2k to scrap 10 year old car

  user8 15:40 17 Jun 09
Locked

My Mother is buying a new car, could she instead let me buy it, i use my 10+ year old car to get 2k off it & then once i have the car for say a month transfer it to my mother.

Would this effect the warranty etc?

  natdoor 15:51 17 Jun 09

I don't think it would affect the warranty because one often sees cars sold with remaining manufaturer's warranty. It would, however, affect the value of the car somewhat as it would have two previous owners rather than one when next sold. This ould not be a major onsideration if the car is not sold for some time.

  OTT_Buzzard 16:22 17 Jun 09

Have a chat with the dealership you want to but the car from - they'll be happy to advise on the warranty specifics. I wouldn't worry too much about deprecation due to 2 owners. If it's transferred owners on or around the same day as sale doubt anyone will really care.

The old adage of 'one careful lady owner' doesn't mean anything!

  OTT_Buzzard 16:22 17 Jun 09

deprecation = depreciation

  Woolwell 16:32 17 Jun 09

I wonder what you morther could get by just haggling for a good deal. More than £2k off?

  OTT_Buzzard 16:42 17 Jun 09

Not so much anymore - as soon as the scappage scheme was introduced, dealerships all but withdrew any room for price negotiation. Some of the more expensive cars (say £25k+) are still a little flexible on price, but on the whole, good deals are few and far between now.

  GANDALF <|:-)> 17:15 17 Jun 09

Have to totally disagree about discounts. Only the shrinking violets or insane do not get discounts these days Round here all the dealerships are VERY flexible if you are paying cash.
An example from last Saturday...better half is buying a Focus titanium 2.0 TDCI stage6. Full price, a shade under £21k. (They were £1800 cheaper 6 months ago..odd that). £1900 knocked off straight away. Years road tax chucked in. £600 worth of extras thrown in (upgraded Hi-Fi and wing on rear door). Finally told that if she took out £2000 of finance she could get another £1k off the price. The finance can be ended after one month by paying the £2k with no extra charges but she still keeps the £1k reduction.

According to my reckoning this is nearly £4k reduction or £2900 (£3k, see below) reduction if you just take the cash benefits and she did not have to curse or disembowel anyone. She also managed a further £100 knocked off, without screeching at the top of her voice, as the delivery is going to be 10 weeks. The Honda lot were offering even better discounts but their cars are triple dull. The Ford lot are even offering discounted servicing for 3 years as well.

Get down to the forecourt, be bold, do your research throughly on t'internet and put the sales staff through the wringer like we did...they have been shafting you for years so now is payback time. NEVER say no to facing up to the salesmen and getting what you want rather than be told what they want. march into the showroom, you have nothing to lose.

G

  natdoor 17:25 17 Jun 09

Hopefully you will be getting more than 15 mpg from now on!

  GANDALF <|:-)> 17:27 17 Jun 09

Sadly no, the car will be for her, I've still got mine.

G

  Stuartli 17:28 17 Jun 09

You have to have owned the car for a certain period of time; using it in PX to buy a car for someone else could also be seen as breaking the spirit of the incentive.

In any case your Mother can save far, far more by buying a nearly new model from one of the car supermarkets...:-)

Add that to the fact that any new car would immediately be losing normal depreciation plus £2k and it makes even more sense.

Car salesmen you may come across in the future will be well aware of the additional depreciation on vehicles sold around this time.

  canarieslover 18:05 17 Jun 09

I don't want to make you sick, but I have just ordered 1.6 TDCI and scrapped my old Escort. As a Ford pensioner I also get a further discount and managed to save around twice what you did. With just the discounts and scrappage I would still have got £6000.00 off. As it will probably be 10 years or more before I consider changeing it again I am not even bothered by having to have it on an '09' plate rather than a '59'. With the debts being run up by Government I thought it wise to take advantage now.

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