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How Much Are You Paying For Your St?

Featured Replies

ST owners,

I see a lot of 'drive the deal' and 'car wow' mentioned on here. Out of interest I'd like to know what sort of deal did you get? I think some of the monthly figures being thrown about seem unrealistic or have I just got a poor deal?

I initially used a site called 'Orange wheels' who located a dealer with a car at the exact same spec brand new £35 a month less than my local dealer, but I didn't take the offer up due to my circumstances (I'll explain why).

So this is my deal from my local dealer in Peterhead/Aberdeenshire/Scotland:

ST3 in Orange.

Full details: £19,970rrp,

£700 deposit, £750 deposit allowance = £1,450 = total cost £18,520

Cost £18,520 + cost of credit £1,179.28 = £21,169.28

PCP @ £424.22 / month over 2 years, 15K miles per anum.

GMFV £9,518

The rate of interest is 4.2% over 2 years, if I took over 3 it was 7.2%!

I called orange wheels and for the exactly the same specced car brand new I would have been approx £35/month LESS.

I live in Aberdeen and the car located in the orange wheels deal was in Yorkshire. You might think I am mad but I couldn't be bothered with the trip down! Would have been approx £170 on fuel, so it would have been nearly 5 months before I started saving with that deal.

I also paid £499 + £67.67 labour + £113.33 VAT for the Mountune MP215 upgrade from a another dealer as my local dealer didn't supply.

The PCP works for me, should have at least £2K positive equity at the end I think

Please state if you bought cash/HP/PCP/Lease etc.

Cheers



ST3 in blue with all options. £16600 through drive the deal, can't remember the exact number but something like £7.5k upfront with no monthly payments ( cash plan I think it's called)

Mountune £599 fitted free at HQ

  • Author

How does that drive the deal work?

Is that for 2 years then hand back and what miliage limits?

I think I'd have been roughly £9.5K total cost over 2 years IF i went with orange wheels, BUT hoping for roughly £2K positive equity, so that is a pretty similar deal to yours I think?

Basically I'm on the ford options PCP but paid the deposit and instalments upfront, so I can hand it back or use any equity on the next car or buy it outright which is more likely.

We've gone for 18k miles as the misses will use it for work during the week.

Drivethedeal give you a price from a ford dealer that they have got cheaper prices from, think they are cheaper due to sales volume! As it's a ford dealer you are buying from everything is the same as you would get from your local dealer. I'm saving just over £2k on what I paid for my ST2 last year with the same spec. Couldn't be bothered going to a dealers and haggling, not got much time for salesmen.

Bought mine for £17,850 at the end of April (Spirit Blue ST3 with every option), sold my old car and got a loan which I hope works out cheaper over the long run, but I'm not sure. Used Carwow and the cheapest dealer was about a 3 hour drive away, but it was worth it.

I pay nothing for mine, all paid up.

But try asking for a deal to own over 5 years and see what the payment comes to, it could be a bit less or more but you'll have more flexibility if you wish to keep or get rid over 2 or more years. once you're half way through the term you can hand back voluntarily or you should have some small funds tucked away in the car at that point anyway.

Paid in full

Sent from my iPad using Ford OC

Fully paid off.

Sent from my iPhone using Ford OC

I'm paying in full too on collection of mine 1st Sept (from private sale of previous car, with plenty left over) ;)

  • Author

Basically I'm on the ford options PCP but paid the deposit and instalments upfront, so I can hand it back or use any equity on the next car or buy it outright which is more likely.

We've gone for 18k miles as the misses will use it for work during the week.

Drivethedeal give you a price from a ford dealer that they have got cheaper prices from, think they are cheaper due to sales volume! As it's a ford dealer you are buying from everything is the same as you would get from your local dealer. I'm saving just over £2k on what I paid for my ST2 last year with the same spec. Couldn't be bothered going to a dealers and haggling, not got much time for salesmen.

Bought mine for £17,850 at the end of April (Spirit Blue ST3 with every option), sold my old car and got a loan which I hope works out cheaper over the long run, but I'm not sure. Used Carwow and the cheapest dealer was about a 3 hour drive away, but it was worth it.

Seems like the same idea as that orange wheels I tried, definately worth doing, but just wasn't worth it for me, only downside of living where I do!

Surprised how many of you have bought your cars outright with cash! Unless it's a second car I can't see me ever 'owning' a car again.

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