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Author Topic: £4000 for your Omega.  (Read 6580 times)

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TheBoy

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Re: £4000 for your Omega.
« Reply #30 on: 09 June 2019, 17:06:49 »

The deals do work for some people.

For example, big bro (being a bit radio rental) likes his big Mercs, but is sensible enough to not want one beyond a couple of years old.  So he gets a 2 year deal or a few hundred quid a month, and hands back at the end.

The £16k he pays over 2yrs is far less than the depreciation on buying one...


What of the deposit?
None, unless he wants to tick the options list.

Ok.....so £16000 over  2 years is around £700 each month........so not buttons.

But as mentioned there is the depreciation to be considered.

What Merc does that money give him? ........not a 2 litre derv, I hope. :)
This year, a 3l soot chucker.
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TheBoy

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Re: £4000 for your Omega.
« Reply #31 on: 09 June 2019, 17:07:35 »

The deals do work for some people.

For example, big bro (being a bit radio rental) likes his big Mercs, but is sensible enough to not want one beyond a couple of years old.  So he gets a 2 year deal or a few hundred quid a month, and hands back at the end.

The £16k he pays over 2yrs is far less than the depreciation on buying one...
Doesn't your brother have a business? Can he not use the car for company business and get a tax write off?
He can, but then gets butt raped with personal tax.  So its all swings and roundabouts.
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Viral_Jim

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Re: £4000 for your Omega.
« Reply #32 on: 10 June 2019, 13:15:55 »


He can, but then gets butt raped with personal tax.  So its all swings and roundabouts.

Unless you want to go full milk float, Company Car tax (if you're a higher rate tax payer at least) is absolutely epic, to the point where I don't know why anyone who can operate a calculator would choose to have one.   :-\
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TheBoy

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Re: £4000 for your Omega.
« Reply #33 on: 10 June 2019, 15:55:08 »


He can, but then gets butt raped with personal tax.  So its all swings and roundabouts.

Unless you want to go full milk float, Company Car tax (if you're a higher rate tax payer at least) is absolutely epic, to the point where I don't know why anyone who can operate a calculator would choose to have one.   :-\
Milk float doesn't work for him, he'd spend his entire life at motorway service stations, and time is money...
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2boxerdogs

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Re: £4000 for your Omega.
« Reply #34 on: 10 June 2019, 16:54:38 »

I've just put a deposit on the old Omega that's on the forecourt advertising the scrappage offer, after reading all your comments seemed like a good idea.😀😁😂
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STEMO

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Re: £4000 for your Omega.
« Reply #35 on: 10 June 2019, 17:31:41 »

I've just put a deposit on the old Omega that's on the forecourt advertising the scrappage offer, after reading all your comments seemed like a good idea.😀😁😂
That's the reason that you know the whole offer is a crock of shite. Anyone can buy an old banger for £50 and get £4000 off a new car. They might as well just put a sign up saying 'Four grand off'.
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2boxerdogs

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Re: £4000 for your Omega.
« Reply #36 on: 10 June 2019, 17:51:07 »

I've just put a deposit on the old Omega that's on the forecourt advertising the scrappage offer, after reading all your comments seemed like a good idea.😀😁😂
That's the reason that you know the whole offer is a crock of shite. Anyone can buy an old banger for £50 and get £4000 off a new car. They might as well just put a sign up saying 'Four grand off'.
.   Lots of mugs about Stemo..
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456lbft

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Re: £4000 for your Omega.
« Reply #38 on: 11 June 2019, 12:33:51 »

Do Vauxhall produce anything worth buying new?  :-\
Does any mainstream manufacturer make anything worth buying new? Just been looking at the astra K 1.6 cdti estate, £27K for the elite. In three years and 30,000 miles you will get one for 8-9K.

Hard to imagine anybody being retarded enough to pay that. :-\
I paid £4500 for an Omega, now that probably does qualify me for a padded cell..!
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dave the builder

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Re: £4000 for your Omega.
« Reply #39 on: 11 June 2019, 13:09:11 »


I paid £4500 for an Omega, now that probably does qualify me for a padded cell..!
you paid a premium , but that included a private plate,provenance of history etc
Omega prices are slowly going up for decent cared for cars.
Vauxhalls will never command the money that rusty old Fords make though , ;D
but many people pay for brand new cars and loose £5k in depreciation in one year alone  ::)
you have a £4.5k toy ,look after it and enjoy it    :)
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Migv6 le Frog Fan

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Re: £4000 for your Omega.
« Reply #40 on: 11 June 2019, 15:58:35 »

That is one of the very few Omegas that could turn out to be a reasonable long term investment.  :y
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TheBoy

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Re: £4000 for your Omega.
« Reply #41 on: 11 June 2019, 16:17:15 »

Every Omega I've had has been a decent investment IMHO.  The first cost me just under £3200 in 2003, and served me well for 14yrs.  Thats less than £300 a year depreciation.  TBE cot a little more, though sub £4k, and is still giving good service.  All the others I've made more back from by selling than I paid.

But none were destined to be a classic in 30yrs ;D
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Migv6 le Frog Fan

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Re: £4000 for your Omega.
« Reply #42 on: 11 June 2019, 19:16:50 »

A one off Bugatti wouldn't be destined to become a classic after being driven by you for a few years.  :D
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456lbft

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Re: £4000 for your Omega.
« Reply #43 on: 12 June 2019, 11:27:38 »


I paid £4500 for an Omega, now that probably does qualify me for a padded cell..!
you paid a premium , but that included a private plate,provenance of history etc
Omega prices are slowly going up for decent cared for cars.
Vauxhalls will never command the money that rusty old Fords make though , ;D
but many people pay for brand new cars and loose £5k in depreciation in one year alone  ::)
you have a £4.5k toy ,look after it and enjoy it    :)
Thanks for your reassurance, it all helps. I know it's probably the closest I'll get to a road going toy, all the others are track only. It drives better than most of the Lotus Carltons that I get to work on and look at what they are supposedly "worth". 
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2boxerdogs

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Re: £4000 for your Omega.
« Reply #44 on: 12 June 2019, 13:24:41 »


I paid £4500 for an Omega, now that probably does qualify me for a padded cell..!
you paid a premium , but that included a private plate,provenance of history etc
Omega prices are slowly going up for decent cared for cars.
Vauxhalls will never command the money that rusty old Fords make though , ;D
but many people pay for brand new cars and loose £5k in depreciation in one year alone  ::)
you have a £4.5k toy ,look after it and enjoy it    :)
Thanks for your reassurance, it all helps. I know it's probably the closest I'll get to a road going toy, all the others are track only. It drives better than most of the Lotus Carltons that I get to work on and look at what they are supposedly "worth".
.   


Having seen pics of your car personally I think it's worth every penny  some of my colleagues thought I was bonkers paying £4500 for my old Merc ! Thing is I love it & that's all that counts..😎
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