E89 BMW Z4
- Thread starter b3mor
- Start date
Did you trade anything in and did you get finance from Honda? That does sound like a stonking deal, how many miles had the car done?
The 1.8 is Si trim like yours. The only extra as far as I can tell is parking sensors.
Parkers suggests £11,505 for average (20k) miles on a 1.8, the one I've seen has done 5k.
Thanks, I confess when I saw the Nissan 350Z prices I was likeI must have one of those, but I'm guessing the running costs (especially fuel) would be mental. Also I don't think driving that on my usual 6 mile commute to work, half of that in stop start traffic would be much fun. Definitely some food for thought though.
I don't want such an old car, I've been driving old cars since I started driving 10 years ago and it is only when you get in a newer one that you realise how much nicer it is. I won't buy new , but anything 1-3 years old seems sensible.
I think they're a bit older than I'd like tbh. I drove a 52 plate and look how that ended up. Okay it was a diesel that was seemingly bound to go pop but anyway, I don't see the point in buying another 9ish year old car that could have something big go wrong that could write it off. I'm sure that Civic would be bullet proof, but it doesn't look half as nice as the new one does it?
Tried some insurance quotes, you weren't wrong about the S2000 so sadly that is off the list.
I have however spotted a June 2008 Civic Type R GT(?) with 45k on the clock for 10k from a dealer. The insurance is surprisingly only about £150 more than the 1.8 so I'll be having a look at that.
Thanks for the feedback all.
In all honesty it sounds like your pretty set on wanting something much newer, I just dont see how you can justify this if you are seriousely interested in getting money behind you for a house though? I think I find it exceptionally difficult to understand as I was in exactly the same position about 8 months ago. I could quite easily have gone and spent 10k on a car but it would completley have wiped out just about everything I had for a house, unless you have so much put away that you could drop 30k on a deposit I just dont see how you can justify 12.5k without affecting a deposit or your borrowing power with a large loan?
In terms of older cars it's always a little bit of a gamble. But then my last 3 on the trot have all been 8+ years old and aside from my Astra loving to drink oil none of them have given me any serious trouble, certainly not to the amount that I would have had to write one off for what it would cost to fix. As of yet my 9 year old MX-5 hasn't skipped a single beat. That Civic would be pretty bomb proof as you said.
On the flip side although there is the risk that an older car may go wrong, that Civic is only £5000, even if it went so biblicaly wrong it exploded leaving you with nothing but dust, you could buy an entire second one, and still have £2500 left compared to the costs you are talking for a newer one. Thats assuming it does go wrong, if it doesnt give you any trouble your £7000 up that you could instead put into a house. A more realistic scenario is that it has a few little bits go wrong, and you spend maybe a grand at most in repairs over the time you own it, making you a good £6000 up. This is before you even start factoring in depreciation.
If you just "want" a newer car, the vast majority of these points are irrlevenat, but if you are serious about wanting a house, I fail to see what a 3 year old Civic will give you over the 7 year old one for actual day to day use given the huge amount you would save.