Is it worth getting a car on hire purchase?

[ZARDOZ]

You don't feel reliability, you measure it.

The number of engine failures for n engines for a given population of vehicles is a useless statistic to report unless you know the combined milage of those vehicles, which was not given.

I know that, some people don't.
Engine failures from a warranty company is useful information. They will only cover that are servicable with a useful warranty and you would expect premium brands to last, we can only assume that most cars do an average milleage so your point is largely irrelevant. Moreover, the top failure was MG, is that because MGs do higher mileages or MGs are tulip? MGs are known for engine problems so it backs up these results. So yeah, take this on it's own and think could there be something here, is there something else going on? then see more evidence elsewhere, and realise there probably is a reliability issue. There is certainly no added value.

In general, The combined evidence is out there that German cars are on the whole less reliable than Japanese (there are some exceptions). If you don't believe it just post some evidence that proves otherwise, so far you have not and just gone with your gut feeling.

[TykeMerc]

Please remember if it's the German, Japanese debate that Scooter (despite being an illiterate Scotsman) is obsessed by the supremacy of his adopted German homeland, even inconvenient things like facts will never bend that view.

I honestly don't know what the figures state these days, it certainly was the case not long ago that the Japanese topped the accepted measures of reliability and Merc had some issues.

In response to the original post since many of NWP2C's posts were about him wanting expensive cars, badges being important and I even recall an obsession with BMW X series heaps needing finance I'm a bit surprised he feels the need to "ask" on here.

[scooterscot]

I know that, some people don't.
Engine failures from a warranty company is useful information. They will only cover that are servicable with a useful warranty and you would expect premium brands to last, we can only assume that most cars do an average milleage so your point is largely irrelevant. Moreover, the top failure was MG, is that because MGs do higher mileages or MGs are tulip? MGs are known for engine problems so it backs up these results. So yeah, take this on it's own and think could there be something here, is there something else going on? then see more evidence elsewhere, and realise there probably is a reliability issue. There is certainly no added value.

In general, The combined evidence is out there that German cars are on the whole less reliable than Japanese (there are some exceptions). If you don't believe it just post some evidence that proves otherwise, so far you have not and just gone with your gut feeling.

There's no such thing as a warranty company. Warranty is an offer of guarantee by the manufacturer. For the manufacturer to profit from warranty they need to convince themselves their product shall see a certain milage or time before failure. Electronics age with heat, by in large cars with milage. Those are measurable deterministic quantities. No assumptions need be made, like you suggest. So my point very relevant.

I'm not arguing in favour of german cars, as others are suggesting, I'm only highlighting the flaw in the story. There's no mention of milage.

[ZARDOZ]

There's no such thing as a warranty company. Warranty is an offer of guarantee by the manufacturer. For the manufacturer to profit from warranty they need to convince themselves their product shall see a certain milage or time before failure. Electronics age with heat, by in large cars with milage. Those are measurable deterministic quantities. No assumptions need be made, like you suggest. So my point very relevant.

I'm not arguing in favour of german cars, as others are suggesting, I'm only highlighting the flaw in the story. There's no mention of milage.

Warrant Direct is a Warranty company, they did the research.

[stek]

There's no such thing as a warranty company. Warranty is an offer of guarantee by the manufacturer. For the manufacturer to profit from warranty they need to convince themselves their product shall see a certain milage or time before failure. Electronics age with heat, by in large cars with milage. Those are measurable deterministic quantities. No assumptions need be made, like you suggest. So my point very relevant.

I'm not arguing in favour of german cars, as others are suggesting, I'm only highlighting the flaw in the story. There's no mention of milage.

Course there are warranty companies, when I was working for a franchised motor dealers the salesmen got most of their commission from flogging a warranty 'deal' on a second-hand motor.

[I just need to test it]

Think I might have just found my ideal car:

Toyota Corolla Verso 1.8 VVT-i T Spirit 5dr MMT

Going to check it at weekend

Looks a good option, especially as your wife's mileage is likely to be low. No point spending 10K on a newer version and watching it depreciate.

[scooterscot]

Warrant Direct is a Warranty company, they did the research.

No. warranty is something only a manufacturer can offer.

If you look at the small print of that site it clearly states they are an insurance company. A quote from their website:

We specialise in mechanical breakdown insurance

Now ask yourself why would it be in the interest of an insurance company to make such a claim? Well if we charge higher premiums for those 'expected' unreliable cars, which do not turn into claims, that'll be nice for us.

I've already had a beer this afternoon, thinking of another, please tell me your not this gullible? You know the day sheep start thinking for themselves we're fooked.

[scooterscot]

Course there are warranty companies, when I was working for a franchised motor dealers the salesmen got most of their commission from flogging a warranty 'deal' on a second-hand motor.

If that's what they call themselves that's fine. But a warranty can only be offered by the manufacturer of something. From the dictionary:

warranty |ˈwɒr(ə)nti|
noun (pl.warranties)
1 a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time:

I'm a hospital. If you're sick I can make you better, I'll just send you to be nearest private 'real hospital' for a special price.

Does anyone want to buy my flying carpet? £13,420 ono, very few air miles but comfortable.

[BolshieBastard]

Mercedes Benz C Class Coupe C220 CDI AMG Sport Edition Auto (Premium Plus), £340pm on a 4 year personal PCP with a deposit of just under a grand!

That's a lot of brand new car for little money. If I was looking for a car right now, Id be on the case.

Mercedes-Benz C Class Coupe C220 CDI AMG Sport Edition Auto (Premium Plus)

[Troll]

Mercedes Benz C Class Coupe C220 CDI AMG Sport Edition Auto (Premium Plus), £340pm on a 4 year personal PCP with a deposit of just under a grand!

That's a lot of brand new car for little money. If I was looking for a car right now, Id be on the case.

Mercedes-Benz C Class Coupe C220 CDI AMG Sport Edition Auto (Premium Plus)

I just got a E220 coupé through these lot

cars2vans

I do them on a 2 year lease & never really investigated PCP as at the end I don't want to own the vehicle - just hand it back

So you are basically funding the depreciation but as Buffet says :-

if it depreciates lease it - if it appreciates buy it