October 14, 2021 at 10:35 am #166653Mark1878Participant
Has anyone done a comparison for this before I start one?
October 14, 2021 at 11:07 am #166656WigwamParticipant
I suspect if someone can get cheap money, cheap insurance and buy a cheap car, then Motability may not be the best option, but generally its been shown to beat comparison with any other way of getting a new car.October 14, 2021 at 11:17 am #166658
it may be an option for a good 2nd hand car that you intend to keep for a long period.
its one option i am looking at for a 2nd hand jimny or yeti.
reasonable jimny for 6kish or yeti for 7-8k.
finance over 4 or 5 years keeping the car for 8-10 if i last that long would be a decent option.
both cheap to insure and service.October 14, 2021 at 12:38 pm #166664fwippersParticipant
As a rough rule of thumb, the older and cheaper the car, it will be cheaper than Motability, however, insurance costs will be a factor and remember to add in roadside assistance, service costs, plus a bit extra for replacements of brakes, wipers, tyres etc. Also bear in mind that a serious fault with the engine/gearbox or electronics could result in a bill running into 000´s or in a total write off.
October 14, 2021 at 3:43 pm #166675
- This reply was modified 3 days, 23 hours ago by fwippers. Reason: correction to grammar
thats exacyly it fwippers, thing is at the moment i am not doing 2k a year and the mileage aint going to go up much. so in my case the insurance is as low as it gets 62 years old max no claims never had an accident no points etc etc. i looked into just doing away with a car but the taxis dont compute and buses nonexistant.
so the best rated 2nd hand cars with auto and a high seating position are the jimny and the yeti, by users rather than magazines etc. i dont need huge space for chairs/scooters well not yet. so something between 5 and 6k that i keep for 10 years with luck will leave me quids in.
and the older ones will have knobs and buttons no touchy feely which has to be a bonusOctober 14, 2021 at 4:41 pm #166676OscarmaxParticipant
Mitch you will be far better off with the Yeti, comfortable, good fuel consumption plus a very good automatic transmission.
The Jimmy are a little agricultural to say the least, due to their excellent off road abilities they do command a high second hand price tag, there is little in the way of comfort, plus the fuel consumption is quite poor.
In 2005 I suffered a brain injury which has left me with mental and physical disabilities.
Unfortunately I do get confused and get things wrong, so I apologise in advance.October 14, 2021 at 6:29 pm #166688
i used to have the vitara 3 dr swb auto very agricultural the newer jimny’s are almost refined in comparison lol.October 14, 2021 at 8:21 pm #166693gillan
when your loan is finished you have an asset that is yours and not someone elses to profit from. its a no brainer. get a loan.October 14, 2021 at 10:17 pm #166698
yes thats true gillan but you have to remember not everyone on motability has the credit rating etc to get a loan not all disabled people are able to work so are on very restricted budgets. so motability can be a godsend.
everyones circumstances are different there is no simple answer to fit all cases.October 14, 2021 at 11:33 pm #166699Mark Holland
Why don’t you take a look at the vehicles that don’t use total allowance, then each year you will receive the increase difference that can all go toward fuel making it quite a good deal if your mileage is low keep the car for 5 years have 4 years of increases and the £900 bonus at the end might just be worth thinking aboutOctober 15, 2021 at 1:41 am #166701MickCParticipant
No way would i buy a used nearly new or one a few years old at the moment,used car prices are greatly over priced and when new car sales get back to normal then used car prices will drop like a stone,( well they should ) and i would expect they would………but i’m no expert its just how i see it.
Car on HP finance now and be in negative equity,soon enough.October 15, 2021 at 9:27 am #166708fwippersParticipant
Like most things in life there are many factors to consider. What initially looks like a simple comparison can in reality be a complex calculation with many variables and unknowns. It can take out the fun and enjoyment if we allow it as there is a human aspect not just financial.