Dave Henshall

ive been reading that dealers are not dropping prices due to the demand of the new ST's, and second hand ones are literally only a couple of K down on a new price.

then i had a though, my company offers a car scheme,

what dya reckon to these figures, i can either use their baloon payment option as shown or just use my own funding to but the car at the discouted price shown...

Vehicle Details
Make: FORD Transmission: Manual
Model: FOCUS HATCHBACK Fuel: Petrol
Derivative: 2.5 ST-2 5dr
Vehicle Supply Price:
£16,735.41
Optional Extras
Description
Price
Sea Grey metallic
£0.00
Dark Flint cloth Anthracite bolster
£0.00
Metallic paint
£315.00
DEATC ilo manual AC
£360.00
Total Price of Optional Extras £675.00
Total Vehicle Price
£17,410.41
Sourcing Fee £385.00
Total Purchase Price £17,795.41
Amount of Credit
A Total Cash price £17,795.41
Less Deposit
Employee Deposit £5,000.00
Total Deposit £5,000.00
B Amount of Credit
£12,795.41
Total Charge for Credit
Interest £3,412.23
C Total Charge For Credit
£3,412.23
B + C Balance Payable £16,207.64
A + C Total Amount Payable £21,207.64
Total
Deposit £5,000.00
Monthly CSA Instalments £208.47
Total Monthly Instalments £10,006.56
Final Instalment £6,201.08
Total Amount payable £21,207.64
APR : 9.1%

RapidRS

The ST is now so popular they've removed it from The Ford Privilege Scheme that we can get through work.

Think my brother in-law is well chuffed as he got his ST3 with everything on it for £15k just before they removed it off the list.

Dave Henshall

i take it you work at ford then..?

i work for a company who just uses a broker for the company cars and a couple of years back changed the rules which allowed 'normal' emplyees to purchase cars at teh sme rate, and the payment come directly out at payroll.

Thrush

iTrader: (1)

I don't get it..... YOur thing says "Total Purchase Price £17,795.41" and then after you pay it off "Total Amount payable £21,207.64"

Why would you wanna pay nearly 3.5k more for it?

Dave Henshall

there is the small issue of interest.....

do i put 5K down and not have a loan and have the car on that finance deal for 200 a month for 4 years,

OR get a loan and buy it cash at that price, BUT the monthly payments over the same time are 300 a month...

after 4 yeras on the work deal, i can either give it back or buy it with the final payment of about 6K. but im sure in 4 years they will still be worth more than 6K

ECU Monitor Enthusiast

iTrader: (1)

Mine cost £16000 and is an Orange ST-3 3 door with 8000 miles

Dave Henshall

but thats my point, why pay nearly new price for second hand when literally for another 1500 you have a brand new one..

i said i'd never ever have a brand new car out of principle - but i may be eating my words in the next few days

ECU Monitor Enthusiast

iTrader: (1)

Dave,
I see what you are saying. Maybe worth stumping up the extra if its a car
you intend keeping for a long time.

As for me, I didnt think of that. I just drove past a garage and saw my
car and just bought it without even taking a test drive.

It was being cleaned by a fit bird at the time though

Dave Henshall

THE RADMAN

iTrader: (2)

thing is dave when you sell up after a few yrs or whatever they will have started to depreciate more than they are doing at the moment so youll end up losing more on a new car than if youd gone the s/hand route

Dave Henshall

but if its 1 owner less, and has 10K less miles for the same age car, what would you buy in 4 years?

i think i've missed what i posted it up for now,,

what i want to know is REALLY :

is the discounted price my work have given actually that discounted, as in even though there are second hand ones on the market for that money, ARE they actually selling for that money? and would a dealer give the same price for a cash sale with no part x?