PCP finance.

grogi

Rodar08 wrote: »

Hiya. Wee question. Might be silly but hey ho that's how learning is done. So we have a corolla banger 00 but going strong Nct n taxed and an 11 Vauxhall Meriva. We're looking at the c-hr new. So would the Toyota dealer talk to us about Scrappage for the Corolla and a trade in for the Vauxhall? And also a deposit if need be? Or is that not a thing?
We do need a second car but we just want to go for an old car c2006 ish.

Scrappage is a fancy marketing name for a guaranteed value trade-in. Toyota is not running one at the moment, but they will take the corolla for 2017 no problem - that's the whole point of scrappage - to appeal to people with old, almost worthless cars...

When it comes to trading-in the Meriva - you'd need to talk to the dealer, but I am 104% certain that you'd make a better deal selling it privately - after the scrappage the dealer won't have any margin to offer you good figure for that car...

colm_mcm

Just buy a used juke if you like the chr but don't wanna pay that much money.

It's a new model. The dealers will be wanting their margin on them while they can get it.

grogi

colm_mcm wrote: »

Just buy a used juke if you like the chr but don't wanna pay that much money.

Even Toyota failed at making a car uglier than Juke...

colm_mcm

grogi wrote: »

Even Toyota failed at making a car uglier than Juke...

They were obviously looking very closely at the juke when they designed it though.

The juke has grown on me TBH.

grogi

colm_mcm wrote: »

They were obviously looking very closely at the juke when they designed it though.

The juke has grown on me TBH.

On me to - it is outside of puke territory now, simply ugly atm...

On a serious note, Juke is smaller than the C-HR, which is as big as a QQ (take or give a centimeter...) So it is not really apples to apples...

bazz26

The next Juke is going to a bit bigger than the current model too though.

Rodar08

I see. So would it be a good idea to ask which car they'd give us the better deal in because we've tried to sell the Meriva on done deal and not a hope so far. We will branch out and put it on other places but we weren't bothered if it sold or not up until now so we'll get it out there properly soon.

bazz26

With PCP the most deposit you can pay is 30% of the price of the new car afaik. If you're using the Meriva as the PCP deposit and it's worth more than 30% of the value of the new car then the dealer should be giving you the difference back. Not sure if they would favour that though.

Lantus

bazz26 wrote: »

With PCP the most deposit you can pay is 30% of the price of the new car afaik. If you're using the Meriva as the PCP deposit and it's worth more than 30% of the value of the new car then the dealer should be giving you the difference back. Not sure if they would favour that though.

At 30% deposit the monthly will be the smallest possible over 3 years. But after 3 years your monthly will increase hugely if you swap for a new car.

Sam Kade

I reckon we will see a glut of 3 year hyundai tucsons for sale in 2019, every Tracey Danelle and Harriet are buying them most on pcp no doubt.

colm_mcm

It was the top selling car in the country last time I checked, so youll have that I suppose.
I don't think they were doing any 0% finance, but they were giving €4K off a brand new model from launch.

bazz26

3 years ago the Nissan Qashqai was king of the car sales charts, doesn't seem to have damaged resale values too much.

26000 Elephants

bazz26 wrote: »

3 years ago the Nissan Qashqai was king of the car sales charts, doesn't seem to have damaged resale values too much.

Every second car through wilsons or merlin auctions seems to be a cashcow. They can be had cheap enough.

Atlantic Dawn

Sam Kade wrote: »

I reckon we will see a glut of 3 year hyundai tucsons for sale in 2019, every Tracey Danelle and Harriet are buying them most on pcp no doubt.

I suppose once they are still reliable and the warranty transfers the demand will remain but pricing is likely to completely tank especially if there's easy access to PCP finance in 2019 for anyone with cash left for the deposits.

mickdw

Sam Kade wrote: »

I reckon we will see a glut of 3 year hyundai tucsons for sale in 2019, every Tracey Danelle and Harriet are buying them most on pcp no doubt.

I hope they absolutely tank. Every gobsh1te seems to have bought one and they seem to believe they are in a premium car just cause it is alittle high up. Imo all these high cars are overpriced.

jca

mickdw wrote: »

I hope they absolutely tank. Every gobsh1te seems to have bought one and they seem to believe they are in a premium car just cause it is alittle high up. Imo all these high cars are overpriced.

Exactly. What makes me laugh is the people who bought them only ever drove crocks with bald tyres before getting the new "jeep"

ShadowHearth

Looked at more pcp deals amd looks like a lot of scrapage and 0% going around.
Nissan doing 4k scrapage deal on Nissan leaf. In fine print: 10k kms per year millage.... Wtf? Do they even allow car driven?!
What's usual millage per year restriction? How big penalties for going above?

Gael23

ShadowHearth wrote: »

Looked at more pcp deals amd looks like a lot of scrapage and 0% going around.
Nissan doing 4k scrapage deal on Nissan leaf. In fine print: 10k kms per year millage.... Wtf? Do they even allow car driven?!
What's usual millage per year restriction? How big penalties for going above?

It's only a few euro every month to increase it to 15k which would be roughly average mileage

Falcon L

Oddly enough, on some of the deals it's cheaper to agree 10k kms, do 15k and pay the penalty.

acronym Chilli

jca wrote: »

Exactly. What makes me laugh is the people who bought them only ever drove crocks with bald tyres before getting the new "jeep"

You can imagine what state the vehicle will be in after those types. I don't care if there's a service package, if the regular driver/owner is negligent, stuff will be let go wrong.

Brian Scan

mickdw wrote: »

I hope they absolutely tank. Every gobsh1te seems to have bought one and they seem to believe they are in a premium car just cause it is alittle high up. Imo all these high cars are overpriced.

Good man.

Brian Scan

jca wrote: »

Exactly. What makes me laugh is the people who bought them only ever drove crocks with bald tyres before getting the new "jeep"

Interesting generalization.

jca

Brian Scan wrote: »

Interesting generalization.

Tucson owner?

Brian Scan

jca wrote: »

Tucson owner?

No.

jca

Brian Scan wrote: »

No.

Just looking for an argument?

GustavoFring

jca wrote: »

Just looking for an argument?

To be fair as a nation we wouldn't be known for car care. It's as likely any new car is looked after in the same way as any older car. Because they're coming from an old crock doesn't mean they're any different to the owners of a lot of new cars down the years.

Grueller

mickdw wrote: »

I hope they absolutely tank. Every gobsh1te seems to have bought one and they seem to believe they are in a premium car just cause it is alittle high up. Imo all these high cars are overpriced.

Not to take the thread further off topic, but the reason Imo that they are selling well is that the driving position offers excellent comfort and visibility particularly for those like my parents who have three false hips between them. At the other end of the scale the are easy for getting kids in and out of and for strapping into child seats without going all the way to MPV. Many people also just like the look of them too.
Also to wish they tank because you dislike peoples choice and calling people gobs hits for buying them is Imo harsh in the extreme.

jca

What did people with more than 1.5 children do before these "jeeps" arrived? How difficult is it to reach into the back and put on a seat belt on the precious flower :pac: People who get into debt aka pcp deals to be trendy in my mind are gob****es, these are the same people who think pre-pay power is a great thing!! My Mil has recovered from a broken hip, there wouldn't be a hope in hell getting her to climb into a toy jeep, getting her in and out of the Octavia is a teeth grinding exercise( mine not hers).

Grueller

jca wrote: »

What did people with more than 1.5 children do before these "jeeps" arrived? How difficult is it to reach into the back and put on a seat belt on the precious flower :pac: People who get into debt aka pcp deals to be trendy in my mind are gob****es, these are the same people who think pre-pay power is a great thing!! My Mil has recovered from a broken hip, there wouldn't be a hope in hell getting her to climb into a toy jeep, getting her in and out of the Octavia is a teeth grinding exercise( mine not hers).

Fair generalisation there to equate prepay power customers to pcp participants.
Do we actually know the exact percentage of tuscons sold on pcp vs other methods. Genuine question as I don't know myself.

mickdw

Grueller wrote: »

Not to take the thread further off topic, but the reason Imo that they are selling well is that the driving position offers excellent comfort and visibility particularly for those like my parents who have three false hips between them. At the other end of the scale the are easy for getting kids in and out of and for strapping into child seats without going all the way to MPV. Many people also just like the look of them too.
Also to wish they tank because you dislike peoples choice and calling people gobs hits for buying them is Imo harsh in the extreme.

Its my opinion and I perhaps dislike them more as this is a massive push towards higher cars. I don't like being in high cars and I certainly don't like having to overtake lines of them given the reduced visibility they allow for the following driver.
If the majority are forced to swap over to these things, then the mammys will want even higher cars. We are on a slippery slope. What is next, a walk in car where moms can stride straight in, seat the kids and drive the whole home down the road.