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Ex Demo deal advice - PCP

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PCP mileage is really only a factor if you are likely to hand the car back at the end of the term, rather than trade in or settle.

Hmm... I thought that it was taken into account when determining whether the car being traded in met the specs to achieve the agreed trade-in value. Perhaps I'm wrong then.

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Obviously vehicle mileage will be a factor, if you end up trading it in.

No mention of annual mileage. When I got my Yeti the PCP specified 6000 a year - completely ridiculous for most people's needs I suspect although it's fine for me so I didn't labour the point (I've done about 7.5K miles in 17months). Could be more important to others.

MY current PCP is based on 10,000 miles per annum, original Yeti 2 was costed at 6,000 miles PA, said it was a little low to the sales person and wanted it set at 10,000. All this did was increase my monthly payments slightly, but reduced the final payment amount, but the amount paid out is still the same, as I suppose a car with a few more miles on the clock is worth a bit less.

Hmm... I thought that it was taken into account when determining whether the car being traded in met the specs to achieve the agreed trade-in value. Perhaps I'm wrong then.

Of course mileage is relevant if you trade in before the end of your PCP, it will determine the trade in offer, but you won't be penalised by the finance company. However, at the end of the PCP (unless you choose to pay the balloon) you return the car, you don't trade it in - this is the point at which you will have to pay any excess mileage charge so it becomes relevant if you have exceeded the agreed mileage. The GFV is essentially the minimum trade in safety net based on you doing no more miles than agreed. You may of course also opt to trade the car in (anywhere) up to the last day and settle the finance using any equity as a deposit on your next car. GFVs tend to err on conservative so the finance company isn't out of pocket and the customer has a bit of equity to use for their next deposit.

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Ok, so looking at buying this yeti outright given decent asking price. Dealer, however, won't budge on asking price of £16930 but would throw in boot liner, rubber floor mats and set of mud flaps. Deal or no deal? Thoughts?

Simpsons Preston I take it?

 

Do you need it to be DSG?

Ok, so looking at buying this yeti outright given decent asking price. Dealer, however, won't budge on asking price of £16930 but would throw in boot liner, rubber floor mats and set of mud flaps. Deal or no deal? Thoughts?

The bits they are throwing in only add up to £150/200, but the price on the car does seem very fair.

How about they include your first service in with the price, with air-con thrown in. This would be a low materials cost price to them.

Are you trading anything in?

 

Colin

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Simpsons Preston I take it?

Do you need it to be DSG?

Spot on, yeah, Simpsons. Their process are the cheapest by far on AT and they know it, so they're hanging out for the asking price.

Ironically, I'd prefer manual for long term reliability but it has plenty of warranty left and I've come to the conclusion I'd like to go DSG this time, bit like yourself. I've seen your add and it's a cracking motor but when you look at Simpsons asking price it's pretty competitive for the DSG.

The original plan was to go PCH but with no personal car this hire car thing is an expensive do so I couldn't wait 12 weeks for example for a factory build.

Edited by Chubbs

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The bits they are throwing in only add up to £150/200, but the price on the car does seem very fair.

How about they include your first service in with the price, with air-con thrown in. This would be a low materials cost price to them.

Are you trading anything in?

 

Colin

 

No trade in, just sold two cheap cars via AT.  The price does seem fair but I can't help feeling as though I need that bit extra to seal any deal. Like you say, free first service, GAP insurance, full tank of juice, extended warranty............something to sweeten the purchase, it just the principle of the matter!

Sit down to discuss it with them, then get up and say you'll think about it.......if that doesn't get a response I'd take it that that's it.

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Sit down to discuss it with them, then get up and say you'll think about it.......if that doesn't get a response I'd take it that that's it.

 

Gonna visit them tomorrow or Monday and discuss further, it's not too far to go if the deal doesn't come off.

As mentioned earlier, used cars rarely make for good PCP investments. Wardy's Yeti will the most pampered and shiniest Yeti in the country :)

I would say if you are ready to buy, the best deals I have ever got, or gave (when I was selling cars), was when the customer gave me the signs that they where ready to buy that day, right there and then. In fact I use that as part of my final strategy these days, when buying  a car. I simply say, I will sign right now and put down a deposit if you give me "this" deal. They will be very reluctant to let you leave without your signature if they believe you.

We rejected their best offer when we got our 2008, saying we were going for lunch .....it was late and we had a figure which was half way between my px private sale and their offer.......we got it after lunch ......it gave them time to do a trade disposal search.

Having a time deadline makes sales happen I find ....and mutually satisfying

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I would say if you are ready to buy, the best deals I have ever got, or gave (when I was selling cars), was when the customer gave me the signs that they where ready to buy that day, right there and then. In fact I use that as part of my final strategy these days, when buying  a car. I simply say, I will sign right now and put down a deposit if you give me "this" deal. They will be very reluctant to let you leave without your signature if they believe you.

 

I totally agree, you've got to see the whites of their eyes and hear very positive language.  Maybe I'm not giving that vibe.........the Yeti is the sensible, practical option but I'd sooner be leasing the BMW335D I'm testing next week! Head vs heart!

I totally agree, you've got to see the whites of their eyes and hear very positive language.  Maybe I'm not giving that vibe.........the Yeti is the sensible, practical option but I'd sooner be leasing the BMW335D I'm testing next week! Head vs heart!

A town and country car v a motorway car?.

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A town and country car v a motorway car?.

 

I guess, if you look at it like that.........I spend little time on the M'ways these days so another plus for the Yeti?  Saying that, our old 110 TDi Yeti was more than happy on the m'way all day long!

I guess, if you look at it like that.........I spend little time on the M'ways these days so another plus for the Yeti?  Saying that, our old 110 TDi Yeti was more than happy on the m'way all day long!

Now, come on!

There's only one rational choice to me.

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Now, come on!

There's only one rational choice to me.

 

You're right! So, what extras should I push for to seal the deal?

The 335D might just be a bread and butter Upper class repmobile to some, but to me it's the pinnacle of it's breed. I've owned the A4 3.0Tdi and the MB C350 Cdi and even though I loved the Merc, the 330D let alone the 335D is a slightly better drivers car imho and just as nice a place to sit. The 335D wins in just about every area compared to the 330D, at least to me. The only exception is the handling might not be quite a playful, but it's a sacrifice worth paying I think, especially if it doesn't really cost any more in the first place. The cars sheer pace is simply silly. It's faster in a straight line than several of the current hyper hatches and yet has genuinely decent mpg. And not forgetting the lovely straight six diesel :) Funnily enough MB has decided enough is enough and are going back to straight six engines :)

You're right! So, what extras should I push for to seal the deal?

Servicing deal......(warranty extension?)

It means you're serious

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The 335D might just be a bread and butter Upper class repmobile to some, but to me it's the pinnacle of it's breed. I've owned the A4 3.0Tdi and the MB C350 Cdi and even though I loved the Merc, the 330D let alone the 335D is a slightly better drivers car imho and just as nice a place to sit. The 335D wins in just about every area compared to the 330D, at least to me. The only exception is the handling might not be quite a playful, but it's a sacrifice worth paying I think, especially if it doesn't really cost any more in the first place. The cars sheer pace is simply silly. It's faster in a straight line than several of the current hyper hatches and yet has genuinely decent mpg. And not forgetting the lovely straight six diesel :) Funnily enough MB has decided enough is enough and are going back to straight six engines :)

 

You're not helping Amanda! I used to be indecisive but now I'm not so sure!

I still think the depth of engineering in the BMW is superior and makes it a 'keeper' if it fits your real wants and you DO keep it.

I still don't trust VW's ancillaries over the long term.

You're not helping Amanda! I used to be indecisive but now I'm not so sure!

 

 

Test drive for an afternoon should help. It's a proper grown up car :)

 

Over on the baby BMW site, a BMW Sales Manager did the sums for options and how much they actually cost on a PCP. Some items have a greater resale value, so if a Sat Nav cost £360 (for arguments sake) and it was worth Half at the end of 36 months, it wouldn't add £10 a month to the cars cost, but rather only £5 (Disclaimer for certain folk: yaaaaaaawn: no  monetary interest is added here for this example) . Other items attract the full repayment value. It was quite interesting to see which are the cheapest items to get on a PCP :)

Chubbs won't sleep tonight))))

Edited by Ryeman

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