Hi All,
New to the forums. I'm in the market for a new toy, especially wanting to take advantage of the current downturn of the used car market before it bounces back up. I've been car obsessed all my life, but not actually owned a car since I sold my first car (2009 Seat Ibiza 1.2 S) basically 10 years ago. I've been living and working in central London since then so it's not been easy to justify the cost and hassle of a toy in the city given it's a 100% evening and weekend fun thing only.
I'm recently 30 and am wanting to buy something again finally after 10 years not owning a car. Having spent weeks in spreadsheets and modelling various funding methods out, I've decided (for now at least) that this will be a part cash + personal loan purchase, rather than a PCP, HP or lease. I'm looking in the £30k-40k region at used cars and am pretty much decided on 2 finalists, quite different cars admittedly and one is definitely a head purchase, one is heart purchase:
- F87 BMW M2 Comp (head purchase)
- Jaguar F-Type S or R old gen pre-facelift (heart purchase)
I find myself leaning far more towards the F-Type than the M2 comp. It just feels more special, the noise, the power, the looks, even though it's a GT car compared to the more "precise" M2. I know the F-type will likely be more expensive to run and might go wrong more (correct me here if I'm incorrect), some would argue the M2 is better car objectively all around, the tech inside is newer etc - just didn't realise I could get into an F-Type at my budget with not too many miles, and there's a semi sentimental reason for the F-Type which I won't bore anyone with on here.
Wanted to ask before I narrow my search:
I'm wanting to snap something up before the used market ticks back up so would like to go into a purchase as armed with useful knowledge as possible.
Many Thanks!
G
New to the forums. I'm in the market for a new toy, especially wanting to take advantage of the current downturn of the used car market before it bounces back up. I've been car obsessed all my life, but not actually owned a car since I sold my first car (2009 Seat Ibiza 1.2 S) basically 10 years ago. I've been living and working in central London since then so it's not been easy to justify the cost and hassle of a toy in the city given it's a 100% evening and weekend fun thing only.
I'm recently 30 and am wanting to buy something again finally after 10 years not owning a car. Having spent weeks in spreadsheets and modelling various funding methods out, I've decided (for now at least) that this will be a part cash + personal loan purchase, rather than a PCP, HP or lease. I'm looking in the £30k-40k region at used cars and am pretty much decided on 2 finalists, quite different cars admittedly and one is definitely a head purchase, one is heart purchase:
- F87 BMW M2 Comp (head purchase)
- Jaguar F-Type S or R old gen pre-facelift (heart purchase)
I find myself leaning far more towards the F-Type than the M2 comp. It just feels more special, the noise, the power, the looks, even though it's a GT car compared to the more "precise" M2. I know the F-type will likely be more expensive to run and might go wrong more (correct me here if I'm incorrect), some would argue the M2 is better car objectively all around, the tech inside is newer etc - just didn't realise I could get into an F-Type at my budget with not too many miles, and there's a semi sentimental reason for the F-Type which I won't bore anyone with on here.
Wanted to ask before I narrow my search:
- V6 or V8? (I'm not interested in the 2.0L one)
- RWD or AWD
- Any huge red flags, either in annual running costs / maintenance, residuals and depreciation, insurance, theft / security (this is JLR after all), or anything else that which means I should totally avoid a certain model / year?
- Things I should look out for on the description / spec list as must-have options, both to make my ownership nicer but also to help residuals
- Things to ask the seller or dealer about maintenance wise that are known faults needing corrected, e.g. the F Type equivalent of the famous IMS bearing on the 911 996 C4S
- Anything else for me to consider, be aware of etc when making serious enquiries on some listings?
I'm wanting to snap something up before the used market ticks back up so would like to go into a purchase as armed with useful knowledge as possible.
Many Thanks!
G