pcp deal to one side while attractive did work out 2k a year which god could just get another car and own it for 2k but also its 22k on the clock if it was brand new id been more keen but my mate pointed out important point if owned by a petrol head for 1 year and down 22k on the car its prob been ragged and that little ecoboost engine will pop any moment he said to me

[jamesters]

nice deal but still getting old now 2005 mine 2001 and be 17yrs old this year, mental but also impressive my little old fiesta lasting as long as it is on 114k miles now. thing is i was told cars not designed to really last more then 10-13 years obv they do last longer but what ive been told by various mechanics over the years.....not sure if true but i am told the air bags not guaranteed after 15years either? light on my car says they still work....hope i never have to find out if thats true

[jamesters]

when i bought my 2001 fiesta after my test i was like wow this car easier to drive then the car i learned in cars def getting more strange these days, that new ford when i test drove it i felt further away from road but i put my car next to it and bonnet of new fiesta tiny to old ones so technically im closer to road in new fiesta then my old one :/ very odd

[jamesters]

yeah for my little old fiesta its going be body work rusting away that will kill it i did have a good quote a year ago to fix rusty arches and sills for £1000 compared to anywhere else but the car market value is £195 so it makes it not worth the repair i spend 1k repair that and someone rams me i only get 200quid back for the write off. as you explained thats when the car on death row

[jamesters]

so if a new car done 22k in 1 year that turbo would be at risk?