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Buying a car

Discussion in 'Motors' started by hybrid, 12 Apr 2006.

  1. hybrid

    Wise Guy

    Joined: 18 Nov 2003

    Posts: 1,312

    Location: Newcastle

    Just wonder, say if i was to put a deposit on a car i want, say 100 quid until i get a loan approved etc... how long would they keep the car for? Is there any legal length of time? If the loan fell through, would i get my deposit back?

    Seen a car i really like, just i havent got the money in my pocket just yet. Dont want to stick a deposit down on something which could go to someone else, leaving me 100 out of pocket.

    cheers
     
  2. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 157,117

    It's entirely up to them.
     
  3. Firestar_3x

    Caporegime

    Joined: 11 Mar 2005

    Posts: 30,512

    Location: Leafy Cheshire

    Usually the deposit is non refundable, what car is it?
     
  4. hybrid

    Wise Guy

    Joined: 18 Nov 2003

    Posts: 1,312

    Location: Newcastle

    Gah, i didnt wanna hear that. :-(

    Tis a for a Limited Edition Ford Fiesta 'Black' 1.4

    Basically, its my first car and i'd love it. Just i dont wanna stick money down on something i might not be able to finance.
     
  5. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 157,117

    Sorry, but its a Ford Fiesta.

    Do not tank yourself up with finance for your first car, and especially not for something like a Fiesta.

    Plenty of sound Fiestas around for well under £2k that you can get to grips with motoring with. Then, later on, you can finance something nice.
     
  6. panthro

    Capodecina

    Joined: 19 Nov 2004

    Posts: 11,884

    Location: Wokingham

    agree. dont do it.
     
  7. TerryWogan

    Wise Guy

    Joined: 9 Jun 2004

    Posts: 1,813

    Location: UK

    Have you considered a Vauxhall Corsa? You can get fantastic finance deals on them. They only cripple you for three to four years.
     
  8. Firestar_3x

    Caporegime

    Joined: 11 Mar 2005

    Posts: 30,512

    Location: Leafy Cheshire

    And your left with a car worth nothing and having paid over 11k for it, no thanks its not even a good car.
     
  9. spaz

    Wise Guy

    Joined: 16 May 2005

    Posts: 2,414

    Location: Bedfordshire

    Ey less of the fiesta bashing ;)
     
  10. Puppetmaster

    Soldato

    Joined: 17 Jun 2005

    Posts: 6,436

    Location: Near Brighton

    the old corsa bashing is happening as well :p

    but you could pick up a fiesta like fox says for under 2k, much better than any finance as you will end up paying to much

    can you borrow any off your parents?
     
  11. Slam62

    Sgarrista

    Joined: 3 Jan 2006

    Posts: 7,851

    Location: Monaco

    fiestas and corsas are rubbish, buy a bentley gt or an enzo much more fun

    Seriously though do not finance your first car, you'll be paying for it for years, get a cheap car untill you're more affluent