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WWYD- car...

2 replies

alpacajuice · 03/12/2022 10:51

I've got a little mini that has been in the garage for 5 months now.. I'm giving up with it as repairs are 2.3k and it's not worth it.

I applied on the MoneySupermarket website for car loans and have been accepted for one.

I have found a car 2 hours away (and a boat as I live on an island) through Zuto finance brokers and the loan would be through them from a company called money barn.

I've done my research on the car. My insurance would about 35 a month, tax would be 20 a year.
2013 plate car.

Read the mot and there were two advisories, nothing major- a light and a slight play in the offside front wheel baring.

The company have said this would be sorted and a new mot would be added.

I also read up on the garage- some reviews are good, a few negatives.

The garage are AA dealer promise so they have vetted the company etc. and help if anything goes wrong.

I can afford the payments etc. approx £100 for 4 years, fixed rate.

I don't have the greatest luck with cars and I'm nervous.
I only have a little over 1k so can't afford anything decent and don't want to have to buy again anytime soon so a cheap runaround isn't an option.

With this information- would you go ahead?

OP posts:
RandomPerson42 · 03/12/2022 11:01

What car is it?

Brand? Model?

You have about a £6k budget? £1k + £100 a month for 4 years?

alpacajuice · 03/12/2022 11:31

RandomPerson42 · 03/12/2022 11:01

What car is it?

Brand? Model?

You have about a £6k budget? £1k + £100 a month for 4 years?

It's a Renault scenic.

My immediate budget to buy outright is 1.6k (£1,950 if I sell my mini to the garage)

I've been approved for finance of up 4.5k but this is the only car that fits the criteria that they have

Criteria is: has to be over a 12 plate and between 4-4.5k

This is the only one that meets my needs and I like it

OP posts:
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