Need a car for 6 months

yer man!

I ordered a new car but it won't be ready until Jan so I need to get a car to tide me over until then. The dealer proposed for me to buy a different new car off himself that he has in stock and he will trade it in against the new car at an agreed rate of X - 4k.

Does this sound like a good deal?

Would I be better off just buying a car from someone else and selling to a different garage for cash?

Realistically how much would a car depreciate in 6 months?

I know I could also potentially buy a banger for this period but I don't want to worry about maintenance and stuff.

User1998

That completely depends on the value of the car they are selling you. If the car is worth 15k its not a good deal. If the car is worth 50k its not as bad, etc.

Loosing €4k in 6 months on any car isn’t great. It would be a much better idea to buy a cheap reliable car privately and get most of your money back when you sell it.

yer man!

https://www.boards.ie/discussion/comment/119180116#Comment_119180116

It would be around 30k new for the temp car and then returned to them for 26k trade in against the new one in Jan. I was thinking I would be better off buying something second hand that I'm mostly happy with in case the new car delivery slips a bit or gets cancelled completely. Dealer option is obviously more convenient though.

User1998

Doesn’t seem great considering 6 months could easily become 9 months, 12 months, etc.

I would just buy something cheap with little depreciation

Kat1170

At least get it in writing from him that if the delivery of the new car goes over the six months then the depreciation on the second car stays at 4k regardless.

Will keep the pressure on him re. the agreed delivery date.

Wildly Boaring

A 30k car doesnt depreciate 8k in 12 months.

Did he get your trade in?

User1998

https://www.boards.ie/discussion/comment/119180364#Comment_119180364

It nearly would if you bought it from a dealer and then trade it in. Your paying top price and then getting bottom price.

yer man!

https://www.boards.ie/discussion/comment/119180364#Comment_119180364

I'm moving back to Ireland so I've no car to give him. Straight cash deal.

yer man!

https://www.boards.ie/discussion/comment/119180160#Comment_119180160

You talk sense, I'm just so used to driving a car with all the bells and whistles. I'll bitch an moan in the cheap car for 6 months. Now to find one.

bazz26

In the current car market the dealer is doing you no favour imo with that offer. Used cars are retaining very strong resale values with some folks selling them for what they paid for them 1 or 2 years on due to demand. With new cars continuing to be in short supply I cannot see used car values falling much in the medium term so offering you 4k less in a year's time on a new car now is not a great deal for you. As said buy something relatively cheap with decent NCT to get you around until your first choice new car arrives, chances are you will get most of your money back on it in 6 or 12 months time when you go to sell it.

Buddy Bubs

He's just getting 2 sales instead of 1 here and doing you zero favours. There's plenty of cars out there on 2nd hand market that you won't bitch and moan about driving for 6 months that won't lose 4k and will be nicer than anything currently on sale for 30k.