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Hi all,
I'm looking to buy a focus titanium 1.0 ecoboost and wanted your opinions on the best route.
Looking on auto trader I can get a 2/3 year old model for around the £8-9000 mark. I'm only planning on keeping the car for 2 years. I'm guessing I should be able to get £5-6000 come selling time so a very very rough figure of £3000 Depreciation as long as no repairs are needed.
Now with ford privilege I can get a new titanium for £189 deposit plus 24 months x £189 so a total of £4725 for 2 years.
What do you all think? Do my figures on the used car seem reasonable and do you think it's worth the extra for a new car vs used. The extra money is no problem for me but I like things to make financial sense.
I'm looking to buy a focus titanium 1.0 ecoboost and wanted your opinions on the best route.
Looking on auto trader I can get a 2/3 year old model for around the £8-9000 mark. I'm only planning on keeping the car for 2 years. I'm guessing I should be able to get £5-6000 come selling time so a very very rough figure of £3000 Depreciation as long as no repairs are needed.
Now with ford privilege I can get a new titanium for £189 deposit plus 24 months x £189 so a total of £4725 for 2 years.
What do you all think? Do my figures on the used car seem reasonable and do you think it's worth the extra for a new car vs used. The extra money is no problem for me but I like things to make financial sense.