S205 C63 Buying Advice

[ABot]

I have big news! I have sold my Audi and finally ready to buy a C63!! just need to find 'the one' now!

 

[oldguy57]

Ah you misunderstood....i had the cash so knew my max budget, but i took the finance option to secure the best deal....then paid off the finance in the cooling off period

Being very crude, i had a budget of 35k, being 20k cash and my A45 which the internet valued at around 15k part/ex from numerous sources.

My car had a screen price of 35k. The deal i screwed down was a screen price of 33k and a part/ex price of 16.5k, therefore a cost to change of 16.5k. The dealer said he would accept this deal only if i took their PCP package....at a hefty rate of 10.9%. I agreed knowing i would simply pay off the finance deal when i picked my car up

It was also very strange when i took delivery....As my A45 value was over the Maximum 35% PCP deposit allowance, not only did i pick up a shiny new car, they also paid me about 5 grand into my bank. That was a good day haha

Just looking at the finance agreement now...The interest charged was £5,824, so not only did i save that, i also saved 3.5k what i was willing to pay.

Are there no penalties or comebacks when paying off the finance deal early during the cooling off period? What about after the cooling off period? Edit sorry just read about the £60 penalty.

 

[dano17439]

Are there no penalties or comebacks when paying off the finance deal early during the cooling off period? What about after the cooling off period? Edit sorry just read about the £60 penalty.

No, they charged a nominal fee of about £3 a day during the 14 day cooling off period. All finance deals will be different though

In terms of paying finance deals early, again different finance houses will have different T's & C's. Most will charge a penalty for paying of early - i.e. a months interest or something. Simple way round this is just to make a lump sum payment which leaves say £100 balance, then let your next contracted monthly payment clear the balance. Paying off early will always save you interest, which against a depreciating asset, is a no brainer IMO

Its not financial advice i'm giving her to be clear, just learnings from my own experiences

 

[oldguy57]

No, they charged a nominal fee of about £3 a day during the 14 day cooling off period. All finance deals will be different though

In terms of paying finance deals early, again different finance houses will have different T's & C's. Most will charge a penalty for paying of early - i.e. a months interest or something. Simple way round this is just to make a lump sum payment which leaves say £100 balance, then let your next contracted monthly payment clear the balance. Paying off early will always save you interest, which against a depreciating asset, is a no brainer IMO

Its not financial advice i'm giving her to be clear, just learnings from my own experiences

Thanks for that information. I expected the penalties to be greater.

 

[MrGreedy]

Don't forget if you can get a car from Mercedes and get a 2 year Mercedes direct approved used warranty, this is worth about £5k!
So a bit of a premium from a dealer is worth it.

 

[Muckypaps]

It's worth nearer £3.5k on a car of that age.
£5k if it was six years old.

 

[ABot]

I have had to make a very difficult decision, I had to wrestle with it for a couple of days but I have decided that a C63 is 'just' outside of my budget. I could just about afford the cheaper one's but it left me with so little choice, especially as I still wanted to have certain options (PP & Performance Exhaust).

Luckily this decision was made a lot easier when a nicely spec'd C43 estate came up for sale at MB Brooklands. I'm incredibly happy to report that I've decided to buy this car and I should have it Thurs/Fri next week!

https://www.autotrader.co.uk/car-de...d=Used&onesearchad=Nearly New&onesearchad=New

 

[dano17439]

Looks lovely mate. Theres no point stretching yourself for a lump of metal IMO, especially if you wouldnt be fully happy if you ended up in a higher mileage/low spec 63.

I like the 43s. Yes you don't get the V8, but in the real world is there much performance difference when you take into account the 4wd? Probably not. Plus a remap see these at near 63 power levels anyway

Glad to be part of your buying journey lol

 

[SpikyMikey]

Very nice! Enjoy

 

[MrGreedy]

Nothing wrong with that!
And from all I've read, one of the best Mercedes Dealers in the country

 

[Deleted member 113659]

I have had to make a very difficult decision, I had to wrestle with it for a couple of days but I have decided that a C63 is 'just' outside of my budget. I could just about afford the cheaper one's but it left me with so little choice, especially as I still wanted to have certain options (PP & Performance Exhaust).

Luckily this decision was made a lot easier when a nicely spec'd C43 estate came up for sale at MB Brooklands. I'm incredibly happy to report that I've decided to buy this car and I should have it Thurs/Fri next week!

https://www.autotrader.co.uk/car-details/202102128975216?advertising-location=at_cars&maximum-badge-engine-size=3.0&year-from=2017&postcode=YO8 8JU&body-type=Estate&fuel-type=Petrol&include-delivery-option=on&minimum-badge-engine-size=3.0&model=C CLASS&page=1&make=MERCEDES-BENZ&year-to=2017&onesearchad=Used&onesearchad=Nearly New&onesearchad=New

Great stuff. All the goodies that matter and no slouch either.
Looking forward to seeing and hearing all about it next week. Chuffed for ya.

 

[Bobby Dazzler]

Lovely. Congratulations on your new car.

 

[ABot]

Thank you everyone, I'm glad I joined the forum right at the start of 'my buying journey '
The advice I've received has been invaluable, thank you all for giving it so freely

I just need to keep myself distracted for the next 6/7days and hope the time passes quickly.
I will definitely be telling you all about it next week don't you worry Happytalk

 

[Pumatwin]

Congratulation, well done that look nice.

In the end did you take a finance deal from the dealer.

 

[ABot]

Hi Pumatwin. I didn't actually, because it was less than £30K I was able to cover it with a mix of a personal loan from my bank (2.9%), the money I managed to get selling my Audi privately and a couple £K from savings.

So no balloon payment to worry about
Another reason I decided to switch fire to the C43

 

[ABot]

It's here!!! Officially a C43 owner! ....finally
It arrived early this morning and I absolutely love it! Only been out for a very brief drive today, it's been a busy one. Think I've manged to press most of the buttons though, everything seems to work as it should

I'm struggling to put up pics, it says they're too large once I've worked out how to reduce them down I'll throw some up.

 

[markjay]

...I'm struggling to put up pics, it says they're too large...

Use this:

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postimages.org

 

[SarahAnn200]

Hooray, enjoy. They look great in white. I searched for white at the time but got a better deal on black. I was never 100% happy with the paintwork. What year is it? I have a reg number for sale that I bought for mine that is back on retention now AA19 AMG
Looking forward to your pics

 

[ABot]

Sorry for the delay, its been full on this weekend and I've only got 1 pic for you, I know I'm rubbish, more will go up I promise!

Thank you for the link markjay

I didn't think I wanted white when I started looking but I'm totally converted now, big fan of white with the night pack the alloys have gloss black between the spokes too which adds to the effect

Thank you SarahAnn, it's a beast! I'm actually looking forward to my commute tomorrow
It's a 67 plate and I'm broke now lol but thanks for letting me know

 

[Deleted member 113659]

Stunning that mate. I’m made up for you.