What should i do next?
Author
Discussion

Fiesta5692

Original Poster:

57 posts

182 months

Sunday 8th July 2012
quotequote all
Basically for almost the past 3 years I've been sharing a 2007 fiesta with my mum.

In september I'm going to university which will involve driving 60 miles per day since i've decided i'm going by car.

I currently have around £1500 saved up to buy a car with but my mum says she will sell me the fiesta for £2250, about £750 less than its worth, however next september my sister will be 17 and the only condition with me buying the fiesta cheap is that she can learn to drive on it.

So what should i do next?

As far as i see it I've got 2 options:

-Buy the fiesta for £1500 now and owe my mum the extra £750.

-Buy my own car for around £1500.

The advantages with buying the fiesta is that its only 5 years old and currently i know theres nothing wrong with it, i also know its history. And it'll be cheap to run.

The downsides are it's the most basic fiesta possible (Studio) with no AC, electric windows or anything. It's also pretty slow being a 1.25.

The advantages of buying my own car (currently looking at a Ford Puma or MG ZR) are that i can find the spec i want, have something a little faster, and my sister won't have to learn to drive in it.

The downsides are, i could buy a car that 3 months later needs a load of work, it will be more expensive on insurance, tax and probably fuel.

So what should i do?

Be sensible or take a risk?

CapriV6S

421 posts

165 months

Sunday 8th July 2012
quotequote all
Take a risk. Theres 1987 Rover SD1 3500 V8 Vitesse on e-bay for £1100.

reggie82

1,376 posts

201 months

Sunday 8th July 2012
quotequote all
I'd buy my own car if i was you. You'll have something you want then and you're parents wont have a slight hold over it.

Codswallop

5,257 posts

217 months

Sunday 8th July 2012
quotequote all
Take a risk - it's more fun that way.

If you buy carefully, a £1500 car can be justas reliable and cheap to run as your current shared car.

Vilhelm

406 posts

172 months

Sunday 8th July 2012
quotequote all
Take a risk. Plenty of decent runabouts out there for £1500.

Riley Blue

22,922 posts

249 months

Sunday 8th July 2012
quotequote all
Rent a room where your university is, let your sister buy her own car and use that at weekends.

mrtwisty

3,057 posts

188 months

Sunday 8th July 2012
quotequote all
Puma.

More fun than a very fun thing.

ohtari

805 posts

167 months

Sunday 8th July 2012
quotequote all
I was in a very similar situation this year, named driver for a couple of years, with the need for my own car. Albeit the car in question was a nissan xtrail, so not cheap. I found myself an 01 focus for £1100. But I've since spent £500+ on a full set of tyres, a service and a clutch (all done myself).

A newer car should be fine with the clutch and general mechanics, but there's no guarantee service items won't need changed. I would also think very long and hard about this nonsense with letting your sister learn to drive in it. With you paying for the bills, you're going to be tearing your head out at the abuse she'll give the car.

IMO, get your own. But make sure you can afford the insurance for the next few years, because being a student (I know) money can be hard to keep.

Triumph Man

9,451 posts

191 months

Sunday 8th July 2012
quotequote all
CapriV6S said:
Take a risk. Theres 1987 Rover SD1 3500 V8 Vitesse on e-bay for £1100.
Absolutely that! What better way to stick 2 fingers up at your parents by roaring up in an 80's V8 exec car. Then leave them in a cloud of tyre smoke and un burnt super.

ETA: Became American and spelt tyre wrong :s

Edited by Triumph Man on Sunday 8th July 12:31

4keymonsta

11,638 posts

171 months

Sunday 8th July 2012
quotequote all
Buy your own car, otherwise you are going to end up with a car that you dont want that will turn itno a pool car between you and anyone else that needs to borrow a car. You will be the only one putting fuel in it and fixing it though because youve bought it.

N Dentressangle

3,449 posts

245 months

Sunday 8th July 2012
quotequote all
Take a risk.

Move out from your parents.

I can't honestly see how university can be any fun if you're still living with your mum and commuting there and back. Much of the value of the experience is in living and socialising with other students.

Forget cars for a few years: you'll have forgotten about Ford Fiestas fairly quickly, I would say. wink

tangerine_sedge

6,188 posts

241 months

Sunday 8th July 2012
quotequote all
N Dentressangle said:
Take a risk.

Move out from your parents.

I can't honestly see how university can be any fun if you're still living with your mum and commuting there and back. Much of the value of the experience is in living and socialising with other students.

Forget cars for a few years: you'll have forgotten about Ford Fiestas fairly quickly, I would say. wink
Yeah! What he said...

You will be at University, you will want to have lots and lots of sex. Your choice whether this is in the back of a shared Fiesta or in a proper bed. smile