Kia Cee'd 1.6 CRDi £21k RRP WTF

Kia Cee'd 1.6 CRDi £21k RRP WTF

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HBFS

799 posts

192 months

Friday 20th April 2012
quotequote all
YeahYeahWhatever said:
Welshbeef said:
mackie1 said:
New car prices are way high, although you never really pay list. Skoda were selling Fabias and Octavias last year for 20% off list. An Octavia vRS came in at about £16k when a Golf GTI (with lower spec and little discount offered) would set you back £24k.
Exactly you'd need 9,000 reasons to want the Golf over the Octavia.
Not forgetting the residuals of course which makes the Golf a more attractive option for some.
Only if you're planning ownership over quite a long period!

CatJ

9,586 posts

244 months

Friday 20th April 2012
quotequote all
I'm looking at something to replace the Civic I run on car allowance and prices do seem to have jumped significantly. A top of the range 2.2 Civic is now £26k, so £21k for a top spec cee'd doesn't surprise me in the slightest.

frosted

3,549 posts

178 months

Friday 20th April 2012
quotequote all
It's all ok buying it, residuals is where the pain will come from. For example my £26k car worth £7000 after 4 years and 100k, it's a stupid family diesel passat, how can families afford something like a new car is beyond me

My friend recently sold his 1 owner 57 plate fiesta with 80k on thr clock for £ 2500, he paid 10k for it brand new and now wondering if he actually needs a car . I really do think tide is turning against car ownership and the good times are truly over

D_G

1,834 posts

210 months

Friday 20th April 2012
quotequote all

Cars are expensive as most are built in Europe and as the Pound has been weak against the Euro hence prices have gone up. Also the cost of materials has gone through the roof.
I can't see prices coming down anytime soon.

HeatonNorris

1,649 posts

149 months

Friday 20th April 2012
quotequote all
D_G said:
Cars are expensive as most are built in Europe and as the Pound has been weak against the Euro hence prices have gone up. Also the cost of materials has gone through the roof.
I can't see prices coming down anytime soon.
Not entirely sure that's the reason - look at motorbikes - Jap. bikes are stupidly expensive these days, yet even a 'premium' brand like BMW looks amazingly affordable now.

D_G

1,834 posts

210 months

Friday 20th April 2012
quotequote all
HeatonNorris said:
Not entirely sure that's the reason - look at motorbikes - Jap. bikes are stupidly expensive these days, yet even a 'premium' brand like BMW looks amazingly affordable now.
Japanese bikes (most are still built in Japan) are even more expensive as the Yen is very strong against the pound. In 2008 you could get nearly 200Y for a pound, today it's under 130Y and it's been as low as 116Y.

HeatonNorris

1,649 posts

149 months

Friday 20th April 2012
quotequote all
D_G said:
HeatonNorris said:
Not entirely sure that's the reason - look at motorbikes - Jap. bikes are stupidly expensive these days, yet even a 'premium' brand like BMW looks amazingly affordable now.
Japanese bikes (most are still built in Japan) are even more expensive as the Yen is very strong against the pound. In 2008 you could get nearly 200Y for a pound, today it's under 130Y and it's been as low as 116Y.
The point being that European bikes haven't really risen that much in price - but the Jap stuff is now eye-wateringly expensive - back to where they were in the early 90s, before the parallel importers forced a re-alignment of the market.

DoctorX

7,317 posts

168 months

Friday 20th April 2012
quotequote all
greggy50 said:
New cars are expensive dad has ordered a new focus 163 titanium x diesel as company car with metalic and sat nav that was circa 25k redface
Was in a Ford showroom today. They had a Focus Titanium X marked up for 27 grand. Gobsmacked.

Welshbeef

Original Poster:

49,633 posts

199 months

Friday 20th April 2012
quotequote all
DoctorX said:
Was in a Ford showroom today. They had a Focus Titanium X marked up for 27 grand. Gobsmacked.
Wow and in 4-5years time trade in £6k tops. Which would be depreciation of 550-600pcm net salary. Not far off taking a £10k gross per year pay cut.

CDP

7,465 posts

255 months

Friday 20th April 2012
quotequote all
Welshbeef said:
DoctorX said:
Was in a Ford showroom today. They had a Focus Titanium X marked up for 27 grand. Gobsmacked.
Wow and in 4-5years time trade in £6k tops. Which would be depreciation of 550-600pcm net salary. Not far off taking a £10k gross per year pay cut.
It's crazy.

Leasing prices make things look even sillier. You can get an A6 for half the price of that Focus.

HeatonNorris

1,649 posts

149 months

Friday 20th April 2012
quotequote all
DoctorX said:
greggy50 said:
New cars are expensive dad has ordered a new focus 163 titanium x diesel as company car with metalic and sat nav that was circa 25k redface
Was in a Ford showroom today. They had a Focus Titanium X marked up for 27 grand. Gobsmacked.
Massive saving for something only a few months and 5k miles old:

http://www.motorpoint.co.uk/VehicleAdvert/Ford/Foc...

Welshbeef

Original Poster:

49,633 posts

199 months

Friday 20th April 2012
quotequote all
CDP said:
It's crazy.

Leasing prices make things look even sillier. You can get an A6 for half the price of that Focus.
Just think you can buy a C5 RS6 for £10k. It will do 18-20mpg it may cost £2k per year servicing budget but it would be vastly cheaper than the £27k focus titanium and you could have a Leon Cupra R for £4-5 k extra and you wouldn't lose much if any cash in both.

Utter madness. I'll never buy new buy used 3 years newest then own for min four years and always buy the best fastest model you can.

CDP

7,465 posts

255 months

Friday 20th April 2012
quotequote all
Welshbeef said:
CDP said:
It's crazy.

Leasing prices make things look even sillier. You can get an A6 for half the price of that Focus.
Just think you can buy a C5 RS6 for £10k. It will do 18-20mpg it may cost £2k per year servicing budget but it would be vastly cheaper than the £27k focus titanium and you could have a Leon Cupra R for £4-5 k extra and you wouldn't lose much if any cash in both.

Utter madness. I'll never buy new buy used 3 years newest then own for min four years and always buy the best fastest model you can.
If you go to the supermarkets the mainstream cars can be very cheap at a few months old. My 8 month old Vectra was half it's retail price; not that I can imagine anybody would have paid it.

DoctorX

7,317 posts

168 months

Friday 20th April 2012
quotequote all
My Mondeo had a List price of £26500. Bought one year old, < 5000 miles, £13,500. Half price, thank you very much. Straightjacket required for anyone paying near list for that Focus.

Welshbeef

Original Poster:

49,633 posts

199 months

Friday 20th April 2012
quotequote all
DoctorX said:
My Mondeo had a List price of £26500. Bought one year old, < 5000 miles, £13,500. Half price, thank you very much. Straightjacket required for anyone paying near list for that Focus.
That's essentially a brand new car in my eyes.
After 5 years ownership in guessing it will be worth £3k worst case? So £2k per year depreciation £167pcm after 5 years give it to the wife to run for a further 5 years while you go out and buy a replacement repeat until you retire and require one car.

Job done. Cheap motoring.

You could have bought an RS6 for the same price.... With hardly any depreciation...

flatline84

1,060 posts

158 months

Friday 20th April 2012
quotequote all
The RS6 might be a bit of a gamble though, Ive read things about that cars that would make any accountant weep.

Lucky13

114 posts

150 months

Friday 20th April 2012
quotequote all
If you really, really, really want a new car lease one. Poor exchange rate on the pound, VAT going from 15% to 20% and inflation have all contributed in the last 3 years.

I sell cars. Spoke to a chap in the showroom today (very nice guy!) who had bought a new car 7 years ago from us. I saw him wince when he saw the price board next to a new car in the showroom and we talked about the very things above. Although the car in the showroom was very well equipped and great value compared to its competitors, i can't say new cars are good value for money anymore.

The only people who seem to go down the new route are the retired who want a specific spec or younger people on PCPs who like the lower monthly payments. Which brings me back to my first point, leasing would be a hell of a lot cheaper.


DoctorX

7,317 posts

168 months

Friday 20th April 2012
quotequote all
Welshbeef said:
That's essentially a brand new car in my eyes.
After 5 years ownership in guessing it will be worth £3k worst case? So £2k per year depreciation £167pcm after 5 years give it to the wife to run for a further 5 years while you go out and buy a replacement repeat until you retire and require one car.

Job done. Cheap motoring.

You could have bought an RS6 for the same price.... With hardly any depreciation...
Cheap motoring my arse. The reason I was in the showroom today was to be presented with a bill for £1000 for a new steering rack on a 32000 mile car just out of warranty. Looks like they're trying to get some of their money back that I saved....

daemon

35,909 posts

198 months

Friday 20th April 2012
quotequote all
Lucky13 said:
If you really, really, really want a new car lease one. Poor exchange rate on the pound, VAT going from 15% to 20% and inflation have all contributed in the last 3 years.

I sell cars. Spoke to a chap in the showroom today (very nice guy!) who had bought a new car 7 years ago from us. I saw him wince when he saw the price board next to a new car in the showroom and we talked about the very things above. Although the car in the showroom was very well equipped and great value compared to its competitors, i can't say new cars are good value for money anymore.

The only people who seem to go down the new route are the retired who want a specific spec or younger people on PCPs who like the lower monthly payments. Which brings me back to my first point, leasing would be a hell of a lot cheaper.
+1



DoctorX

7,317 posts

168 months

Friday 20th April 2012
quotequote all
I like the idea (and cost) of leasing. I don't like the ridiculously low mileage allowances or the 2-3 years of paranoia about keeping it mint such that you're not wallet-raped at the end of the deal.