I drive a Kia Picanto at the moment and I’d like something a little bigger internally (the back seats are small and generally the space inside feels tight) and more boot space, but I don’t want an estate car. Tbh the ford focus is an ok sized car for me. I do like the small SUVs but I don’t think my budget would stretch to that (plus insurance would be higher for bigger engines).

ok cool.

the Skoda Yeti is well worth looking at but may come out at the top end of your budget. Great space, really good visibility, economic and affordable and well built. Just for your budget make sure it’s had its timing belt replace or that you factor that in (c.£500).

More affordable is the Kia Cee’d. Not the most exciting car but it’s superb value and well built.

Finally, Zafiras are super cheap, reliable and drive well with lots of space.

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this is awesome, thank you! Just what I wanted - I’m going to look into all of these now :smile: Thanks again.

Do they (and Corsas) still spontaneously combust?

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Once you get past a certain age / no claims the engine size and power of car becomes less of a factor on insurance claims than the actual value of it, so I wouldnt discount anything on that basis

I’m looking at 3-4 grand myself at the moment and pretty much every car maker has something that suits at varying levels of quality and reliability… This is the boring thread so naturally I’m obligated to recommend focus, golf, civic, clio, a3, etc etc

If you want a true value but boring car though then look at dacia logan…

I can’t stop looking at alfa romeos and old Mercedes

No way can you get a yeti for 3 grand yet can you??

Ah ok that’s good to know, i’m 35 so that should help, but I haven’t got any no claims as I worked in London for years and commuted by train so didn’t have a car until March this year (TV doesn’t drive).

Cool, thank you, I will look into the cars you’ve suggested too :smile:

Ha, yeah I keep looking at cars that are like £20k :disappointed_relieved:

you can get them for under 5 on autotrader

Parkers.co.uk I’ve always found useful for car reviews and guidance, but don’t take it as gospel, there are peaches and lemons of every model!

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My car failed its mot quite badly on Saturday so I’m scrapping it and therefore have no car!

I think I want a Nissan Juke but my budget doesn’t stretch to one. What are your thoughts on leasing a car? Either PCP where you pay a deposit and have the option to buy at the end of the agreement, or PCH where you literally just lease the car and have no option to buy.

If you can afford the monthly repayments on a decent one, I’m all for it. Based on your criteria above I’d imagine it’d be £250-300 a month or so for a family hatchback etc.

You can get deals with maintenance included so that includes annual MOT and servicing which always seems like a good idea. Doesn’t include insurance though obviously.

But yeah I’d lease if I could afford it. I just buy cheap second hand bangers instead.

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my missus leases her car. I think it’s a fairly good deal if you need to use a car every day (e.g. for a commute) so you can treat it like a regular expense for something that’s essential. Anything you can put into the deposit helps.

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one thing to mention is about what you use your car for/if it’s likely to get damaged. This could be an issue when it comes to handing it back in. Wear and tear is expected but scuffs/scratches/upholstery issues that can’t get be fixed via a valet could be expensive.

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It depends if you’re dead set on a brand new car. PCP/leasing is fine but you’ll have no asset at the end of it, except possibly some equity if you go PCP.

If you can settle with something a few years old then it might be worth looking into a personal loan - at least you’ll have an asset at the end of it.

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I signed a PCP contract earlier this month.

With a PCH, you are expected to put down a deposit (few grand) and make (cheaper) monthly payments. At the end of the contract you have no equity and will need a new deposit.

With a PCP, you put down a deposit and make monthly payments. At the end of the contract the value of the car (a lot depends on mileage) is assessed. Either you did fewer miles than contracted (expect a small bit of money back) or more miles (expect less money back and an additional charge – defined in the contract).

We bought a mid-spec VW Tiguan with a £4k deposit (£2k as a dealer contribution special offer and £2k from exchange of our current vehicle) and monthly payments of approx. £300 a month for 48 months. The car has an OTR price of £28k.

Good things about this deal for me:

  • No need to find a deposit, although this is comprised of the trade in of an asset I own and a special offer. You might need to find a deposit in your situation.
  • No need to worry about what to do with an asset. I didn’t fancy privately selling our current car and it started to develop quite serious faults.
  • Flexibility to shop around at the end of the PCP deal.

With that last point: there’s a good chance you will not be able to afford the balloon payment. With PCP, you are free to shop at a different dealer, brand etc. You may even finance the rest through a bank loan or however else you wish to do it.

There’s a fixation to own your asset and acquire equity. But you will end up with a highly depreciated asset that has little use and a small residual value.

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There should be a forum badge given to those who read this post

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It’s a good post. I don’t own a car any more (can fortunately walk or cycle into the city centre where my work is no probs), so just use a car club vehicle as and when required. Think I mentioned it upthread - http://www.co-wheels.org.uk/ Works well. Has deffo swayed me away from the merits of needing to ‘own’ a rapidly depreciating ‘asset’, so one of these hire agreements seems like a more logical proposition should I ever need to have a permanent vehicle.

For better or worse, outright ownership just seems to be a dying concept, and not just with cars. Seems to be all about hire or subscription. I guess homes still have a strong logic behind ownership. Even that might not be a scenario that can be sustained forever, though.

Back to cars, we’ve got some Nissan Leaf electric pool vehicles at work. They’re good. And obviously the way things are going. But they’re 20-odd grand. And the battery apparently needs fully replacing after not very many years at all. Doesn’t sound like a very logical thing to purchase whichever way you slice it, so seems likely that some form of hire purchase will very much be the way with fully electric cars, too.

Have read some interesting stuff about how driverless cars will more likely be something we’ll summon like taxis rather than buy to have all to ourselves. Makes sense, I suppose. A driverless car needn’t stay parked and less ‘downtime’ is more efficient. So probably likely that as well as more widespread car club pools there’ll be an AirBnB type setup, too, where richer individual private owners hire out their (other) car to plebs by the hour when they’re not using it. Insurance issues would need to be ironed out, I guess.

Blah. That unintentionally long and rambling post has drifted well away from the gist of the thread and into an alternative territory entirely. :zipper_mouth_face::slightly_smiling_face:

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Renault (I think) will lease you the batteries. Meaning the capital cost of the car is lower and you are more affordably able to replace them once the battery health deteriorates.

I read different things about the lifespan of batteries. There’s evidence to suggest they last longer than first expected, and, once replaced they may be used to store grid energy in a variety of situations – which will be one of the more important ways electricity consumption patterns will change within the next five years.

Sorry, I am a bid advocate for this sort of stuff, mostly because I want it to work.

Well that’s two good upsides I didn’t previously know about. :+1:

A while back, before it was obvious that electric cars were gonna become a huge thing and then likely future of vehicles, I assumed hydrogen would be the way forward because of the apparent similarities to current fuel. But it seems like the option requiring the biggest paradigm shift has the brightest future.

^Another digression from the thread’s purpose. Sorry.

Thank you for all of the replies. I decided to go with PCP for a Nissan Juke which I pick up tomorrow (yey!). I’m not overly fussed about owning a car as they depreciate so quickly, but I have the option to pay the balloon payment at the end and own the car, or use the equity in it for a new one (or just walk away). I’m really happy with the decision as it’s the only way I’ll be able to afford a new car and this car has loads of cool shit that it does (that I have no idea how to work!).

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