UKC

Has anyone had any experience of these companies? Drive the deal, Broadspeed etc. Really just after some feedback, I have browsed the web and they all seem they seem legit and it appears possible to save around £3000 off the dealership price.

After a new car, was going for a 2nd hand year old model (give or take), however with the 'freebies' being offered it may just be better to take the new one. Going to go into the dealership tomorrow to see if they can compete, worst case scenario I walk out 5 minutes late after being told no.


Thanks in advance
IMA

In reply to IMA:
Not a new car, but I picked up an ex-lease from the auctions.
3years old, VW golf great condition, as gets regular maintenance (Masterlease)
4 years on and still going well)

So worth an thought

In reply to IMA: Haven't used them, but researched them heavily when i was last buying and they do seem to be kosher. The car still comes from a normal dealer, it's just the broker can get best prices by buying lots of cars.

In reply to IMA: I used a quote them to get a car dealer to come down on price, I got my new car at the same price as a broker could achieve. Helps to choose end of the month or end of the quarter as dealers are often trying to hit volume targets from the manufacturer.

Also getting a couple of dealers bidding for you business can work well, helps if you want a fairly standard build, or are willing to compromise (either more or less) on any extras you want. I ended up with parking sensors (which I didn't particularly want) as I took one from the pipeline which the dealer was looking to offload.

With a factory order (e.g. lots of extras and customisation) the broker will probably be better.

In reply to IMA: Cheers everyone, shall take the quotes to the vw garage tomorrow and see what they say then go from there.

In reply to IMA: My mum and her partner have bought several "new" cars from Motorpoint who do big discounts over dealer prices. Not sure how it works but I guess they buy older stock and register it as new so you are not getting a factory new car, but still new in terms of no previous owner and an up-to-date plate. Just a guess.

In reply to EeeByGum:

I'd be a bit careful with making sure you compare like with like when assessing Motorpoint's "savings".

I bought a Renault Clio 182 from them. It was imported from France, although it was (obviously) right-hand drive. However, there were a number of differences between a UK-sourced car and a French one that considerably ate in to the attractiveness of the deal:

Warrentee: UK car would have 3 years - French was 1.
Road-side assistence: UK 3 years - French none.
Alarm: UK as standard - French had none but I had to get one installed as no one would insure it without.
Audio system: French one was more basic.
Trade-in: the French care was worth less at trade-in as it wasn't considered an official import.

In reply to IMA: Cheers, would probably be sticking to the brokers rather than those who import foreign cars.

In reply to Chris Shorter: Fair enough. I guess you pay your money and take your choice. I suppose you have to ask yourself if the things you mention are worth the saving you make.

In reply to IMA: Just a quick update, not using a broker, took the price in and the dealer knocked off some more to come closer to the 15700 quoted by the broker.

However am I missing a trick, details of the deal

I have decided to buy a Golf 1.4 TSI Match. I am happy with new (except the possible losses) or with a 1/2 year old used car.

The dealer recommends new to get the most from the warranty and services.

The New Car RRP is 19,260. However I have managed to get £1,500 off in addition to the £1,500 they are already offering if I take finance at 4.8%.

So ignoring interest on any borrowing it would appear that I would be paying £16,260 for a brand new car - this seems like that I would have negated the typical loss from driving it off the forecourt.

I read a topic below/asked the dealer and understand that after 4 months of paying my monthly sum I can pay it all off should I wish and keep the benefits of 3 years servicing and the breakdown etc

A second hand car of the same spec.

2011 (61), 15k mileage is retailing at £16000. (cant find a car locally 2 years old of the same spec)

The dealer however doesn't seem to be able to give a discount (says he cant on used cars)
I still get 2 years warranty, and if I take the finance then 2 years free servicing, though I suspect the finance is at around 12% from the figures I was given (He didn't know and the finance guy had gone home).

To me it seems the new car with dealership finance is the better option, however I just feel that I may be missing a trick.

Unless anyone says otherwise, I was going to refuse the alloy protection / autoprotect / lifeshine products and go somewhere else for GAP insurance.

Thank you for any advice

In reply to IMA:

Are there any fees related to paying the whole of the finance off early?

In reply to IMA: The dealer said no, but to keep my free 3 years servicing I need to pay 4 months first