Did we do okay?

Honest John Back Room » Motoring discussion
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Mon 11 Nov 2002 20:06
Did we do okay? - DavidHM
I helped my parents buy a new car this week. Opinions on if this was a good deal (I think it was pretty okay, fantastic in general but not bad given the general state of the market) would be welcomed:

The car: new Ford Focus 1.6 Flight. Discounted to £9160. Not available in silver, so they had to get the red one.

The part-ex: 1998R Ford Fiesta 1.3 Encore 3 door. State blue metallic, 64k miles, one owner, FSH, no PAS. £1735 trade in price.

Cost to change: £7425.

Finance at 8.9% APR, a personal loan, not HP on the car. Could have been better but my parents preferred to deal with an IFA whom they know, rather than go directly to the finance company.
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Mon 11 Nov 2002 20:14
Did we do okay? - Blue {P}
I'm sure you did OK! The trade in on the Fiesta doesn't seem too bad either, considering it's high mileage and lower than poverty spec.

Wouldn't mind the Focus Flight, but the cheapest that I've seen them is £10,000. :(

Might take my gran for a little shopping trip some time soon... :)
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Tue 12 Nov 2002 00:57
Did we do okay? - Paul Mykatz-Tinks

You can't part exchange your gran, silly boy........
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