Decided on a car I want, not sure if to buy NEW or USED!

Discussion in 'Motoring' started by figoagogo, Aug 19, 2012.

  1. figoagogo

    figoagogo
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    Hi

    I have a bit of a dilemma, I have decided the right car for me/family is a Skoda Octavia VRS Estate Diesel. Its practical (boot space/kit) and had a bit of fun thrown in.

    I am really not sure what to buy in terms of new or used. At the moment I have these options.

    USED
    7km on the clock/1yr old - owened by Skoda
    Its in white, good condition, some very minor scratches on the handle of the drivers side, everything else looks tip top.
    £16490
    The only extra it has is Xenon light (worth £760).
    I have managed to negotiate £4000pt ex, service, 1yr road tax, mats (although these come as std - but it seems to be missing them).
    Cost to change is £12490 - likely to be financed by a personal loan (5.8%), 60 months @ £239

    OR

    NEW
    Inc new trim (just some carbon effect look etc).
    Could choose colour
    If I add Xenon for comparison, then take off the VAT (as per the current offer) its £19460.
    I have managed to negotiate £4250pt ex, plus £500 discount... and if I take their finance another £500 off, and "free" 3 years service.
    Their finance is 7.4% apr for comparison, about £250/month (41 months) then a final payment of £6390.

    What is the wise move? The cheaper 2nd hand, or the more expensive but more perks of new?

    I don't see that I can move any more on the used car, as I have tried, new I may have a touch more leverage as I have not actually negotiated on that yet, but I have on a similar deal.

    Ignoring the car choice :laugh: what in your opinion is the best option? Is new a good deal?
     
    Last edited: Aug 19, 2012
  2. IronGiant

    IronGiant
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    How much more in cash terms will the new one cost?. It's too hot to do sums here :)
     
  3. Trollslayer

    Trollslayer
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    7 kilometres or 7,000 miles?
     
  4. IronGiant

    IronGiant
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    Good Question... :)
     
  5. figoagogo

    figoagogo
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    7km - lol - thats my work for you (cable sold in meters and km etc!). I meant to say 7000 miles!

    Cost to Change...

    NEW about 14210 (not negotiated hard on this, but I dont see much fleixibility)
    USED 12490
     
  6. gangzoom

    gangzoom
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    For the difference of only £2K over few years go for the new one :)
     
  7. NewBeetle

    NewBeetle
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  8. figoagogo

    figoagogo
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    That seems a very good deal inc the extras (dont like the black wheels though!), @ £18,000, drive the deal is £17250 on a base diesel estate vrs.

    Problem is I am in the NW, and I presume their Px and finance may not be as good?

    The price I gave is from the price list, less VAT + Xenon, but then take off £1000 (£500 x 2 discounts) - but I have not actually negotiated on this exact model yet.

    From what you have shown me there seems to be a lot of room for move, but I aint getting that vibe... I may just stand my ground for now.
     
    Last edited: Aug 19, 2012
  9. figoagogo

    figoagogo
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  10. Pistachio

    Pistachio
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    I have used drive the deal once - they gave me a very good price on a car, it they would not part ex, I had to sell privately. As they broker car sales, you can still use finance offers where available. I bought a ford, had the drive the deal price and 0% credit from the ford garage.
     
  11. IronGiant

    IronGiant
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    Thanks for the update, if you can afford it, Go New :smashin:
     
  12. figoagogo

    figoagogo
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    It worth looking at... Just the effort to sell mine privately...
     
  13. figoagogo

    figoagogo
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    Something interesting has just come through, essentially a cancelled order - at my local dealership, hope to get a look.
     
  14. FZR400RRSP

    FZR400RRSP
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    Key and sensible phrase being "if you can afford it" :smashin:
    All very well people saying '£2k over x years isn't much', but if you're already at the top of your budget it's a moot point.
     
  15. IronGiant

    IronGiant
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    Agreed, but as they often say you lose 2K as soon as they hand over the keys, then I would maybe expect the second hand one to be 2K cheaper if it had only done those "7 kilometres" and sat in the showroom :). As it is it's a year older and has done a good years average mileage. Had it been 3 or 4 K cheaper I'd have said go for the 2nd hand.

    But as you say 2K is 2K particularly if it is your cash.
     
  16. figoagogo

    figoagogo
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    I went ahead and ordered a new Skoda Octavia VRS Diesel Estate - Black Line (Ltd Ed).

    For me it was a deal too good to miss, "VAT Off", less £500, Good PartEX (highest by far!), Finance inc 3 year free servicing (competitive rate), + it has SatNav/Leather/Dab,Reverse Sensors etc thrown in... my only gripe is the Black Wheels but not able to change the spec as its the reason for the BlackLine name.

    Second hand (low mileage/1yr old) were not much cheaper!

    New model due out next year so they are obviously pushing this one, and it ticks all the boxes.

    Now just waiting on a delivery date.
     
  17. NewBeetle

    NewBeetle
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    Cool, sounds great, look forward to pictures and review once it arrives :thumbsup:
     
  18. FZR400RRSP

    FZR400RRSP
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    Black wheels are a bit naff, for anyone over 19.
    Getting them powder coated in silver wouldn't cost the earth.
    Or painted, if you want a cheaper option.
    Same procedure in reverse for resale time, to keep the spec right.
     
  19. figoagogo

    figoagogo
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    Oh and thanks to you for pointing the deal out! If it wasn't for you I may have just ordered a bog standard VRS, two dealers were in denial about the Black Line ed, one wasn't and they were keen to make a deal.

    Really nice well built car IMO.
     
  20. figoagogo

    figoagogo
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    If they look that bad I may use them as spares for winter.

    To make matters worse the car is black - I wasn't allowed white as per the Mrs, and the Race Blue was too "Racey" - LOL
     
  21. NewBeetle

    NewBeetle
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    Your welcome :smashin:
     
  22. lmccauley

    lmccauley
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    Glad you got the deal you wanted :thumbsup:

    Very similar story when I bought my Honda Civic Type-R. The 0% finance, discount and free servicing on the new car worked out cheaper than a 1yr old. Always worth doing the research online, and the sums (taking into account total cost of ownership).
     
  23. figoagogo

    figoagogo
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    I didn't work it out to the penny, its just I like buying new for the warranty etc, and knowing that the previous owner hasn't ragged the car, this could quite easily be the case on a VRS or anything else sporty.
     
  24. FZR400RRSP

    FZR400RRSP
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    Two white cars on our drive now, and the time I have to spend cleaning is slashed. :)
    White rules!
     
  25. un1eash

    un1eash
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    White is very common now, i had the SSS in pearl white because of how rare it was, now half the cars in our carpark are white.

    I'm still trying to get my dad to get the VRs in Rallye Green
     
  26. figoagogo

    figoagogo
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    Wifes car is a white Fiat 500, the neighbours have a white Fiesta, wifey say that is too many white cars :p

    And they are getting very popular, I like black, just not sure on black with black wheels :confused:
     
  27. FZR400RRSP

    FZR400RRSP
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    A carpark full of black or silver cars wouldn't raise an eyebrow though.
    Believe me, after years of the frustration of trying to keep black cars looking good, white is a treat.
    :)
    Personally, I think it's great car manufacturers are losing money on selling colours, it must be annoying that people are ordering a 'free' one.
     
  28. apolloa

    apolloa
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    I would say get a new one, to me it doesn't look like you are saving much plus if it's an ex dealer demo it could have been ragged senseless? You get the new car feeling and the options you want and the colour etc.

    When I got my MK7 Fiesta Zetec S I was not able to do much on the deal, the fact the dealers forecourt was literally packed full of brand new Fiestas every week didn't help lol. But I love the car, anyway I couldn't choose the colour and my dealer told me to go for a white one so I did and am SOOOO glad I did to. It looks great. The cars shape really suites the white colour.

    I think that maybe the manufactures manipulated the market to make white popular? It would help them sell more new cars because it's a free colour? I'm just conspiring here haha but it is very popular now.
     
    Last edited: Sep 3, 2012
  29. sheriffwoody

    sheriffwoody
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    what are the Octavia VRS's like? A few reports have said they are essentially just a cheaper version of a Golf.

    They do look like very nice cars, have Skoda lost their stigma of being "not very good" ? I assume they have.
     
  30. un1eash

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    The octavia is based on the same VAG platform as the golf and share parts. I actually prefer the octavia, we had a 1.9TDi golf as a courtesy car and i much prefer the same engine in the octavia, they handle really well for a big car and although I haven't driven a 170bhp VRs I have driven my sisters 140bhp diesel quite abit and it does shift.
     

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