I'm coming to the end of my finance contract in June on my 2019 C63 coupe. It's a Mercedes Agility finance contract, so I have a number of options, but I'm not sure what to do....
I originally took it, deliberately, on a 2 year contract, since the new C63 was estimated to be arriving in the first half of 2021 at the time I bought it and I thought I'd swap to the new version at that point. Clearly, this hasn't happened and isn't likely to happen soon, and even then, persistent 4-pot rumours would make it a no-go for me.
It's pointless buying a new C63 and just paying for the accelerated first two years depreciation all over again, which is likely to accelerate even further when the refreshed model comes along soon. And anyway, my existing car has done a paltry 4,500 miles, pretty much all done in the 6 months after I bought it immediately preceding the pandemic. It's never even had anyone sit in the back seats of the car, so looks essentially new still.
Looking at new model cars, I'm unenthused by what's on offer. Maybe a 2021 BMW M550i? Nice engine, great power, bit of a barge.
The M4 doesn't really appeal as it's ugly as sin with that big front grille.
I'd actually consider a C8 corvette if they were importing them already, but that's not going to happen for a while.
I've considered a Porsche Cayman GT4, but it's pretty basic by comparison on the interior, even after checking £13k worth of options. It literally takes £13k to get it close to the C63 premium plus spec!
Jaguar F-type. Meh. Overpriced, a bit dated and I'd rather have the C63 anyway.
Anything else I should be considering?
Or is it better to just refinance the balloon?
I originally took it, deliberately, on a 2 year contract, since the new C63 was estimated to be arriving in the first half of 2021 at the time I bought it and I thought I'd swap to the new version at that point. Clearly, this hasn't happened and isn't likely to happen soon, and even then, persistent 4-pot rumours would make it a no-go for me.
It's pointless buying a new C63 and just paying for the accelerated first two years depreciation all over again, which is likely to accelerate even further when the refreshed model comes along soon. And anyway, my existing car has done a paltry 4,500 miles, pretty much all done in the 6 months after I bought it immediately preceding the pandemic. It's never even had anyone sit in the back seats of the car, so looks essentially new still.
Looking at new model cars, I'm unenthused by what's on offer. Maybe a 2021 BMW M550i? Nice engine, great power, bit of a barge.
The M4 doesn't really appeal as it's ugly as sin with that big front grille.
I'd actually consider a C8 corvette if they were importing them already, but that's not going to happen for a while.
I've considered a Porsche Cayman GT4, but it's pretty basic by comparison on the interior, even after checking £13k worth of options. It literally takes £13k to get it close to the C63 premium plus spec!
Jaguar F-type. Meh. Overpriced, a bit dated and I'd rather have the C63 anyway.
Anything else I should be considering?
Or is it better to just refinance the balloon?