Hi,

I'm looking at trading in my Fabia VRS (56 reg) for a new Fabia 3 Estate 1.4TDi.

My main aim is to reduce my monthly outgoings, and have a similar spec car with bigger boot storage area.

I've visited one dealer and had a trade-in offer of £8000 for my VRS.

My current monthly payments are £201(over 36months, with a settlement of £7021 on my finance) but with trading in my monthly would go up to £221 (over 48 months).

The Fabia 3 was spec'd with the addition of ESP and Metalic paint.

My main question is would I be better selling my Vrs as a private sale? the only problem with this would be the gap of 'no car' from me selling it to picking up my new car.

My Vrs is a 56 reg

16,000 miles on the clock

New front tyres

All round Rally Flapz

No modifications have been made to the vehicle's performance!!

Met Black paint (the only colour it should have been available in)

The offer of the new car included 3 years free servicing (any idea how much the 3 services would cost?), I know the tax disc would be reduced, and also my insurance would come down by 50% (Currently £320, quoted £148 for the new car) over the 3 years this difference would be about £20 per month.

Any advice, tips, or offers from dealers....

Cheers

May a daft comment, but see what your dealers offer would be then do a check with the glasses guide or some other t'internet pricing site.

Make your mind up from there.

That insurance quote sounds very low - I pay over £300 for a 1.4 16v level 3 estate (now just over two months old). Are you sure that's not a quote to take you to the end of your current period of insurance. Okay, I don't live in an ultra low risk area and I stick with well-known insurance companies, no obscure internet offers.

Not sure how your monthly outgoings are going to decrease that much - apart from the saving on road fund licence and a modest saving on insurance. The fuel economy may not be much better than your current car. When I bought mine, there was interest free finance. So, with a 30% deposit, I'm paying £253 over three years.

On the insurance note, mine is due early August and I have got quotes as low as £147.

But Hearny I was told you are 87 years of age. Does not sound that cheap at that age who was the quote with please?

If you want to reduce your outgoings refinance your current car. Your present one has done most of it's depreciation. The new one has got loads more to go..

If you want to cut your expenditure then goingfor another car prob won't be worth it.

You'll save more by cutting out unnecessary spending.

If you want the bigger car cause of the space then get it.

If you dont do many miles what about a petrol car? then you're not spending so much on diesel.