Advice for a friend CC

[!Sargent_Mango!]

One of my closest friends earns about £30K a year.

He says he's gonna get a 5.2% APR loan over 4yrs, for I think about £16K for an £18K Volkswagen CC 2012 facelift model, with 20K miles on the clock.

Is this a good deal? A) for the car, and b) that sort of repayment?

He's not a massive petrolhead, but just wants a reliable car with good mpg and which looks stunning. The pics of the CC he showed me look jawdropping.

Would they drop much in value if purchased at £18k now for a 12 plate and that milage?!!

Seeing the pics, its got me interested in one!!!

Stunning car.

 

[Firestar_3x]

CC jaw droping? I suppose it could be classed as that when parked next to a Trabant.

 

[[TW]Fox]

The loan is a good deal and whilst its not the most exciting car in the world there is nothing fundamentally wrong with a CC either. They are really nice looking cars.

 

[teenwolf]

i like that car, it has some stunning lines and the wheels really match the car.

 

[Kenai]

Was very impressed with the CC I was in recently, much much nicer car than I expected.

 

[AndrewNR]

The loan is a good deal and whilst its not the most exciting car in the world there is nothing fundamentally wrong with a CC either. They are really nice looking cars.

My finance director at work has an '07 one - she seemed happy enough when she bought it 4 or 5 years ago.

Wouldn't be my choice if I was spending 18k, but each to their own; like Fox mentioned nothing wrong with it.

Cool story etc.

 

[GinG]

CC jaw droping? I suppose it could be classed as that when parked next to a Trabant.

Really?

I think these are a very good looking car!

Deal seems good on the loan, if that is the car he is after then go for it.

What engine is he looking at?

 

[Firestar_3x]

Yes, it's a good looking car for sure, but jaw dropping? No. I expect the ops head would fall off should someone show him a picture of an Aston.

 

[AndrewNR]

Yes, it's a good looking car for sure, but jaw dropping? No. I expect the ops head would fall off should someone show him a picture of an Aston.

I don't know why but I thought the OP said an Eos.

I had to Google 'CC' to see what they look like. I'd rather go BMW tbh.

How is this good looking? http://www.parkers.co.uk/cars/reviews/volkswagen/cc/saloon-2012/gallery/

Stick a Kia badge on it and people would say otherwise. Reminds me of my mum's old Omega.

 

[ahenners]

Director at work swapped his b8 a4 for one of these and loves it. I like the facelift, has some nice lines and looks pretty smart compared with the usual bland vw stuff

 

[rodenal]

For me the pre facelift is a great looking car - the facelift has ruined it.

 

[Dogbreath]

How is this good looking? http://www.parkers.co.uk/cars/reviews/volkswagen/cc/saloon-2012/gallery/

It's certainly not ugly, but it is in no possible way is it jaw dropping IMO.

 

[!Sargent_Mango!]

hmm

Well that sort of loan period seems massive to me. Its going to cost him about £380 a month for four years!

I think thats huge when only on a £30k salary.

That means hes borrowing nearly HALF his salary for this car.

I looked at this the other day, and presented two options to him:-


1) Get a pre-facelift 2010 plate for about £13-14k
2) Spend the £18k and get a 2012 plate facelift with 5k on the clock ex lease from an auction.

Presented with the two options above, which is most sensible given his financial circumstances?

 

[Jono8]

Which engine? 2.0 TSI yes?

 

[!Sargent_Mango!]

170 TDI.

I drove one the other day and I want one now!

Its rather fruity in terms of the midrange. Pulls really really well.

 

[rodenal]

I earn more than £30kpa before you even take into account the Mrs salary and tbh I wouldn't dream of spending £18k on a loan for a car but different people have different priorities I guess.

I would personally go for a pre facelift petrol or a pre facelift diesel if for whatever reason diseasel is needed - with the vag warranty