I'm a car dealer & qualified mechanic

[Just Being Helpful]

All your motoring questions answered honestly.

Fire away.

If you don't know a friendly mechanic, the chances are you're being ripped off, especially you girls.

[The-Prophet]

are you from nottingham?

[Guest]

are you from nottingham?

No.

[The-Prophet]

meh oh well there goes trying to learn about cars

[Just Being Helpfull]

meh oh well there goes trying to learn about cars

You give up too easily.

[The-Prophet]

nah i just have so many thing i want to do if someone isn't close enough for it to be worthwhile then i'll move on, i know enough about cars not to get ripped off which is only helped by me not really wanting to drive i just like them

[Obvious]

I have a question : from a car dealers point of view - which is better finance or cash when buying a car ?

I always thought that finance would be, as 1) the customer overpays for the motor (interest etc) & 2) the dealer gets a cut of the finance

Wheras cash up front gives them purchasing power & they can pay their overheads.

[The-Prophet]

i'm talking here from my own views, cash means a little can go in his pocket and he says that he sold it lower than he really did but the other option he doesn't get a cut so from an owner of a chain's perspective i would suppose that cash is better, unless ofcourse he gets an incentive bonus which is likly to be less than he would get from taking a cut from the cash

[Obvious]

I think cash gives far more bargaining power - you can name the price you wish to pay & play one dealer off against another (for example similar car, similar spec, but £500 cheaper at another dealership).

Not sure if having a part ex as part of the deal strengthen's or weakens your hand (suppose it depends if they can shift it for more than they paid you).

Not sure, but I think if you take finance, the dealer gets the whole cost of the car from the finance company & your part ex (to sell on).

I think if you're cunning enough & prepared to shop around & 'wait' for the best price, you can get a good deal.

[The-Prophet]

the only way to get a good deal is to get a second car needing no or not much repair work and infact going in and taking a car thats been part exchanged is a great way but i'm not sure how many places would let you buy one thats been part exchanged however it is a good way as basically they sell new cars and a second hand one could sit there for months

[Just Being Helpfull]

I have a question : from a car dealers point of view - which is better finance or cash when buying a car ?

I always thought that finance would be, as 1) the customer overpays for the motor (interest etc) & 2) the dealer gets a cut of the finance

Wheras cash up front gives them purchasing power & they can pay their overheads.

From our point of view, it doesn't really matter any more. The days of sky high interest rates & big kick backs from the finance company are gone.
It's more hassle to fill out the finance paperwork, get agreed, get it signed up & get it back to the finance company, then having to wait for a cheque to arrive from them, than the kick backs worth.

Those payment protection plans are the biggest rip off under the sun, we get a big kick back from those.

If you are buying, your best option is to walk in with a cash deposit & pay the balance on collection with a bankers draft. (Saves me all the hassle of counting piles & piles of cash )

[porscheboy]

A Friend of mine has just bought a Ferrari Dino 246 GT 1972, but it is running rich, what is the best petrol to run it on?

[Another anon]

If it's running rich perhaps he should get it serviced - or at the least change the air filter. If that's old and blocked it'll run rich by default.

[longerlegs11]

I've got a BMW 320ci, at present averaging 27.8mpg is this good/bad/average?

[clarerhino]

All your motoring questions answered honestly.

Fire away.

If you don't know a friendly mechanic, the chances are you're being ripped off, especially you girls.

Are you still around