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Russdaz

Member Since 11 Apr 2013
Offline Last Active Yesterday, 09:30 PM
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Posts I've Made

In Topic: Ford Options

08 April 2015 - 08:34 PM

Oh Candy blue, nice rareish colour may help getting better price. Nearly got that on my last car, looks mint.

 

21013 63 plate Worth around £9,500K based on 20K. 

 

Time to visit a some dealers i think mate.


In Topic: Ford Options

08 April 2015 - 07:56 PM

cheers for the replys, the predicament im in is i put a £1000 deposit down and have been paying £256 a month for 20 months, with a GFMV of roughly £6600 at the end of the 36 months but i agreed to do 12k milage a year but im already on 33k with another 16 months to go, should I trade up now before I go way over that?


Sent from my iPhone using Ford OC

 

Ouch.. yeah i can see why.. what model you got?

 

Best thing is pop into a dealer to find out how much they will give you compared to you settlement fee to see how much you lose now, compared to later.. and also shop around dealers as one that wants a sale may offer over book to gain the sale.


In Topic: Fiesta Zetec S Black 'dump Valve' Sound?

08 April 2015 - 10:48 AM

The dump to air dump valve offer no performance, no reduced lag or anything just make more noise.. Must of the induction noise increase from Cone filters comes outside of the car, a proper cone that's shielded from heat and mapped can offer performance but only with other mods. Most standard air boxes can flow enough air for basic mods.

In Topic: Fiesta Zetec S Black 'dump Valve' Sound?

07 April 2015 - 10:07 PM

Re-circulating dump valves like on the Fords ecoboost make as much noise as those scooby vent to atmosphere.. just you can't hear them as much due to the air filter.

 

Dump the box you get this.

 

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But note... more boost more noise.


In Topic: Ford Options

07 April 2015 - 09:42 PM

No extra charge for mileage and I was 4000 miles over my annual limit when I took my car back, but they didn't bat an eyelid because I was buying a new car.

 

I was told the mileage charge only comes into play if you are returning the car at the end of your term - so if you decide to upgrade or keep the car it doesn't matter anyway.

 

The only difference is (as Russdaz said) the overall value of the car may be affected by the mileage, therefore they give you a guaranteed minimum future value (GMFV) based on the miles you estimate you'll do with the car. If you go way over that, the car becomes worth less, but if they're going to get another sale out of you, they'll probably ignore this.

 

Edit:

Additionally, if you give a high annual mileage and don't reach it by the end of your 2 or 3 year term, you may find that the car is worth slightly more than the GMFV (although I'd imagine in the real world this doesn't happen very often).

 

Sorry yeah was late.. i did mean at end as if just handing car back.. If your trading up provided the dealer feels he can sell the car they will buy it from you, in that case again the mileage isn't an issue, provided the car is worth more then your settlement figure which will be your GMFV. (If the cars a wreck and the dealer can't make money they won't buy so your left with handing back to ford, remember trading it in with a dealer, its the dealer  group in a effect buying it from Ford, but any extra value over the settlement figure is yours.)

 

Yes if your mileage is much lower then you quoted the car 'should be' worth much more then the GMFV provided the car has been looked after.

For example fully loaded mo st3 with everything £20,800.. £1,000 deposit. ford £500 deposit.

 

options at 6k miles a yr GMFV £8,802 but will cost you £358 a month.. over 3yrs.

 

24k miles a year GMFV is £6010 but will cost £415 a month.

 

So in theory if you said 24K but did 6k you should have over £2,800 deposit for next car... assuming depreciation stays as predicted.

 

This because you have borrowed more money from ford on the higher mileage deal, as your borrowing is based on the  cars list price minus deposit in this case £20800-1500= £19,300. from which your GMFV is then deducted so for 6k miles a yr you borrow £10,498, on the  24k miles you borrow £13,290

 

Get your mileage right the car will give you some money at the end get that wrong and go over it could cost you a lot. i.e agree to 6k mile but do 24k a yr you could be right outta pocket at the end or at the point of trading up.

 

I traded a yr early in a 3 yr deal and got 90% of my original deposit back which was mainly made up from partx originally. If i had run the course to yr 3 based on current values id have made £600 over what my original deposit was.