207 VTi Sport - Advice needed

[telthenipper]

Hi Guys,

I'm new to the board but I hope you can help me with some advice. I was looking for a newish car to replace my old R reg escort. I was driving by Rob Day in Chiswick on Friday and saw 2010 1.4 VTi Sport on their forecourt which looks nice for £9500 it's done 5845 miles only. So went home got the wife and we had a look at it. The salesman was very helpful and when I got inside I was very impressed with the interior and all the gadgets (compared to my Escort the gadgets are out of this world). Was told by the salesman that it belonged to a girl who works in Admin and is registered to Robin Day. As it only has 5845 miles on the clock I didn't think that I need to take it for a test drive!!! Managed to get the price down to 9181 (with £100 p/x on my old Escort. I was so impressed we put down a deposit of £500, to pay the balance when I pick the car up (cash sale). But it won't be ready for collection for two week (a bit rash I now know). Over the weekend I been surfing the net and seen loads of post on various sites about problems with Peugeot 207 and horror stories about reliability (especially the de-pollution problem) as well as the appalling after sales service that Peugeot provide. I am now feeling very anxious about my purchase and am thinking of cancelling the sale and getting a Fiesta Titanium (which seems a lot more reliable)

What I need to know, if I cancel the sale will I be entitled to my £500 deposit back or have I lost that? Do you think the price that was agreed was a good one or should I have haggled more and get a bigger discount? In your experience is the 207 a nightmare to own as the amount of posts on the net suggest? Do you think the Fiesta is a better car that the Peugeot 207

Any feed back would be greatly appreciated before I make the biggest and most costly mistake of my life.

Thanks in advance

Terry

[Piston Broke]

A lot of questions there...

1) My local Peugeot dealer, and my next-nearest-alternative are both excellent, both in terms of sales, aftercare, and parts sales. Conversely, my local Subaru and BMW dealers have been less than stellar during my ownership of their brands. Good and bad examples representing all marques, you need to do your homework to see which yours falls into.

2) The new Fester is not without it's problems either, not least of which is Fords laughable new car pricing structure, which is making the forthcoming Focus rather more expensive than the Golf. TBH, the 207 is a nice car, but some can cause problems. Most of the recurring problems are now quite well known and not a problem to sort. You'll have the warranty anyway, being a sensible used car buyer you'll be having it inspected by the AA or RAC...won't you?

3) Yeah, you'll likely lose your deposit.

4) The biggest problem as I see it is the price you're being asked to pay. That is a real joke. I paid a little over £7500 for a new 1400 Sport myself back in 2008, drove it for a year, recouped my money and the dealer put it back on the forecourt with a used high price higher than I'd paid. There are some huge discounts available on the new 207, making used 207s up to around 2 years old very poor value indeed. I'd try for the same car new, and aim for no less than 30% discount, nearer 35 if you can haggle aggressively. The 207, along with the 107 and currently the last few 407s, has a big margin for the dealers to play with, as well as bonuses for selling certain models.

I don't think you've likely got a problem with the car per se, but unless you can swallow a potential £500 loss I think you've tied yourself in to a financially unattractive deal on a used car you could probably get for new at that price if you played your cards right.

No-one, except the terminally insane, is paying over £8.5k for a new 207 Envy at the moment, which gives further perspective to your problem.

Let us know how it goes, and remember to join the club if you do get the wee 207

PB

[telthenipper]

Many thanks for the the detail information.

I'm just getting cold feet regarding the negative posts on the net that I've read regarding reliability on the 207s

Yeah I really like the look of the 207s that why I went for one. The sport has everything that I was looking for feature wise (bluetooth, usb connect, climate control etc). I was concerning about the price that I was been asked, but as you've now said I can get a brand spanking new car for roughly the same price has made my discison harder. I did try and haggle but the salesman was having none of it. Saying the car was £14,000 brand new and that the £9100 is a really good price. So trying to get a brand new one d own from £14,000 to £9000 may be a problem

Are you saying that I can get a new 1.4 VTI Sport for roughly the same price as I've paid? I've never been in a position before to be able to afford a new or nearly new car. So forgive my stupidness

Regarding the deposit I paid, if I can get a new 1.4 VTI sport from the dealer for the price I've paid for the 10 plate, I wont lose my deposit.

Sorry for being a pain but it's a lot of money.

TIA.

Terry

[Piston Broke]

I reckon you could certainly get one new for sub £11,000, perhaps less. 30% is the guide off 207 retail prices, 35 if you're good. You'll certainly get close enough to make the used one not worth the while.

I'd have a new Envy and a holiday with the change myself. Same engine, still gets alloys, etc etc.

[telthenipper]

Wow, You seem to be able to drive a hard bargin mate.

I'll love to get 30% off the list price of a new 1.4 VTI Sport (list price is £ 13,795) with 30% off that would make it £9656.5.

The salesman was reluctant to take of the money that I got of for the P/X, so getting to get him to discount a brand new car my be mission impossible, especially by 30%.

Is this possible to get Simon & Day come down that much on a brand new one? Any tips you could give in achieve this would be apprciated.

Has anyone else had success in getting the price of a new VTI Sport down by 30%? If so how did you do it.


Thanks in advance

Terry.

[Piston Broke]

Speak to Martin Shurmer, simply known as Shurm, or 'Geordie' Lee at Perry's in Blackburn. Tell them you've spoken to me, and tell them you want the hardest, meanest, tightest deal he can swing.

You can then see if your dealer will match it. If not, then wherever you ore in mainland Britain you can be at Blackburn and home in a day, and a days outing is a small price to pay for saving a huge bundle.

I did have a contact at Perrys in mK, but he's recently left and I'm still working on cultivating another.

I recently bought a £21,000 3008 for a few quid over 17k, and that's one of the harder models to get a discount on as demand is well outstripping supply at the moment, and Pug know it.

If you're serious about making a big discount, and are willing to try and wriggle out of your current deal, then I'll put you in touch.

[frank]

i dont think you will get a new 207 sport for anywhere near 9k lol, the envy is cheap as that is as basic as it gets