Need to own a car for 1 year

Need to own a car for 1 year

Author
Discussion

tommorgan754

Original Poster:

35 posts

81 months

Thursday 28th March
quotequote all
I am in need of an upgrade and larger vehicle, but due to a move abroad, I am only needing something for 12 - 18 ish months.

I know I will lose money, that’s the nature of the beast, but I am thinking a good option would be something that has done a lot of its depreciation, so me adding 10,000 miles over 12 months and keeping it in good nick wouldn’t be a huge hit. I would also then want something relatively desirable and easy to sell at the other end. Some form of warranty (approved used) would also hopefully make it a stress free time.

Want something relatively big for a dog and baby (Due in May and main reason for upgrade).

£30k top end budget.

Have quickly shortlisted:

2016-2018 Macan
L405 Range
X3, Q5, Touareg (not precious but don’t know enough about specific models at this moment in time)
Maybe something electric that has done a good amount of depreciating.

Any purchase routes that I may have missed would be appreciated, similarly any models that fit my criteria would be great.

Many thanks



Belle427

9,735 posts

240 months

Thursday 28th March
quotequote all
Good man maths there, id just buy a cheap shed estate and run that. Save your money.

Time4another

263 posts

10 months

Thursday 28th March
quotequote all
I would be looking for the easiest and quickest thing to shift at the other end.

Super Sonic

7,212 posts

61 months

Thursday 28th March
quotequote all
Bear in mind when it's time to move you won't have time to wait for the right buyer, and could end up losing shiploads due to desperation. Buy a cheap shed.

Mammasaid

4,296 posts

104 months

Thursday 28th March
quotequote all
18 month lease. Brand new car, no worries about selling at the end, cheaper than tying up £30k.

E.g.

https://leasing.com/independent-brokers/vip-gatewa...

DaveyBoyWonder

2,737 posts

181 months

Thursday 28th March
quotequote all
Lease or (semi-)shed would be my suggestion. With a £30k car you may end up losing £10k at least if you palm it off to WBAC etc in 12/18 months. With a perfectly good £10k car (loads of decent looking E-Class estates etc for that money which ticks dog/child duties easily), you'll lose far less in 12/18 months, few grand maybe worst case.

EBRANDON1

309 posts

11 months

Thursday 28th March
quotequote all
Personal preference really, if I was in similar position, L405 range would be nice if you got a warranty but potential for bad depreciation.

Other options in budget

XC90
https://www.autotrader.co.uk/car-details/202403197...

Disco
https://www.autotrader.co.uk/car-details/202308040...

Or as others have said get a bit of an old shed, something like this V50 looks like a decent buy.

https://www.autotrader.co.uk/car-details/202403247...

tommorgan754

Original Poster:

35 posts

81 months

Thursday 28th March
quotequote all
You are all extremely sensible!!

Much appreciated though. A 10-14k E Class estate is something that has peaked my interest. Now to do some digging!

Many thanks smile

CrippsCorner

3,011 posts

188 months

Thursday 28th March
quotequote all
No need for a big estate for a kid, I have 3 kids and a medium sized hatchback no issues.

If you don't want to lose money in a short period... Focus RS.

DaveyBoyWonder

2,737 posts

181 months

Thursday 28th March
quotequote all
tommorgan754 said:
You are all extremely sensible!!

Much appreciated though. A 10-14k E Class estate is something that has peaked my interest. Now to do some digging!

Many thanks smile
Or CLS shooting brake. Yum.

Although as said above, maybe an E class sized car is OTT (depending on how big the hound is?). A C-Class sized thing may be as good...

Scootersp

3,388 posts

195 months

Thursday 28th March
quotequote all
I reckon this'll waft its way through 12 months, then you can give it/sell it to a good friend for the WBAC valuation

https://www.autotrader.co.uk/car-details/202403137...

98elise

28,180 posts

168 months

Thursday 28th March
quotequote all
Belle427 said:
Good man maths there, id just buy a cheap shed estate and run that. Save your money.
This.

Buy something cheap, reliable and easy to shift. Last shed of a car I ran was basically free motoring for a year. I sold it for more than I paid even though I put 10k on it.

SV_WDC

808 posts

96 months

Thursday 28th March
quotequote all
Agree with the shed approach.

When you're moving you're presumably going to want something until right before you go?

Shed means you're maybe not going to be fretting about moving something on at the 'right' time.

Mr E

22,122 posts

266 months

Thursday 28th March
quotequote all
CrippsCorner said:
No need for a big estate for a kid, I have 3 kids and a medium sized hatchback no issues.

If you don't want to lose money in a short period... Focus RS.
I have 1 kid and filled an E-class estate on a fairly regular basis.

ZX10R NIN

28,358 posts

132 months

Thursday 28th March
quotequote all
DaveyBoyWonder said:
tommorgan754 said:
You are all extremely sensible!!

Much appreciated though. A 10-14k E Class estate is something that has peaked my interest. Now to do some digging!

Many thanks smile
Or CLS shooting brake. Yum.

Although as said above, maybe an E class sized car is OTT (depending on how big the hound is?). A C-Class sized thing may be as good...
As above spend up to 16k on a CLS estate:

https://www.autotrader.co.uk/car-details/202311033...

Or E350:

https://www.autotrader.co.uk/car-details/202403257...

https://www.autotrader.co.uk/car-details/202403278...

georgeyboy12345

3,641 posts

42 months

Thursday 28th March
quotequote all
Mammasaid said:
18 month lease. Brand new car, no worries about selling at the end, cheaper than tying up £30k.

E.g.

https://leasing.com/independent-brokers/vip-gatewa...
This is your answer.

If you only needed 12 months max I'd be suggesting a shed with a year on the MOT.

Belle427

9,735 posts

240 months

Friday 29th March
quotequote all
My idea of shedding is £3k and under rofl

Rob 131 Sport

3,115 posts

59 months

Friday 29th March
quotequote all
If your planning to transport a dog in it, then that will certainly knock £000’s off the value for starters.