Saturday, 29 December 2018

Soooooo, I bought a new car today...

To clarify: a new TO ME car.

This is the colour, make, model, etc., etc., although not the car itself. It's a Peugeot 308 1.6 Sport 5 door. Poor petite Renee (my Renault Clio) has finally reached the end of her motoring life and it was time. I put over £700 into her for various reasons since October and I simply can't afford to do that anymore. That's a deposit on a new(er) car.

So, sadly, I started perusing Autotraders and have basically been viewing and reviewing the (same) cars for a couple of weeks. I kept coming back to this one, although it was at the tip-top of my budget (£2500).

Now, I hear you putting on your thinking caps and wondering, how, exactly, did I do this? Well, it's a little bit of borrowing from Peter to pay Paul, but not really. I cashed out an RSP I had sitting in my Canadian bank. The exchange rate is pretty dire right now, but it was of more use to me here than there, so I bit the bullet and brought it over.

What I wanted and what I needed were two different things, of course, but this particular car ticked the most boxes: Newer? Check (10 years - it's an '07). Decent mileage? Check (60k on the clock). Well-maintained? Check. Last service at 59,991 miles. MPG? Reasonable for the engine size. Some comparatively modern bits & pieces on the dash? Check (MP3 player!). Pretty? Right?! That colour... And so solid, drives like a dream once you get yourself positioned properly - there's a bit of fussing about to get the seat up, straight, forward...

I was a bit worried that it might be so sporty as to have bucket seats, but that's not the case and I was really pleased to find that it was so easily adjustable. The engine sounds lovely, and having a bit more room for me felt better too. Currently, the top of my head just grazes the roof of Renee, and I have some proper headroom in the new one.

However - insurance has gone up (almost double!), not least because there's apparently a claim on it which will stick around for five years (three more to go). This I found a bit surprising, as I had notified the insurance about an accident two years ago, but had no idea there had been an actual claim around it, as it certainly wasn't me who claimed anything. The fellow I spoke with was very helpful, but couldn't actually clarify anything around that (basically it shows as a claim, although might not be...?). Anyhoo. There it sits and there it raises my premiums for the foreseeable future, as does the much larger engine.

So, it is what it is. Road tax also goes up, but only by £40 a year, so not substantially (that's based on your vehicle's CO2 emissions). Overall, I feel better for having spent my budget for a decent, solid, reliable vehicle.

I put a deposit of £299 on it, and the garage will have it washed, fully valeted and the brake discs replaced before I pick it up on Thursday. The fellow gritted his teeth and gave me a £200 part exchange on Renee (I do realise that's a fantastic amount, considering her age and state of repair. He even said they'll lose money on that, so I am hugely appreciative of even that amount).

The Renault was struggling along (to be fair, I'm not the best car owner out there), but I had to replace the immobiliser (twice), the antenna, the seals around the sunroof were beginning to leak quite substantially (hence the need to replace the immobiliser - the whole system is all packed in the same place), lost my interior lights weeks ago, and despite a £400 MOT bill, the rear reg lights have gone again. That's all since October.

It was time. Although I'm quite sad to lose the Renault, I have to admit. She's been a very good little car and I believe that with the right owner, she would have lasted another 21 years. 

I'm hoping that with the new car, I'll feel more comfortable and confident on the road, too, and get myself out more. I don't feel confident enough in the Renault to go exceptionally long distances too often anymore.

It feels nice to start off the new year with a fresh, new vehicle, and one that makes me feel like I'm spoiling myself a little bit. I'm not good at treating myself very well, so while a decent car at a lower price was tempting, I felt that having another old one would just leave me in the same position I'm currently in, throwing money at it just to keep it going a little bit longer. So, my sums are okay. I'm happy with my purchase price of £2299 (including 9 months left of its annual MOT!). There's a three-month warranty on the car, which I believe is standard for second-hand cars here, and the guys I bought from have been in business since 1979 and are local to where I work.

It feels a bit impulsive and I was feeling a bit sick earlier on, but I know it's the best thing I could do. I genuinely don't know how much longer I'd have Renee, and the last thing I want is to break down somewhere en route to or from work, and feel completely stuck.

Now I have to think of a name.


T'Pol said...

Have fun with your new car! Love the color. Can't wait to learn the name. Wish you a wonderful and Happy New Year!

Jolie said...

Definitely love the colour!

Northern Living Allowance said...

Hi T'Pol - thank you! Yes, the colour is part of what kept drawing me back to the car (it's my colour of abundance, apparently!) and as I said, it ticks a lot of boxes. I'm really excited about it. All the best to you for 2019! xx

Hi Jolie - Lovely to hear from you. So pretty, isn't it? Wishing you and yours a happy and gentler 2019 xx

JiCaLu said...

Ahhhh, I am car hunting too. But I am getting so overwhelmed I cannot buy anything.

I think I need to realize I cannot get all that I want for what I want to spend. Yours looks beautiful!!

Northern Living Allowance said...

Hi JiCaLu - I understand! I'd only been looking a couple of weeks, and at one point decided that I was just going to let it lie for a bit as I was just seeing the same cars again and again, etc. Who am I kidding? I don't really know anything about cars, so I was struggling. I had to adjust my budget & expectations accordingly and like I mentioned in my post, this one ticked the most boxes - a little of what I want, with a good amount of what I need, topped with reliability! I think if I had skimped, I would wind up regretting it. You can get MOST of what you want with whatever you want to spend. Good luck, I'm keen to see what you decide! xx

JiCaLu said...

NLA - you are right. I have to really adjust accordingly. you're right too, you see the same stuff over and over. my brother has been helping me car hunt, thank goodness for that at least. i am glad your car is all yours!

MW said...

Congratulations!!! Not worrying about potential imminent risk of being stuck or stranded is a big deal. I feel you got a great price too.

Hope you had a great Christmas! Here's to a wonderful 2019 xx

JiCaLu said...

Yes indeed, have to manage my expectations again. i have to realize it's better to get most of it for a good price, vs all of it and over spending!!! enjoy driving into the new year with your new wheels!

Northern Living Allowance said...

Hi JiCaLu - Yes, I think if you're not in a hurry, it's worthwhile to take your time. I genuinely don't know how much time I have left with my old car, so had I had more time to think, I likely would have spent longer looking around. This was literally the first car I looked at and test drove. Not what car experts out there would recommend, I imagine, but I'm quite pleased with the result! :D I'm sure you'll find one that ticks most of the boxes (and remember to get a little of what you WANT too). Looking forward to seeing what you decide xx Best wishes for a happy, healthy & prosperous 2019!

HI MW! Thank you very much. That's it exactly - I'm starting to feel uncomfortable in the car, and safety is never overrated. I'm happy with the price, too. Wishing you all the best and lots more travel in 2019 xx

JiCaLu said...

NLA - Girl, I have been looking since November. All my friends are side eyeing me LMAO - but I drove a really nice rental, and I think I just want something super nice (but have to be realistic). Getting it right on the first try is just perfection :D

Jane said...

Welcome baaaaaack!! :) So glad to hear from you! Re your NEW car - it's very cute and looks to me like you've dotted all the i's and crossed all the t's though I'm sorry about the claim. And compared to what I paid for my 2015 Honda Civic you did very well on the price indeed! We'd have to pay twice that amount and more for the same car in Canada. (Exchange brings it to just under $4,000 Cdn)!! So even though it was the top of your price range I would say it's a very good deal indeed and using the RSP seems like money well spent.
I've been a bit lax in posting as well. Christmas and New Years have come and gone since my last post. It seems weird to say that I have less time for my blog than I did when I was working but it's true! I've just gotten involved in a lot of sports and spending more time reading, hiking and doing genealogy. Haven't got much done in my workshop due to a finger injury but it's finally healed so I'll get back at it soon.
Post again soon!!