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Car change due soon #492300
26th Mar 2011 10:02am
26th Mar 2011 10:02am
Joined: Mar 2009
Posts: 200
Woodchurch
I
insanekitty Offline OP
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insanekitty  Offline OP
Addict
I
Joined: Mar 2009
Posts: 200
Woodchurch
Good morning to you all.

I am due to get rid of my lease car soon and I am stuck between 2 options
1- Get another car on lease
2- Go out and buy a second hand car

Plusses for option 1 are that I can have another fuel efficient New car with no maintenance worries at a cost of about £2500 a year
Downsides are I dont own it and I cant modd it!

Plusses for option 2 are that I own it, I can modd it and change things to my liking and I can go for a larger car ie S Class Merc
Downsides are Upkeep, roadtax and maybe unexpected bills.

The used cars I was looking at vary quite a bit from an S Class Merc for all the bells and whistles, a Navara cos I have had one before and they are a lovely drive etc, or a cabriolet pref a merc because of the room in the back.

Any suggestions welcome many thanks

Steve

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Re: Car change due soon [Re: insanekitty] #492320
26th Mar 2011 10:37am
26th Mar 2011 10:37am
Joined: Dec 2008
Posts: 5,441
Birkenhead
BandyCoot Offline

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BandyCoot  Offline

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Joined: Dec 2008
Posts: 5,441
Birkenhead
Don't know how this fits in with your scenario but my old boy is in the business and when I said I was going to sack my lease car he advised me to pay it off and sell it because there is a premium still left on the lease car and I would have lost about 1K at least by just handing it back at the end of the lease period. It depends on what car and what the list price is when it goes back I think, either way they will just take it back and they trouser the 1K instead of you. Hope that makes sense.

Last edited by BandyCoot; 26th Mar 2011 10:38am.

Birkenhead........ God's own Room 101.
Re: Car change due soon [Re: insanekitty] #492886
27th Mar 2011 8:01am
27th Mar 2011 8:01am

A
Alex85
Unregistered
Alex85
Unregistered
A


My advice when people say they can get a cheap S class Merc or the like is just to be aware that it still has the running costs of an expensive car, even if it cost only a few £k to begin with.

I've always opted out of the company car scheme, preferring to take the car allowance each month - it means I can drive a more interesting car/cars that are a few years older. Why would I want a 120d when I could be driving a nice 4.4 V8 or a Z4?

Don't lease a car, get a car that has done the majority of it's depreciation and £2,500 will run something special. I can't imagine there are any interesting cars available to lease for about £200 a month?

Re: Car change due soon [Re: insanekitty] #492895
27th Mar 2011 8:15am
27th Mar 2011 8:15am
Joined: Oct 2010
Posts: 376
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Wiggi77 Offline
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Wiggi77  Offline
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Posts: 376
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Alex what car is your 4.4 v8?

Re: Car change due soon [Re: insanekitty] #492899
27th Mar 2011 8:35am
27th Mar 2011 8:35am

A
Alex85
Unregistered
Alex85
Unregistered
A


BMW 8 series!

Re: Car change due soon [Re: insanekitty] #492902
27th Mar 2011 8:42am
27th Mar 2011 8:42am
Joined: Oct 2010
Posts: 376
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Wiggi77 Offline
Old Hand
Wiggi77  Offline
Old Hand
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Posts: 376
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Nice cars. My mates got one in red. The v8 sounds awesome!

Re: Car change due soon [Re: insanekitty] #492906
27th Mar 2011 8:51am
27th Mar 2011 8:51am

A
Alex85
Unregistered
Alex85
Unregistered
A


Cool - is it local?

Re: Car change due soon [Re: insanekitty] #492910
27th Mar 2011 8:55am
27th Mar 2011 8:55am
Joined: Oct 2010
Posts: 376
Liscard
Wiggi77 Offline
Old Hand
Wiggi77  Offline
Old Hand
Joined: Oct 2010
Posts: 376
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No mate hawarden in north Wales

Re: Car change due soon [Re: insanekitty] #493059
27th Mar 2011 4:57pm
27th Mar 2011 4:57pm

A
Alex85
Unregistered
Alex85
Unregistered
A


Cool, there's a red one knocking around here, but it's a widebody (and in my opinion) ruined example.


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