Erie Fred
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I have never been to Los Vegas if your asking.....
- Thread starter AVI_8
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The only new cars I have bought were when I worked for Rover as we got employee discount so I would buy a car, keep it for 12 months then sell it private for about what I paid then buy another on the scheme
premmington
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I like these - at a quick glance they sort of look like an early two door G class and they got a 2.9 Merc diesel engine in them.
Had a customer that had one with a 2.3 petrol Merc engine in it from the factory - rust killed this one thou...
Never driven a derv one - only the petrol one I used to service and repair...
I have never been to Los Vegas if your asking.....
Doesn't need to as there is a lending library very close to him ..... allegedly
addjunkie
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Its available in most places, not just Vegas…but what happens in Vegas stays in Vegas!I have never been to Los Vegas if your asking.....
I had a look recently at the newer versions of this, if your a buyer of new, they dont seem badly priced and drive quite well. Their new pickup same running gear drives well too. The Rexton commercial for example seems good value, as a work horse. Or if big towing motors are you thing you could buy two for the price of a similar specced Discovery or similar.
premmington
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Ssangyong dealership network is still strong - alive and kicking.
daedalusminos
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The problem with PCP is the balloon payment....it's usually far higher than the actual value. Essentially everything else totals the list price.
If you can get 0%, a good initial deal and low or zero deposit...and hand it back at the end it's not so bad. Don't forget the monthly payments are fixed and therefore reduce relative to inflation.
At the end of the day you're paying for the depreciation just as you would if you bought a new car outright.
If you can get 0%, a good initial deal and low or zero deposit...and hand it back at the end it's not so bad. Don't forget the monthly payments are fixed and therefore reduce relative to inflation.
At the end of the day you're paying for the depreciation just as you would if you bought a new car outright.
Pigeon_Droppings2
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PCP works very well for me but I only ever buy cars that I can afford to buy outright...usually sub £30k.
It lets me delay the full payment and gives me a valuable option to hand the car back. The main cost is the interest rate difference (PCP Vs bank interest)
In the case of our EV the actual market depreciation seemed to be around £5k higher!...so I handed it back.
It lets me delay the full payment and gives me a valuable option to hand the car back. The main cost is the interest rate difference (PCP Vs bank interest)
In the case of our EV the actual market depreciation seemed to be around £5k higher!...so I handed it back.
daleyd
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Don’t forget, without people buying new cars your source of secondhand vehicles will soon dry up or start to get more expensive.
I’ve had a few new cars, but usually keep them for 7-8 years so after taking the initial depreciation hit it kind of evened out. It suited me at the time as I was working away a lot and having new cars under warranty - and as they got older at least we knew the history. It kept the missus happy as I wasn’t often there to sort stuff out. It helped we only ever had to have one car, as I’ve been fortunate enough to have had company vehicles for most of the last 25 years. I was lucky enough to buy my company car 4 year old 5 series beemer at the end of its lease for very little (relatively speaking) a few years back, which was a nice perk.
Having said that I think the next one will be probably a year old, low mileage one, as I am home more often now.
I’ve had a few new cars, but usually keep them for 7-8 years so after taking the initial depreciation hit it kind of evened out. It suited me at the time as I was working away a lot and having new cars under warranty - and as they got older at least we knew the history. It kept the missus happy as I wasn’t often there to sort stuff out. It helped we only ever had to have one car, as I’ve been fortunate enough to have had company vehicles for most of the last 25 years. I was lucky enough to buy my company car 4 year old 5 series beemer at the end of its lease for very little (relatively speaking) a few years back, which was a nice perk.
Having said that I think the next one will be probably a year old, low mileage one, as I am home more often now.
Moose McAlpine
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I bought my A6 2 years old for 24k off the new price. The depreciation on new cars is unreal.
Pigeon_Droppings2
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As above...if you can find something 1-2 years old then you can get a bargain.
My only worry was I could end up with a handed back lemon...but it's a small risk I think.
Also i only every buy cars with 5+ year warranties...that way if I choose to own it at the end of the PCP it still has a warranty!
My only worry was I could end up with a handed back lemon...but it's a small risk I think.
Also i only every buy cars with 5+ year warranties...that way if I choose to own it at the end of the PCP it still has a warranty!
I bought a one owner, low mileage, with what was left of the manufacurers warranty, with several months of simply bring it back warranty from the dealer . . . and then shipped it half-way around the world, rather outside the main dealer network . . . nearest authorised recall work dealers are in Finland and Germany . . . so I'm not sure I have anything sensible to add to buying nearly new
The thing is....I can see that a lot of people who might well have been s/h buyers in the past - are going new on lease.... because buying used is getting to be a far more risky proposition DUE to the reliability/repair cost of even relatively young cars now.Don’t forget, without people buying new cars your source of secondhand vehicles will soon dry up or start to get more expensive.
I’ve had a few new cars, but usually keep them for 7-8 years so after taking the initial depreciation hit it kind of evened out. It suited me at the time as I was working away a lot and having new cars under warranty - and as they got older at least we knew the history. It kept the missus happy as I wasn’t often there to sort stuff out. It helped we only ever had to have one car, as I’ve been fortunate enough to have had company vehicles for most of the last 25 years. I was lucky enough to buy my company car 4 year old 5 series beemer at the end of its lease for very little (relatively speaking) a few years back, which was a nice perk.
Having said that I think the next one will be probably a year old, low mileage one, as I am home more often now.
I get it (to a point) that Mfrs are happy that the situation is pushing new unit sales - but both they and the Lease Co's NEED a thriving used market - as the trade-in / resale of vehicles to 2nd owners is a big part of new sales.
Super-high depreciation, unattractive used cars (due to fears of reliability coupled with massive repair bills as well as what seems very much to be a poorer after-sales parts and support FOR a used car - with the huge complexity of electronics coupled with more fragile everything) .... is putting off used buyers. That has to adversely impact new vehicle sales sooner or later.
Apparently the average age of cars in the UK is the oldest it has ever been. One has to speculate that this is a reaction to used buyers both not trusting newer used car offerings, while not able or willing to join the new car lease/buy (with again the significant costs of same being prohibitive).
Erie Fred
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Why isn't a loaner being provided from the leasing company ?
"leasing" is supposed to be "leasing transportation" not one particular
vehicle, and when it's down, you don't have any transportation.
The tow truck/wrecker that took it away should have brought a functioning
replacement on arrival.
Not the exact same model, but similar Form, Fit, and Function.
"leasing" is supposed to be "leasing transportation" not one particular
vehicle, and when it's down, you don't have any transportation.
The tow truck/wrecker that took it away should have brought a functioning
replacement on arrival.
Not the exact same model, but similar Form, Fit, and Function.
premmington
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The big dealerships and lease companies - have a low opinion of "renters" in the UK @Erie Fred - PHP "renters"
They as the bottom of everybodies list of priorities - as the deal they signed - is not "consumer law" friendly - it is a sort of "grey area" - "business to business contract law".
"Motab" - the provision for disabled cars for people on PIP (full rate PIP) - has not helped this..
Been some abuse (questioning) over the PIP and mobility transport in the UK - but I strongly agree with the provision of "mobility cars". It is a difficult customer base to deal with for sure. This sector of the market place - are gonna run out of people (garages) that want to deal with them into the future...
The rules over - disability cars - do need "tidying up" - but I do think those that need one - as a high rate tax payer - "should get one" - without driver restrictions....
Erie Fred
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I wonder if "renting" a car is treated differently ?
While I've never rented a car, many around me have.
Go to Florida by plane, pick up a rental in Orlando for the week, etc.
I do know that when they have a problem, broke down, etc. a simple
call will bring a replacement quickly.
While I've never rented a car, many around me have.
Go to Florida by plane, pick up a rental in Orlando for the week, etc.
I do know that when they have a problem, broke down, etc. a simple
call will bring a replacement quickly.
premmington
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They in the UK - pushed a weeks car rent to three years in the UK.
I know it sounds an odd concept - to you - but they did.
The called it "PHP" - leasing - but it is car rental - simple as - call it "Hertz" in your mind...
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Car rental does has it place - but not in long term "ownership" - I will reword this - "longterm USE"....
