First time buyer

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3 Jan 2006
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I had a thread recently regarding my girlfriend potential purchasing a Hyundai Getz and after looking around I'm a bit stuck.

Option A: Spend £2,000 on a used car like a Corsa, Fiesta or Yaris.
Option B: Get a loan to buy a nearly new card for a few grand
Option C: ???

I need some help. I don't want to buy a second/third/fourth hand car that may cost a lot in repairs in the long run. Many cars we are looking at are 2002-2003.

I know we could take a loan to buy a three year old car but am I right to be worried that previous owners may have ran it into the ground as its a PCP?

Any help is appreciated we are looking to get a car in the next fortnight. Thank you
 
Option A :)

No brainer. Statistics show you're likely to have some kind of bump, why do it in a newer and more expensive car?
 
I would say Option A too mainly because I try to avoid borrowing money.

There are a lot of guides on the internet about how to buy a used car, plus sites like honestjohn.co.uk and parkers.co.uk. Do your homework, learn what to look for and what to avoid, and you will be in a stronger financial position by following Option A.

Rgds
 
As long as you buy sensibly by doing your research on the car you want via hpi checks, service history checking, MOT checks etc you should be able to minimise your risk in buying a dud.

Out of the 3 you are looking at there I'd personnally go for either a yaris or fiesta plenty to choose from so you can afford to be fussy, :)
 
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