First Car?

Fothsn

Fothsn

Fothsn

Soldato
Joined
2 Nov 2006
Posts
3,997
Location
Leeds, West Yorks.
Looking for a first car for a family member, now I don’t have a clue what to look for so here I am :D

Now this would be bought using a loan of around £3-4k I know it’s not the best of times to go about buying a car on a loan especially as a first car but there is no other means or sourcing this amount in one go, being looking at 1.4s due to lower insurance costs etc, what I’m liking most is the look of a an Audi A2 1.4 SE.

Okay guys what would your ideal car be for somebody who is 22+ and has around £3-4K?


Thanks :)

I know you get asked these all the time so sorry in advance :p
 
what does your 3 - 4k buy you

just the car ?

Have you

1) provisionned for insurance, first time insurance is thousands usually
2) provisionned for running costs. Servicing, tyres, consumables such as brake discs / pads all cost.
 
I would opt for a newer one with good safety. They cost more, but having had two crashes in short sucession of passsing my test and following the stats, I think its a wise move.
 
MrLOL said:
what does your 3 - 4k buy you

just the car ?

Have you

1) provisionned for insurance, first time insurance is thousands usually
2) provisionned for running costs. Servicing, tyres, consumables such as brake discs / pads all cost.
Click to expand...


Well that figure would be for the car ideally, insurance/maintenance would be paid using wages :D The loan is just for the car.
 
Wait. Think about what has just been said, you are going to get a 1.4 on borrowed cash due "to lower insurance costs". :confused:

Surely spend less on the car!

Fothsn said:
Okay guys what would your ideal car be for somebody who is 22+ and has around £3-4K?
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My "ideal" first car wouldn't come close to £4k, as the likelyhood of it either a) not being crashed (or bumped), or b) it becoming boring quickly is incredibly slim!

Secondly, this 22+ year old doesn't have £3-4K.
 
Class 04 said:
I would opt for a newer one with good safety. They cost more, but having had two crashes in short sucession of passsing my test and following the stats, I think its a wise move.
Click to expand...


Yeah the newer the car the better :p


How long after passing your test did you first crash out of curiosity?
 
paradigm said:
Wait. Think about what has just been said, you are going to get a 1.4 on borrowed cash due "to lower insurance costs". :confused:

Surely spend less on the car!
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Well yes what’s wrong with that? Insurance ideally needs to be the lowest I can get it, then after a few years move up in engine size and have lower insurance costs, looking at comparison sites between 1.4, 1.6 and 1.8 there is a huge difference in ££ on insurance per year.


Who doesn’t have 3-4K? :confused:
 
Fothsn said:
Yeah the newer the car the better :p


How long after passing your test did you first crash out of curiosity?
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Afew months, in Tesco car park. Tried to take a 90 degree turn at 30mph rushing to work...****. hit the kerb and screwed the subframe - £1100 to fix.

Second crash, going along quiet m3, woke up in hospital, remember nothing else. That was after six months.

Since then I've been involved in another crash when I was not driving, where drink drivers hit us. Got out lucky then too, as they smashed into my door.
 
Fothsn said:
Well yes what’s wrong with that?
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What's wrong with that? If you are already spending £4k of cash that you don't have, why not spend maybe £2k, and budget a bit more for insurance. At least that way, you won't end up with a slow, cruddy, base-model of something that was designed for blondes, that you will bore of within a few months, and will just be losing yet more money.

Also, why try and save £100-200 on the insurance when you are already financing £4k?

Fothsn said:
Who doesn’t have 3-4K? :confused:
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Oh I have no idea :rolleyes:

Fothsn said:
Now this would be bought using a loan of around £3-4k
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consider this

your first car will be a compromise owning your circumstances. The first thing in your mind at the moment is making sure its a low insurance group so its cheap to insure

this in turn is not a recpie for buying a long lasting car that will continue to give you enjoyment for years

consider also youre likely to prang your first car. We've all been there and done it, some of us even wrote off our first car too.

Dont spend 4k on your first car. Buy something cheap and cheerfull like a Fiesta Zetec for under a grand. Then upgrade when you can afford to insure something more interesting than a womans shopping trolley.
 
paradigm said:
What's wrong with that? If you are already spending £4k of cash that you don't have, why not spend maybe £2k, and budget a bit more for insurance. At least that way, you won't end up with a slow, cruddy, base-model of something that was designed for blondes, that you will bore of within a few months, and will just be losing yet more money.

Also, why try and save £100-200 on the insurance when you are already financing £4k?



Oh I have no idea :rolleyes:
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Right okay you tell me who buys their cars in cash? Not many what’s the big deal using a loan to purchase a car? :confused: You seem a very funny about something.

Yeah okay an Audi A2 is a woman’s car and wasn’t a good car to pick as an idea, to me a fiesta is a even worse woman’s car? I only see old women driving them :p Focus is a better one .
 
Fothsn said:
Right okay you tell me who buys their cars in cash? Not many what’s the big deal using a loan to purchase a car? :confused: You seem a very funny about something.
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No, I buy my cars in cash or loans, depending on the car. But bearing in mind the last car I bought financed (bank loan) was three years ago, when finance was cheap, the car cost 3 times that of which you are looking at, I didn't pay for 100% of the car on borrowed money, and it was more profitable to keep what money I had in an account building interest.

Scraping together £4k from a bank loan for a first car is a bad idea, plain and simple.

Fothsn said:
Yeah okay an Audi A2 is a woman’s car and wasn’t a good car to pick as an idea, to me a fiesta is a even worse woman’s car? I only see old women driving them :p Focus is a better one .
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A 1.25 Fiesta is a perfect first car, in zetec trim they actually look half decent, they are pokey for a small engine, and have that magical "cheap" insurance and tax you so desperately want ;)
 
Class 04 said:
Afew months, in Tesco car park. Tried to take a 90 degree turn at 30mph rushing to work...****. hit the kerb and screwed the subframe - £1100 to fix.

Second crash, going along quiet m3, woke up in hospital, remember nothing else. That was after six months.

Since then I've been involved in another crash when I was not driving, where drink drivers hit us. Got out lucky then too, as they smashed into my door.
Click to expand...
Err.. wow! Your premium must be high!
 
paradigm said:
No, I buy my cars in cash or loans, depending on the car. But bearing in mind the last car I bought financed (bank loan) was three years ago, when finance was cheap, the car cost 3 times that of which you are looking at, I didn't pay for 100% of the car on borrowed money, and it was more profitable to keep what money I had in an account building interest.

Scraping together £4k from a bank loan for a first car is a bad idea, plain and simple.



A 1.25 Fiesta is a perfect first car, in zetec trim they actually look half decent, they are pokey for a small engine, and have that magical "cheap" insurance and tax you so desperately want ;)
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I see what you are saying, but I haven’t come on here to discuss my finances and the wrongs and rights on buying a car with a loan, I just want an general idea on spending around £3k on a car, sorry but a 1.25 fiesta isn’t my sort of car.
 
with a car worth that amount... TPFT rather than fully comp.

edit: ah, I see you live in leeds. When I started driving I was living at my parents pretty rural low risk postcode which most likely helped loads.
 
Fothsn said:
Right okay you tell me who buys their cars in cash?
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Lots of people, especially reasonably low value (Sub £10k) cars.

For a first car, spend a grand on a Fiesta or something similar :)

sorry but a 1.25 fiesta isn’t my sort of car.
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I thought it was for a 'family member'? Either way, your first car is never 'your sort of car'. Thats the point. It's a first rung on the ladder, it's your gateway to better things. Just like your first house isn't a detatched place with a double garage..
 
PeterNem said:
with a car worth that amount... TPFT rather than fully comp.

edit: ah, I see you live in leeds. When I started driving I was living at my parents pretty rural low risk postcode which most likely helped loads.
Click to expand...


Yeah unfortunately live in a quite built up area, but the car would be kept on a drive, I was on my dad’s insurance for a while as I used his car to do a bit of learning in, is it okay to add parent onto a insurance policy? Does this generally bring the insurance down aswell?
 
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