Suggestions for New Car - Spending 30k foolish?
Suggestions for New Car - Spending 30k foolish?
Author
Discussion

b80

Original Poster:

197 posts

125 months

Friday 28th August 2020
quotequote all
Hi Everyone,

Would be good to get some ideas/inspiration for a potential car change.

At present I drive a 14 plate 1.8 Civic. Cheap, reliable, but pretty dull.

For the past couple of years I've been browsing autotrader to upgrade to something more enjoyable. Test drove 1-3 year old Golf R, S3, Golf GTI, Lexus IS300 and most recently a 17 plate B9 S5 Sportsback.

Absolutely loved the S5. Good blend of performance, great interior, looks, grip, practicality etc Really made me smile after 2 test drives.

At present I do around 4000 miles a year, mostly to and from work and every other weekend with my daughter. My heart says buy it, but head over rules and says 30k is too much for me to drop on a car.

Same time I've spent so much time on autotrader I'm sure I'd enjoy an upgrade, but is 30k crazy for my usage? Mortgage paid off os wouldn't be putting myself on the line financially.

So I'm hoping you guys can offer some suggestions please. When I look at older performance cars I'm always concerned they may be unreliable, so end up leaning towards newer cars. What do you guys reckon?

Cheers!

anonymous-user

83 months

Friday 28th August 2020
quotequote all
Only you know your financial situation but if it's money you can afford to lose, mainly depreciation, and your heart truly wants it, not just a short term desire/flavour of the month, then go for it!

If it were me and I was spending 30k plus doing low miles I would be buying something more interesting than an S5. Probably something with a V8 in just so I can listen to a sweet soundtrack.

Whatever car you decide to get, go with your heart over your head once you know you're financially secure on it.

Just to throw a curveball in, have you got a motorbike? I thought I was going to love cars until the end of time until I got my motorbike licence. Now cars are just A to B transport for me smile

b80

Original Poster:

197 posts

125 months

Friday 28th August 2020
quotequote all
AJ5641 said:
Only you know your financial situation but if it's money you can afford to lose, mainly depreciation, and your heart truly wants it, not just a short term desire/flavour of the month, then go for it!

If it were me and I was spending 30k plus doing low miles I would be buying something more interesting than an S5. Probably something with a V8 in just so I can listen to a sweet soundtrack.

Whatever car you decide to get, go with your heart over your head once you know you're financially secure on it.

Just to throw a curveball in, have you got a motorbike? I thought I was going to love cars until the end of time until I got my motorbike licence. Now cars are just A to B transport for me smile
I was initially considering ISF's but the 2012/13 examples have rocketed in value since lockdown. Now advertised around 27/28k, unless you but a 12 year old example for around 13k. Like the idea of Lexus due to their track record of reliability.

I was also looking at the RCF but not sure how practical they are - don't thinkg the rear seats fold.

I guess other v8's could be Merc C63 and RS4, or M3. Running costs could be another level though. I suppose as long as they don;t have a mahjor issue, running costs may not be as bad as the depreciation on a newer S5.

Thanks for the suggestion about bikes, but doesn;t appear too much in all honesty. Just want one vehicle that can do a bit of everything.

Subculture

42 posts

73 months

Friday 28th August 2020
quotequote all
There was 19k miles 2016 GS-F listed on here for £32k. These would be a better bet over an older ISF for not much less.
Yes if doing just 4K a year I would go for some thing with more drama like a V8.

ZX10R NIN

30,507 posts

154 months

Friday 28th August 2020
quotequote all
b80 said:
Hi Everyone,

Would be good to get some ideas/inspiration for a potential car change.

At present I drive a 14 plate 1.8 Civic. Cheap, reliable, but pretty dull.

For the past couple of years I've been browsing autotrader to upgrade to something more enjoyable. Test drove 1-3 year old Golf R, S3, Golf GTI, Lexus IS300 and most recently a 17 plate B9 S5 Sportsback.

Absolutely loved the S5. Good blend of performance, great interior, looks, grip, practicality etc Really made me smile after 2 test drives.

At present I do around 4000 miles a year, mostly to and from work and every other weekend with my daughter. My heart says buy it, but head over rules and says 30k is too much for me to drop on a car.

Same time I've spent so much time on autotrader I'm sure I'd enjoy an upgrade, but is 30k crazy for my usage? Mortgage paid off os wouldn't be putting myself on the line financially.

So I'm hoping you guys can offer some suggestions please. When I look at older performance cars I'm always concerned they may be unreliable, so end up leaning towards newer cars. What do you guys reckon?

Cheers!
If you're only doing 4k a year then I'd be looking at an RS5 over the S5, the depreciation will be lower on the RS which will offset some of the running costs plus it will always be more desirable than the S5.

I'd take a look at the RC-F as they're a special car with S5 running costs:

https://www.autotrader.co.uk/car-details/202007251...

https://www.autotrader.co.uk/car-details/202007311...

RS5

https://www.autotrader.co.uk/car-details/202008022...

https://www.autotrader.co.uk/car-details/202006049...

https://www.autotrader.co.uk/car-details/202008283...

You'll get a very nice last of the line 6.2 C63:

https://www.autotrader.co.uk/car-details/202008132...

https://www.autotrader.co.uk/car-details/202007271...

https://www.autotrader.co.uk/car-details/202006250...

BMW M2

https://www.autotrader.co.uk/car-details/202007241...

https://www.autotrader.co.uk/car-details/202008062...

https://www.autotrader.co.uk/car-details/202006250...

M4

https://www.autotrader.co.uk/car-details/202008162...

https://www.autotrader.co.uk/car-details/202007211...

IS-F's are a good pick & they're holding their money really well:

https://www.autotrader.co.uk/car-details/202007081...

Leftfield:

4.4 M6

https://www.autotrader.co.uk/car-details/202003218...

ZX10R NIN

30,507 posts

154 months

Friday 28th August 2020
quotequote all
No you're not foolish if you can treat yourself then do so.

Here's an alternative to the S5:

https://www.autotrader.co.uk/car-details/202008202...

Mr Tidy

31,182 posts

156 months

Friday 28th August 2020
quotequote all
If I was doing just 4,000 miles a year and wanted to treat myself with £30K I'd be looking for a manual Mustang GT.

Actus Reus

4,312 posts

184 months

Saturday 29th August 2020
quotequote all
I’d be looking at Porsche Caymans at about that money and mileage. Are back seats necessary?

MalcXFR

628 posts

77 months

Saturday 29th August 2020
quotequote all
As soon as my annual mileage dropped to 6K I bought the XFR, as 21 average MPG no longer matters!!

anonymous-user

83 months

Saturday 29th August 2020
quotequote all
I've worked my way up to £30k cars over the years (cash buyer).

Like OP no mortgage low miles but wouldn't move now on a car.

I tend to change every couple of years and look at cost to change and pre reg or ex demo, something with a bit of poke, a warranty and also a degree of functionality (ie I can fit golf clubs in the boot or fold the rear seats)

£30k can get you an almost new BMW 240i, a 19 plate 340i - straight six B58 engines both reliable, servicing reasonable. If you went the Lexus route for reliability 69 plate IS300h are going for £25k and are bombproof as expected as being discontinued in the UK. RCF's £25K plus, ISF's some dealers are taking the mick at the moment.

Personally I would leave things for now. Massive shortage of used vehicles and prices are all over the shop. When the manufacturing back log gets back to speed and furlough ends in October I'd expect £30k to get you more bang for your buck.

2 sMoKiN bArReLs

31,986 posts

264 months

Saturday 29th August 2020
quotequote all
Life is short.

If you can afford it buy something that makes you happy.

Durovigutum

9 posts

77 months

Saturday 29th August 2020
quotequote all
slowpeddler65 said:
I've worked my way up to £30k cars over the years (cash buyer).

Like OP no mortgage low miles but wouldn't move now on a car.

I tend to change every couple of years and look at cost to change and pre reg or ex demo, something with a bit of poke, a warranty and also a degree of functionality (ie I can fit golf clubs in the boot or fold the rear seats)

£30k can get you an almost new BMW 240i, a 19 plate 340i - straight six B58 engines both reliable, servicing reasonable. If you went the Lexus route for reliability 69 plate IS300h are going for £25k and are bombproof as expected as being discontinued in the UK. RCF's £25K plus, ISF's some dealers are taking the mick at the moment.

Personally I would leave things for now. Massive shortage of used vehicles and prices are all over the shop. When the manufacturing back log gets back to speed and furlough ends in October I'd expect £30k to get you more bang for your buck.
This is good advice. If you have to go now it seems a lease would be best, but everyone I know trying to buy a used car at the moment is struggling to find anything sensible, while the dealers can’t keep up. Come early December and I suggest the wind will have changed.

lost in espace

6,579 posts

236 months

Sunday 30th August 2020
quotequote all
Boxster or Cayman, 987.2. Keep the Civic!

b80

Original Poster:

197 posts

125 months

Sunday 30th August 2020
quotequote all
Thanks everyone, appreciate all the responses.

I was seriously considering a Lexus F car before, the reliability factor is/was a big sway for me.

One of the issues is practicality. I don't want to run 2 cars and as I'm the only person in the household (apart from my young daughter) this will be the only care vehicle available to me. Although I'm not handy and doing regular runs to the tip, getting something like an RCF, or any kind of 2 door couple with small rear benches and boot appears like it could cause issues down the line if doing weekends/few days away with my daughter, or new girlfriends.

Something like the S5 sportsback seems a good balance across the spectrum,.If any RCF's do turn up near me I may take a closer look. I know Audi's don;t always get the best feedback on here, but I thought the car was immense... but then I'm not a proper petrolhead and maybe easily impressed!

Good shout with waiting a few months, tbh my head is also telling me the same, but something about the test drive really got the blood pumping with buying a sportier car!

I did take a Lexus IS 300H out earlier this year and thought it was decent, but obviously not in the same league as most cars mention in this thread when it comes to performance.

ZX10R NIN

30,507 posts

154 months

Sunday 30th August 2020
quotequote all
What about a Kia Stinger GT S:

https://www.autotrader.co.uk/car-details/202006190...

https://www.autotrader.co.uk/car-details/201910052...

https://www.autotrader.co.uk/car-details/202008262...

https://www.autotrader.co.uk/car-details/202008072...

If you're looking for an S5 Sportback I really think you should test drive one of these, with your budget you'll get one with 4 years worth of warranty left too.

Here's a readers thread on one:

https://www.pistonheads.com/gassing/topic.asp?h=0&...

b80

Original Poster:

197 posts

125 months

Monday 31st August 2020
quotequote all
ZX10R NIN said:
What about a Kia Stinger GT S:

https://www.autotrader.co.uk/car-details/202006190...

https://www.autotrader.co.uk/car-details/201910052...

https://www.autotrader.co.uk/car-details/202008262...

https://www.autotrader.co.uk/car-details/202008072...

If you're looking for an S5 Sportback I really think you should test drive one of these, with your budget you'll get one with 4 years worth of warranty left too.

Here's a readers thread on one:

https://www.pistonheads.com/gassing/topic.asp?h=0&...
Cheers, I will take a closer look, but there is an element of badge snobbery going on from my end if I'm being completely honest biggrin

I'm happy to spend substantially less than 30k, the 30k is just what the S5's are currently priced around.

nickfrog

25,211 posts

246 months

Monday 31st August 2020
quotequote all
Would an M2 be big/practical enough? You can just about buy AUC for £30k and prices should soften a bit in the months to come.

b80

Original Poster:

197 posts

125 months

Monday 31st August 2020
quotequote all
nickfrog said:
Would an M2 be big/practical enough? You can just about buy AUC for £30k and prices should soften a bit in the months to come.
pushing it I think as it will be only house in family and want a bit more cabin and boot space


anonymous-user

83 months

Monday 31st August 2020
quotequote all
Terrible idea above buying something like a M240 / IS 300H, the depreciation will be massive nearly new.

I’d be looking at something like this, 5 years old, E63 Wagon (5.5TT), plenty of room, plenty fast enough, low depreciation (a fair few around this price).

Or the much newer C63, https://www.autotrader.co.uk/classified/advert/202...

The S5 is a pretty dull car, it isn’t ‘special’, the RS5 is.

b80

Original Poster:

197 posts

125 months

Monday 31st August 2020
quotequote all
Lord.Vader said:
Terrible idea above buying something like a M240 / IS 300H, the depreciation will be massive nearly new.

I’d be looking at something like this, 5 years old, E63 Wagon (5.5TT), plenty of room, plenty fast enough, low depreciation (a fair few around this price).

Or the much newer C63, https://www.autotrader.co.uk/classified/advert/202...

The S5 is a pretty dull car, it isn’t ‘special’, the RS5 is.
Just carried out a few autotrader searches and they look like a good shout actually. Have to weigh up higher maintance, AMG parts tax etc v depreciation on newer cars on the next rung down.

The thing is, at 5 years old they're pretty much all being sold by independent traders/dealers. I'll do my own research into them; read forums about what to look out for, run searches, service history etc, but I'd still be concerned about buying something where the gearbox or other expensive items are screwed or on their way out as I have no clue mechanically.

I know RAC do checks that are apparently hit and miss, are there people (experts) that provide services for checking cars like this over? I'd happily pay decent money for some piece of mind during the purchase process.