Hyundai i20

Gael23

My mums 2009 Micra has failed the NCT so looking for a small reasonably priced second car. Hers has 125k on the clock so really not looking for anything too fancy

So far liking the idea of a 201 Hyundai i20 top spec at the time, there’s only 20k KM on it.

Other option is a 181 Fiesta which is nice but the car would be 10 years old by the time the finance is paid off which is slightly a concern.

freshpopcorn

Just out of interest did it fail the NCT for much or does she just fancy a change?

kirving

If the only reason for changing to a newer model is that the Micro failed the NCT, it certainly seems like a big jump to buy a car which will take four years to pay off. I'd suggest that the better option would be to repair the Micra so that it'll pass the NCT.

If she wants a new car anyway, then personally I'd take a Fiesta over an i20, and sell it on again before it's 10yo (as it's a psychological milestone to many buyers).

Gael23

https://www.boards.ie/discussion/comment/121741296#Comment_121741296

It’s 15 years old so there’s no point in spending money on it

kirving

https://www.boards.ie/discussion/comment/121742513#Comment_121742513

It could fail for anything from indicator bulb to major chassis rust. No matter what is wrong with the Micra, it will almost certainly cost less than 10% the cost of a new car to have it pass the NCT and get another year of depreciation free motoring.

From a financial perspective only, the "no point spending money" argument is sometimes true of course, if you know it needs further work which begins to approach the depreciation on a newer car.

Maybe I'm wrong, but the premise of your first post, and this one, is that the only reason for the change is the failed NCT, and it would involve reluctantly entering a four year finance arrangement.

Gael23

https://www.boards.ie/discussion/comment/121741382#Comment_121741382

My dad is 6 years off retirement in work so it will probably be kept that long and after then they won’t need a second car

it just seems wrong to spend anything on a car that has pretty much no value

FishOnABike

https://www.boards.ie/discussion/comment/121743396#Comment_121743396

If you only have to spend less on it to pass the NCT than it would cost in repayments and depreciation on a replacement car you still end up better off repairing the current car - you might even get another six years out of it.

freshpopcorn

To answer your question test drive both those cars. See what your mother likes.

Also factor in millage/warranty/etc.

Also remember you'll still have wear and tear on parts with the finance owed to factor in.

On a side note

I've an 08 last year it had about 252km on it. Failed the NCT for a few bits cost about €300 to get it passed.

It passed another NCT first time with 267km on it.

* I understand the NCT is just a test and the car needs regular maintenance.

kirving

https://www.boards.ie/discussion/comment/121743396#Comment_121743396

The "value" of a problematic car though has more to do with what it would cost you to change to something to be guaranteed trouble free, than the monetary value of the problematic car itself.

The '09 Micra is getting on a bit for sure, and a change would be nice, so absolutely test drive both the i20 and Fiesta. My point is to make the decision to buy a newer car on it's merits, and don't be feleing rushed into it by an NCT failure.

Unless the issue is absolutely major, then you will get most of the cost of fixing it back when you go to sell a car with an NCT vs without NCT, and be in a much better bargaining position with a dealer as you wont be under time pressure.

User1998

https://www.boards.ie/discussion/comment/121743396#Comment_121743396

You think it seems wrong to spend a couple of hundred euro on the Micra? And you’d rather her spend thousands financing a new car instead?

Gael23

Another thing we’re considering is that her own parents are both still alive but need some support now so she needs to have a car that wont let her down

freshpopcorn

https://www.boards.ie/discussion/comment/121749501#Comment_121749501

Is the Micra unreadable/bad to start/etc?

Be it the Micra or any new or second hand car could let you down or be problematic.

Also remember to factor in boot size/etc if you need to transport walking frames/etc.

How are they for getting in and put of the car?

Sometimes people switch to a small crossover because it makes things easier.(some may disagree with this).

Gael23

Should we be considering a new car on PCP? It’s a lower finance rate and there may be a possibility of being able to pay the settlement in cash in 3 years time

Gael23

https://www.boards.ie/discussion/comment/121749968#Comment_121749968

They still have their car though it’s rarely used any more so she’s going to get insured on that and keep her own for one more year. It’s just not making sense financially. She’s looking at cars 2017/2018 so waiting longer will put things in a better space financially