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Ah is it? I didn't know that honestly. Will have a look.
Would be useful to get a price I should be aiming for on a Fiesta?
Fiesta MK8
- Thread starter Silly Goose On The Loose
- Start date
Ah is it? I didn't know that honestly. Will have a look.
Would be useful to get a price I should be aiming for on a Fiesta?
If you are spending that sort of money have you looked at the new Polo GTI plus? They are that £19,5k on DTD with a lot of gadgets (as standard), a faster engine, DSG gearbox and stronger residuals.
Depends on how long you intend to keep it and what you are comparing against.
Calculate the purchase price less residual value when you intend to sell, add in the cost of finance (if any) and get a estimated cost of ownership and determine what price YOU would be willing to pay. (I have ignored fuel / tax / servicing / tires etc as these are probably pretty similar if you are looking at new small cars). Honestly speaking in my opinion you would be mad to spend anywhere near that sort of money on a fiesta it would lose c£10k in depreciation in just a few years and that sort of cost of ownership gets you into much nicer car territory if you buy wisely.
Depends on how long you intend to keep it and what you are comparing against.
Calculate the purchase price less residual value when you intend to sell, add in the cost of finance (if any) and get a estimated cost of ownership and determine what price YOU would be willing to pay. (I have ignored fuel / tax / servicing / tires etc as these are probably pretty similar if you are looking at new small cars). Honestly speaking in my opinion you would be mad to spend anywhere near that sort of money on a fiesta it would lose c£10k in depreciation in just a few years and that sort of cost of ownership gets you into much nicer car territory if you buy wisely.
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Thanks all.
Basically, it needs to be small car, e.g. Fiesta, Corsa, etc. because otherwise insurance skyrockets. Fiesta for instance is only £40 more a year to insure than my current car (Mazda2).
So, total cost of the car is £19314, including things like number plates, VED, etc.
£1000 deposit by me + £1800 part-ex for my old car.
£333.50 per month * 24 months = £8004.
So if I give the car back after two years, it would be total £7204 if I've worked this out right (£8004 + £1000 deposit - £1800 part-ex)?
Basically, it needs to be small car, e.g. Fiesta, Corsa, etc. because otherwise insurance skyrockets. Fiesta for instance is only £40 more a year to insure than my current car (Mazda2).
So, total cost of the car is £19314, including things like number plates, VED, etc.
£1000 deposit by me + £1800 part-ex for my old car.
£333.50 per month * 24 months = £8004.
So if I give the car back after two years, it would be total £7204 if I've worked this out right (£8004 + £1000 deposit - £1800 part-ex)?
7200 plus your current car to drive a Fiesta for 2 years is certifiably insane. Don't do that.
I know you don't want a big car but for comparison sake, for that money over 2 years you can lease an Audi A6
https://www.selectcarleasing.co.uk/..._4dr_s_tronic/24/8000/3/81904-12442-2018.html
I know you don't want a big car but for comparison sake, for that money over 2 years you can lease an Audi A6
https://www.selectcarleasing.co.uk/..._4dr_s_tronic/24/8000/3/81904-12442-2018.html
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That is good advice.
If the cost of insurance is an issue in the slightest (assuming by your previous post you are young and/or haven't been driving long) spending £19k on a car probably isn't the wisest decision. Why not just get a decent used car for a few years until you have gotten more driving experience?
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I've been driving three years, so I've had an "old" car for that time. I'd like something new now.
That's useful thanks.
I don't need/want something like that though.
I basically want a small new hatch.
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Soldato
What's wrong with your Mazda2?
O/T: That A6 deal is even better over 48 months. Do like the look of those.
O/T: That A6 deal is even better over 48 months. Do like the look of those.
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Okay this is going to sound a bit mental but I've had a long running problem with the brakes squealing. It's driving me utterly demented and I've honestly lost the will to live trying to get it sorted out, I've taken it in so, so, so many times. I've honestly given up.
Plus, I fancy a change tbh!
Soldato
Buying a £20k Fiesta doesn't sound like an appropriate response to squealing brakes.
How old is it? Have you taken it to somewhere else?
How old is it? Have you taken it to somewhere else?
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Well as I say I fancy a change anyway.
Yeah I've taken it somewhere else, the issue is that often the issue will occur at random times but the only foolproof way to hear the noise is first thing in the morning when the brakes are cold. With that in mind, I've booked a mobile mechanic for tomorrow morning.
I know, it's just a demonstration of what such a large outlay gets you. Spending more money to effectively rent a Fiesta would just be flat out stupid frankly.
The problem with leasing is that options don't come cheap. If you could live without a car that parks itself, then the Focus 1.0T 140bhp ST Line can be had for £960 down then £160 per month. If you start adding options then the price gets silly.
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It's a bit too big sadly. I don't mean to sound difficult but I really do like the Fiesta as a car but I acknowledge the price is a large issue.
Part of the issue is the 2 year period, why have you opted for 2 years? That makes the whole arrangement needlessly expensive as that's where the biggest depreciation hit occurs, so whether you buy outright and sell later, finance on pcp and hand back, lease or otherwise you're paying exclusively for the most expensive period of ownership.
3 and 4 year arrangements will reduce the annual costs, if you will keep a car that long.
That being said, that applies to everything, the Fiesta is still in relative terms absolutely horrendous at those monthly costs for a car you won't even own afterwards.
3 and 4 year arrangements will reduce the annual costs, if you will keep a car that long.
That being said, that applies to everything, the Fiesta is still in relative terms absolutely horrendous at those monthly costs for a car you won't even own afterwards.
Looks a really good smaller car, with decent build and good spec for it's class. I don't think I could spend £17k+ on one.
Definitely look on Broadspeed though if you've made your mind up. Titanium X 125ps 5dr is £16,605 before the options you want to add.
Definitely look on Broadspeed though if you've made your mind up. Titanium X 125ps 5dr is £16,605 before the options you want to add.
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You get interest on +2 years, only 1.2% mind.
Soldato
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Really would be looking at a Corsa in that case mate. I don't need such a large car.
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Don't pay more for less.