sounds like my attempt to be accepted in the discovery sport forum

I see now the moderator is saying that a volvo could have performed an autonomous braking operation better than the disco sport mentioned that saved a few lives auto braking from 80 km.


meanwhile I logged in to post this. dont buy a car, build your own, only smaller

https://www.whichcar.com.au/reviews/custom...ica-review At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Past master wrote:

If you were applying for leave to remain, that would be quite enough to get you deported and to have your passport stamped as "undesirable", making it pretty much impossible to work anywhere else either. See https://qz.com/1275866/the-british-governm...-migrants/
Don't know if this would apply if you tried to settle outside Yorkshire...

Bardsey Island it is then

chicken george wrote:

sounds like my attempt to be accepted in the discovery sport forum

chicken george wrote:

meanwhile I logged in to post this. dont buy a car, build your own, only smaller

https://www.whichcar.com.au/reviews/custom...ica-review

Impressive commitment and dedication

The PCP prices that I've seen don't seem to quite work out if you have the purchase price available, comparing finance costs vs savings interest. If you don't have the cash they're probably a cost effective way of getting it. Rough calculation based on a Discovery Sport suggests a finance cost of around £3,300 over the three years, compared to bank interest of somewhere below £1200 depending on your bank.

What do you get with PCP that you wouldn't get with the normal new vehicle warranty? Does the PCP cover servicing costs, and/or tyres? ----------
Tony S

No, you don't but you do get:

1. A guaranteed valuation on your vehicle at the end of the initial term.

2. A lower level of interest than many people would get on an unsecured loan of this size (forget the "representative" rates that are published by many lenders, they are usually only available to the highest credit scores AND for comparatively little credit exposure).

3. In the case of Land Rover, useful cash subsidies (over and above those available to cash purchasers) to enter into an agreement.

4. A lot of protection from the finance company if the car turns out to be a bad apple.

Thinking it over again, I can't see how the figures stack up without some big assumptions somewhere. For example a Discovery Sport would cost me £21,500 over three years, with nothing to show for it if I handed the car back. However that's presented with something like a £12,000 final value , whereas online price guides suggest a three year old DS should be worth at least 18K as a trade in. Are they deliberately setting those final values low to get a better return on the finance, and banking on customers not having the 12K to buy them out at the end?

Taking it a face value it looks an expensive way to buy a car, that example being over 7K per year just for depreciation. Doesn't compare well with our FL2 even if it's worth nothing at 10 years old. ----------
Tony S

A friend has bought on pcp for a long time, what he does as the guaranteed value of the car is so low he pays the final sum & sells the car private. Then starts a new pcp. I always buy a car that is around 12 months old as it would break my heart knowing once you drive out of the garage with your brand new car you loose around £5k+ straight away ( leave somebody else pay the VAT) I say

aesmith wrote:

..................................
Taking it a face value it looks an expensive way to buy a car, that example being over 7K per year just for depreciation. Doesn't compare well with our FL2 even if it's worth nothing at 10 years old.

Jack frost wrote:

A friend has bought on pcp for a long time, what he does as the guaranteed value of the car is so low he pays the final sum & sells the car private. Then starts a new pcp. I always buy a car that is around 12 months old as it would break my heart knowing once you drive out of the garage with your brand new car you loose around £5k+ straight away ( leave somebody else pay the VAT) I say

It is unusual for any manufacturer to set a low guaranteed future value as this will only increase the monthly payments and make the deal less appealing. However, it does protect the customer in that there is a good chance of having some reasonable equity in the car at the end, or the customer can still purchase the car for usefully less than it’s value (which could make refinancing the balance a lot easier) and it protects the finance company a there is a much more favourable loan to asset value should things go wrong.

Irresponsible is inflating the future value unrealtically and coming up with an artificially low monthly payment.

PS: The initial loss has nothing to do with “loosing the VAT”, this is purely a line in the trade to offload the blame for the enevitable heavy initial depreciation on the universally accepted bogey man, the Inland Revenue!

I was watching a TV programme about Warren Buffet who is the third richest guy in the world with a net worth of over $80Bn and runs the Berkshire Hathaway investment fund. He is over 80 and his daughter was saying that she has to hassle him every few years to change his vehicle and he only ever drives a pickup truck and insists on buying one that's had a rear end collision as it's cheaper. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE