Peugeot Convertible, $4000, First Car, Looking for Advice and What You Would Do in The Situation

hi.
Long story short, Im going to get some help from my father to buy a car, $3000 and 12 months rego on him.

Im not sure but ive really liked this car ive found. Its a convertible which would be pretty sweet and it doesnt seem to bad.

I rang up the bloke and he told me its been on for sale since the start of the year and it still has no rego.

he also said its his grand daughters car if that matter.

Im only a p plater, turning 20.

If i can manage to lower the price, do you think its worth grabbing? and if i cant lower the price, is it still worth grabbing?

dont forget that i also kinda like the car so please dont recommend I just buy a corolla for the price, try work with me and explain why i shouldnt or should get it, looking for genuine advice.

thanks

forgot to link the car to help you out.

https://www.gumtree.com.au/s-ad/coburg/cars-vans-utes/peugot...

Comments

  • +16 votes

    dont forget that i also kinda like the car

    A convertible Peugeot is something you buy if you're absolutely in love with it, don't mind spending another $5k over it in the next couple of years, is willing to be dripped on every time it rains, and only need to drive it the half of the time it's not in the shop.

    So if you only "kinda like the car"?

    Yeah, get the Corolla. Or not. You're 20, you can afford to make a few mistakes yet.

    Edit: Though just personally, I prefer making mistakes with my own money, not someone else's.

    •  

      I linked the car now in the post. this may sound selfish, but there isnt a lot of money coming out of my pocket right away, if whitin the next year i have to spend near 1000$ on anything, ill just attempt to sell it and move on. its pretty safe moneywise, i think

      • +2 votes

        Will be a bit hard to sell it if it's not running as too many issues. Get your dad or someone mechanically orientated to check it out initially. There'd be heeps second had.

        •  

          yeah, ill take it to mechanic real quick to before purchasing just to double check everything is good.

          • +2 votes

            @tydollasigncuz: With no rego you won't be able to go to a mechanic to check. Your better off paying for pre purchase inspection and then realising it's a money pit.

            With no rego and minor fixes for blue slip it will cost at least $1000 before you can drive it

            •  

              @Mikinoz: I'm pretty sure you can get a 1-day permit to drive an unregistered car for a specific purpose.

              • +3 votes

                @GG57: That purpose is generally to get a blue slip or rego

                • +1 vote

                  @Mikinoz: From VicRoads:
                  Unregistered Vehicle Permit (UVP) and purchase a permit that is subject to specific conditions of use such as:
                  preparing a vehicle for registration; or
                  driving a vehicle from place to place on a one off basis.

                  It is vague enough to qualify as one of those surely.

      • +6 votes

        its pretty safe moneywise, i think

        Well, go ahead and buy it then. As EVERYONE knows, there's a massive secondary buyers market for 15 year old french cars, that's why you see so many of them on the road, with perfect reliability and low maintenance costs, selling for huge money.

      • +8 votes

        Lol.
        I have owned two Peugeots convertibles. They are fun little cars, but I don't have one anymore.
        They cost a lot to maintain, because parts are absurdly priced, and they are a bit of a nuisance to work on.
        I have enough money to indulge my silly whims in this regard, but HighAndDry is correct that you should expect to pay $5000 over a few years in maintenance. For me, this is less than the depreciation hit I would get buying a new car, so if I like driving an old French car it is a similar cost. But don't kid yourself you will be able to keep it running without costly regular maintenance.

        Since it appears this one is unregistered, it will likely need work done immediately. You won't be able to sell the car for as much as you hope, if you find it is too costly - there is a reason this one has run out of rego waiting for a buyer, and that is few people are lining up to buy them. And the transfer costs and rego costs make it costly to turn over cars.
        You could easily spend $1000 a week after buying this if it turns out it needs a new radiator, or starter motor, or any one of a dozen minor things that cost a 1/3rd of that to fix on a Falcon or Camry.

        If you want a fun car, and can afford it, go for it.
        But if you want a reliable car that is cost effective, this would be a disaster.

      •  

        Thanks for the research OP I may need to make an offer myself now..
        Hell no on a 13 yr old Peugot

    •  

      You buy a European car once. Then you decide that ridiculous service costs aren't for you.

  • +7 votes

    What you really want is an AU Falcon on gas.

  • +5 votes

    Undriven for 8 months or so?

    That's gonna cost you even in the short term. Battery, tyres. Have to hope the alternator isn't screwed. Oil & filter etc

  •  

    For your first car you want a reliable car. Sure one that looks good as well. A late Pergeot would be a poor choice maintenance wise in the long run. You do want to know you will make it from A to B. Make sure you have road side assist with towing cover. Just saying. What ever car get it looked at thoroughly and find out likely costs. It might cost you $3k now, but cost a lot more in maintenance and repairs. Good luck.

  •  

    Hooked on the convertible factor by the sounds of it. I wonder if the father may have more say in what car is chosen as he may be the one paying for the repairs?

  • +2 votes

    Omg I’m sorry but that is the ugliest car I’ve ever seen. Get a holden astra convertible for $500 and save the rest of the $$ for repairs.

  • -1 vote

    How about this Astra?

    Might not be quite as pretty as a hardtop, but has less k/m on the clock and should be cheaper to fix if things go wrong. If not this one there are 3 others available in Melbourne for about the same price.

    • +3 votes

      This is a worse suggestion than the Peugeot. TS astra is a mighty piece of shit, even more so in convertible form. It is not cheaper to fix, and things will go wrong.

      Pretty sure op has no job and shortly no place to live, having a convertible should be well down the priority list. Buy a cheap little corolla, Yaris, gets, accent etc.

  • +5 votes

    French and topless… you are a glutton for punishment… if you need to borrow $3k off your dad, better double that for what it’s going to need.

    Buy a car with your head, not your heart. Save the shitbox project type cars for when you can afford them. Get something tried, tested, reliable and cheap. A convertible Peugeot is none of these things…

  •  

    I Wouldn't Buy It

  •  

    I agree with what others have said. Still if you must buy this car, make sure that you pay few extra $$ and do a history check. You don’t want to find out that it was written off in an accident and it is a good looking repair job. Then you can even have issues in re-registering the car. BTW, you will have to take the car to VicRoads for inspection prior to registration. This is going to cost you. If you allow your mind to rule your heart for a moment, save up a bit more and get a better convertible if you must.

  •  

    I made the mistake of buying a used Citroen C5. It's a mistake you only make once! It wasn't long before bits started falling off. French/Euro cars are VERY expensive to fix and maintain as already stated.

  • +1 vote

    username checks out

    these are cr4pboxes even in europe where you can get spare parts (and you WILL need spare parts!). A drop top in a country where it rains 200mm in a day then has a 40+ heatwave?

    Buy japanese or south korean and thank the forum when you aren't stranded by the side of the road in your 'sweet' ride, being passed by people driving toyotas, mitsubishis etc.

    TL:DR

    $3,000 peugeot = $3000 car + $3000 annual repair bill (conservative estimate)+ completely unsellable as who in their right mind would buy even a working one, let alone a non-rego one?!?!?! Burn your money.

  • +1 vote

    Hey a convertible sounds sweet… imagine driving through the mountains with the wind in your hair.

    My friends has this car and trust me, you will only feel this way in the first couple of months, then that top will never go down again.

  • +1 vote

    Whilst you're at it, maybe shortlist the Captiva and maybe a few repairable write offs.

    See if you can get custom plates - R3GR3T

  •  

    I've noticed a few of these on Gumtree, Greys Auctions, etc. recently and having had Peugeot and Citroen before (but not convertibles) I know the appeal the French have.
    In general, we had minor problems with those cars, the biggest being the electricals in the Peugeot. Lights would blow regularly, but more of a nuisance than a big issue (replacement bulbs are not expensive).
    We had them serviced at non-dealerships, no problems.

    Would I buy a French brand again? Probably not, but I keep looking at them and thinking it might be fun.

    Would I buy a convertible? Probably not (in Melbourne), I see too many where the driver and passengers are getting plenty of 'fresh air', hair going everywhere, and they honestly don't look to be enjoying it.

  • +1 vote

    Wife had a Peugot 206, 2000 dollars in servicing just after buying, and it didn't get better. Would never buy another.

  • +1 vote

    No, absolutely not. I had the same experience with a Saab when I was 21. Don't make the same mistake I did!

  •  

    No. Lots of issue in that car usually. Among the few peoples whom I know and have bought the car they have suffered quite a lot. So DEFINITELY NO.

  •  

    If you want a car to fix up then get something that will hold value like an air cooled beetle, 1970s or earlier Holden / Ford, etc.

    Run away from the french car unless it's a 2CV or a Citroen DS

  • +1 vote

    I heard that a really clean engine bay may mean they are hiding an oil leak or something. beware.

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