Used car for family - £7-8k budget - Titus Hill

Hi everyone,

I had my Ford Focus written off this week and need to buy a car which is going to be used mostly for school runs with our two kids within London, and the occasional trip further afield (we probably average 9000 miles a year).

Finding something which is cheap to run is important and my wife is keen to get an suv so she has a better view of the road - she has been talking about a Nissan Qashquai.

We have a budget of £7k although we might be able to stretch to 8K if it would make a big difference.

Any advice gratefully accepted.

Edited by Avant on 30/12/2016 at 11:55

Used car for family - £7-8k budget - SLO76

I'd avoid diesel with your sort of usage. Despite how tempting the higher mpg and lower road tax may be there's too much can go wrong, you're guaranteed to have DPF issues if it has one and you may find your diesel car banned from the city centre. The Nissan Qashqai is basically a Renault Megane on stilts. It uses the same engines, gearboxes, floorpan and shares a lot of the same electronics and technology. Don't buy one expecting traditional Nissan levels of reliability. That said, they're pretty good as far as French cars go. The 1.6 petrol is capable of 150k if maintained correctly and is pretty simple. I've seen the 1.5 diesel in Clio's with over 200k also and it's a pleasant enough wee diesel with more poke than the petrol but I'm not sure when they fitted a DPF on these and it wouldn't be wise to buy any car with one fitted. Auto Trader #DrivenByMe www.autotrader.co.uk/classified/advert/20161202029...4 A good reliable option if budget allows would be a Kia Sportage 1.6 GDI but you'd need around 10k for a good one from a dealer. Buy one with a full dealer history and you'll have the backing of the excellent 7yr warranty too. Auto Trader #DrivenByMe www.autotrader.co.uk/classified/advert/20161223081...7 There are other SUV options within budget such as Honda CRV and Toyota RAV 4 but while they're well made and durable both are also quite a bit thirstier unless you can aford to go up a generation and buy a pre facelift CRV 2.0 petrol 2wd which be reasonable but again you're up around £11k to start. With your limited mileage however a thirstier car won't make much of a difference.

Edited by Avant on 30/12/2016 at 11:56

Used car for family - £7-8k budget - Avant

You could look at a Toyota Verso - an MPV rather than an SUV but also with a higher driving position. It might be a bit cheaper than a RAV-4 of the same vintage.

Also put the Skoda Yeti on your list.

Edited by Avant on 30/12/2016 at 11:55

Used car for family - £7-8k budget - daveyK_UK

a pre-reg Dacia Logan MCV

or

some good deals for around £8k on 1 year old Fiat 500L, a highly under rated car with loads of space for a family.

You should also find a late shape 15 plate Vauxhall Astra with low miles and lots of spec for £7k

Used car for family - £7-8k budget - Sulphur Man

If it's London then an auto has to be the preferable option. You need a car that two children can climb into quickly and get seated - one with a flat 'walkthrough' cabin is ideal. A 58/09 reg Honda FR-V 1.8 EX auto should be well within budget and beats any comparable SUV for practicality and, crucially, visibility. The 1.8 iVTEC and 5-speed auto are extremely reliable.

Used car for family - £7-8k budget - drd63

I know it's treated as sacrilege on this forum but you could just lease. Take £800 out of your budget and allow £180pm Inc vat for a small/med suv with 10k miles p.a over 4 years. You'd still have the bulk of your capital to use/invest and have a safe, reliable, cheap to run car.

Used car for family - £7-8k budget - gordonbennet

I know it's treated as sacrilege on this forum but you could just lease. Take £800 out of your budget and allow £180pm Inc vat for a small/med suv with 10k miles p.a over 4 years. You'd still have the bulk of your capital to use/invest and have a safe, reliable, cheap to run car.

Its not sacriledge, its just that some of us who are older have seen for ourselves that signing up to pay £x per month for a product you can't sell to clear the debt if things go wrong could be a dodgy move.

Yes its currently fashionable for 30 somethings to rent their cars long term like this, and there's nothing wrong with doing this so long as you keep your job and your immediate world stays on its axis for the 3 or 4 years of the rental.

But us oldies have seen, and some have experienced first hand, just how quickly our worlds can fall apart when things go wrong either personally nationally or globally, hence maybe here with a more mature set of regulars than some other places you might find a more cautious approach to how we finance our transport.

We have millions of people who are once again ignoring what has gone before and indebting themselves, egged on by cheap credit and each other to spend what they don't have being good little consumers, there might well be much wailing and gnashing of teeth for many to come...my own suggestion for people would be to throw every spare penny at their mortgages while interest rates are at this unsustainable low and run bangers as cheaply as they can and borrow nothing for any other reason than the roof over their heads, but what do i know.

The country also has a national debt, still growing, that cannot be repaid do not forget, they'll try to blame the inevitable when it arrives on Brexit or Nigel Farage, but the seeds for coming national economic strife were planted over the past 20 years and still being drilled in daily.

Used car for family - £7-8k budget - SLO76
"Its not sacriledge, its just that some of us who are older have seen for ourselves that signing up to pay £x per month for a product you can't sell to clear the debt if things go wrong could be a dodgy move.

Yes its currently fashionable for 30 somethings to rent their cars long term like this, and there's nothing wrong with doing this so long as you keep your job and your immediate world stays on its axis for the 3 or 4 years of the rental.

But us oldies have seen, and some have experienced first hand, just how quickly our worlds can fall apart when things go wrong either personally nationally or globally, hence maybe here with a more mature set of regulars than some other places you might find a more cautious approach to how we finance our transport.

We have millions of people who are once again ignoring what has gone before and indebting themselves, egged on by cheap credit and each other to spend what they don't have being good little consumers, there might well be much wailing and gnashing of teeth for many to come...my own suggestion for people would be to throw every spare penny at their mortgages while interest rates are at this unsustainable low and run bangers as cheaply as they can and borrow nothing for any other reason than the roof over their heads, but what do i know."

Wise words indeed. End of every financial year I chucked every spare penny my business made at my mortgage instead of buying or leasing an expensive motor I didn't really need and was mortgage free by 36. None of the older sub £2k runabouts I ran let me down.

Only reason I lease our CRV was down to the deal being cheaper over 4yrs than I'd lose in depreciation if I'd bought one even with a discount. There are some cracking lease deals out there if you shop around and if you want a pricey new motor it often makes more sense than buying. Lease firms get huge discounts that we can only dream of as private buyers.

I would never have taken it on if it hadn't been for wanting a safe place to put baby and hiararchy plus I've paid off the mortgage I'd otherwise tell folks to concentrate on. Well worth years of bangernomics.
Used car for family - £7-8k budget - drd63

All fair points and I'm probably closer in age to you than the 30 somethings so have lived through many financial cycles.

We are in a strange position of being able to borrow so cheaply that you could argue for disposable income being invested and giving much better returns than the cost of debt.

Your point about your CRV hits the nail on the head.

Used car for family - £7-8k budget - gordonbennet

Yes don't get me wrong, for many people a good rental or leasing deal may well work out very well for them if their cirmunstances allow such a commitment, but its not the answer for everyone.

Used car for family - £7-8k budget - scot22

Not on thread but where can you safely earn more than the interest rate charged on loans (other than so called free finance) ?

Used car for family - £7-8k budget - skidpan

Not on thread but where can you safely earn more than the interest rate charged on loans (other than so called free finance) ?

When I ordered the Superb the discount was 15% for cash sales or 9% with a PCP (4.5%?) and a deposit contribution. Obviously the PCP was more costly over 3 years.

But there was another option that was not widely publicised which was 15% discount and 0% finance, this was the deal I took. Even if I only get 1% on the £14000 I am financing its still just over £200 in my pocket, more if I can find a better rate.

So in my opinion the finance is not just free, its better than free.

Used car for family - £7-8k budget - RT

Not on thread but where can you safely earn more than the interest rate charged on loans (other than so called free finance) ?

Depends on your idea of "safe" - all our spare money is in a Stocks & Shares ISA, invested in UK Income Unit Trusts, making about 4.5% above the rate of inflation so about 6.5% net of all tax.

For those below pension age, SIPPs and LISAs are the way to go for money you don't want/need before pension age.

Used car for family - £7-8k budget - eustace

Depends on your idea of "safe" - all our spare money is in a Stocks & Shares ISA, invested in UK Income Unit Trusts, making about 4.5% above the rate of inflation so about 6.5% net of all tax.

RT, out of curiosity, would you mind sharing the name of the UK Income Unit Trusts, that is consistently providing 4.5% above the rate of inflation so about 6.5% net of all tax.

Completely understand if that is a wealth secret, and you don't want o share the deatils. :-)

All my ISA investments have been going down, from the time I bought it. Mainly gold producers and commodity producers.

Used car for family - £7-8k budget - RT

Depends on your idea of "safe" - all our spare money is in a Stocks & Shares ISA, invested in UK Income Unit Trusts, making about 4.5% above the rate of inflation so about 6.5% net of all tax.

RT, out of curiosity, would you mind sharing the name of the UK Income Unit Trusts, that is consistently providing 4.5% above the rate of inflation so about 6.5% net of all tax.

Completely understand if that is a wealth secret, and you don't want o share the deatils. :-)

All my ISA investments have been going down, from the time I bought it. Mainly gold producers and commodity producers.

I'm not a financial advisor but to avoid HJ or the Back Room being involved in Financial Services legislation, Avant might pass on my email address to eustace.

(Edit - thank you for your discretion. Will do so, and copy you in.)

Edited by Avant on 02/01/2017 at 19:23

Used car for family - £7-8k budget - gordonbennet

I'm not a financial advisor

I think you ought to consider becoming one, and seriously think about applying for the job of non politically aligned chancellor asap, Heaven knows after the individuals who have been making a pigs ear of the post for the past 20 years the nation would be very grateful.

Used car for family - £7-8k budget - scot22

I suspect too good to become a financial adviser. The only ones I know of do not give advice which is profitable - well maybe for them !

I do take the point about investing in stocks and shares : if you can forget about the capital for quite a few years to ensure you can sell at the right time.

Used car for family - £7-8k budget - RT

I suspect too good to become a financial adviser. The only ones I know of do not give advice which is profitable - well maybe for them !

I do take the point about investing in stocks and shares : if you can forget about the capital for quite a few years to ensure you can sell at the right time.

I took the trouble to learn much more about investments after being screwed by two different IFAs and losing a shedload of pension in Equitable Life

Used car for family - £7-8k budget - RT

I'm not a financial advisor

I think you ought to consider becoming one, and seriously think about applying for the job of non politically aligned chancellor asap, Heaven knows after the individuals who have been making a pigs ear of the post for the past 20 years the nation would be very grateful.

I'd want to permanently ban the worst 50% of all drivers and cut the UK population by a third - from where I stand the last 70 years have been a pig's ear.

Used car for family - £7-8k budget - Fishermans Bend

Depends on your idea of "safe" - all our spare money is in a Stocks & Shares ISA, invested in UK Income Unit Trusts, making about 4.5% above the rate of inflation so about 6.5% net of all tax.

RT, out of curiosity, would you mind sharing the name of the UK Income Unit Trusts, that is consistently providing 4.5% above the rate of inflation so about 6.5% net of all tax.

Completely understand if that is a wealth secret, and you don't want o share the deatils. :-)

All my ISA investments have been going down, from the time I bought it. Mainly gold producers and commodity producers.

A relevant website would assist you in ivesting in some good funds. Just use a search engine.

Used car for family - £7-8k budget - Manatee

The Fiat 500L looks a good suggestion.

For sensible private people, the trick I think with leasing is to be flexible and search for a bargain. Manufacturers who need to shift stock ahead of model changes etc don't trash the price immediately, they try and shift them to fleets including lessors.

Son's old Panda was written off in November and he got a new Nissan Note with a/c though Ling, 3+35 on a 3 year contract hire, £126.xx a month. It works out at c. £32 a week including advance rentals and the arrangement fee of £180. That £126 is £177 today, so presumably they have got rid of the surplus metal and cut the discounts.

Have you considered whether a city car would do the job? The current Ling bargain is a basic Panda on a 4 year hire for £107.51, 3+47, 4 years. About £1,400 annually, £5,500 for the full term. You can't pay the depreciation+maintenance on second hand SUVs for that.

Your point GB about commitments is one I totally agree with*, but son needs a car even if he loses his job...and I can afford to stand behind £32 a week if it comes to it. I think finding a good deal on basic transport like this is different to a family signing up to £300-£400 a month on PCP for a car they can't really afford.

*I haven't borrowed money to buy a car since 1978. It was £500, 24 payments of £22. It didn't cause me any problems, but I resented every payment for making me that much poorer that month!

Edited by Manatee on 03/01/2017 at 17:19

Used car for family - £7-8k budget - gordonbennet

Hi Manatee.

Yes i quite agree in the right circs for an individual and the right bargain that a lease can be good value, but yes you are so right about people who really can't afford a new car being drawn in by how cheap it appears at first glance, or at first listen i should add when some bod on the radio is rattling through the small print like small automatic arms fire... irony being its the small print which should actually be the large print, its not just the figures people know about, its what the bills might be on return to sort out damage, excess mileage, missed service etc.

Lings Cars is always worth a poke nose, makes sense what MT says about shifting stocks, i've heard of other people getting real bargains there which 3 months down the line have gone up by a third.

The secret to bargain car buying is as said there, flexibility, its when you've pencilled your choices into a corner of one or two only that you end up paying through the nose.

Used car for family - £7-8k budget - Manatee

Happy New Year GB. You still have the LC then!

Used car for family - £7-8k budget - gordonbennet

Happy New Year yourself MT.

Yes have an LC still but not the same one as when i spoke to you last, swapped over to a 2005 LC5 a couple of months ago when the right one cropped up, i'd seen some real dogs before mind, looking forward to the weather breaking so i can get down and dirty changing all the transmission oils and then mega rustproofing.

Still got the Outy? or am i behind the times to.

Used car for family - £7-8k budget - Manatee

Yes, still have it. New in 2011 so should be a few years left in it!

Used car for family - £7-8k budget - sandy56

You may be able to get a clean Peugeot 3008 for that sort of money. My Peugeot is now 7 years old and has given sold reliable service.

Used car for family - £7-8k budget - skidpan

You may be able to get a clean Peugeot 3008 for that sort of money. My Peugeot is now 7 years old and has given sold reliable service.

Come the 1st of March you could buy my June 2013 Seat Leon 1.4 TSI with under 30,000 miles on the clock for under £8000. Its got a full Seat history and it has 18 months of the Seat 5 year warranty left (the Seat 5 year warranty provides exactly the same cover as the 3 year warranty).

Mine will not be the only car of this quality on the market and surely a 3 1/2 year old car with manufacturers warranty is better than a 7 year old car with no warranty.

Keep looking and take your time.

Used car for family - £7-8k budget - alpha_india

Have a look at the C3 Picasso, your budget should get a tidy well spec'd example around 3ys old. It's got a high driving position and plenty of room. Drives a lot better than you'd expect from looking at it - it's no hot hatch, but it doesn't wallow like you'dexpect such a tall car to do and it soaks up the miles effortlessly.

The petrol engines get decent reviews, but there'll be queue forming after this post telling you to avoid the diesels (DPF, "PSA diesel of doom", etc) but regardless of those concerns a diesel isn't really appropriate for the school run anyway - unless it's 20 miles each way.

Last year I picked up a 3yr old Exclusive spec model with the 1.6HDi within your budget. Having a quick look online there's plenty of well spec'd 2014 petrol models to choose from within budget.

 

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