I helped my parents buy a new car this week. Opinions on if this was a good deal (I think it was pretty okay, fantastic in general but not bad given the general state of the market) would be welcomed:
The car: new Ford Focus 1.6 Flight. Discounted to £9160. Not available in silver, so they had to get the red one.
The part-ex: 1998R Ford Fiesta 1.3 Encore 3 door. State blue metallic, 64k miles, one owner, FSH, no PAS. £1735 trade in price.
Cost to change: £7425.
Finance at 8.9% APR, a personal loan, not HP on the car. Could have been better but my parents preferred to deal with an IFA whom they know, rather than go directly to the finance company.
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I'm sure you did OK! The trade in on the Fiesta doesn't seem too bad either, considering it's high mileage and lower than poverty spec.
Wouldn't mind the Focus Flight, but the cheapest that I've seen them is £10,000. :(
Might take my gran for a little shopping trip some time soon... :)
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You can't part exchange your gran, silly boy........
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Blue Oval is not looking at the website news. Dagenham Motors has had Focus Flights for £8,995 for about 3 weeks now. But David's deal was okay. He might not have got the p/x price he got for the Fiesta from Dagenham Motors.
HJ
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lol @ Paul. I originally suggested the Dagenham Motors deal but, as my parents live in Wales, it was too far for them to travel. (Lowest p/x was £1300 for the Fiesta, btw, and the dealer quoted also quoted a higher price for the car.)
As my parents weren't willing to get several p/x prices for the car, or sell privately, I think it was pretty good. We went with P W Millar in Barry, by the way.
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Price to change is the important figure.
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Holy thread resurrection Batman... my parents traded this Focus in a couple of weeks ago for another Focus, a 1.6 Style 5-door on a 57 plate with delivery miles.
Price paid = £8,441 + RFL.
Trade in = £1,400
Cost to change = £7,041
The reason I'm posting this is because the old car has surfaced on AutoTrader here:
tinyurl.com/cn52xgw
Somehow the car has ended up at a Subaru franchise. I mean sometimes you can see how they'd get a clean p/x and retail it but this car probably went through BCA Newport. Are times so hard that Subaru franchises are retailing a nearly six-year-old car with virtually 100k on it or does this one just have a very eclectic stock buyer?
Oh and can a mod please move this over to discussion for me?
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Well it still looks very clean, they certainly managed to put some mileage on it!
I think at the moment there is a growing trend for big dealers to sell cheaper and cheaper stuff. Stratstone for example now have their "collection" range which is basically high mileage cars that they couldn't sell from their main forecourt but they don't want to auction. Our local Nissan main dealership now sells cars as cheap as £995 although admitedly the really cheap stuff is sold from a shed entitled the "runabouts" section.
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Our local Ford dealer has a 'Runabouts' section at the back too, selling cars £900 plus. I was cheesed off to see my part-ex appear there at £1800 more than they gave me for it, especially after I had been told it was definitely going in the auction and that was why I couldn't have the tax disc back. The car I bought was a good price, so overall we did okay - won't be going back though due to the fibs and other problems, like failing to produce the MOT for 3 months.
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