Thanks
I'll speak to Capital Bank, credit check has their no. I'll post the responsre I get.
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Im srill trying to work out why anyone would want to buy a Rover Streetwise? ? ?
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And I was beginning to like you as well X.
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They are cool cars.
or badly cooled !
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Don't. My opinion of one suppoedly cool person on here has taken a nose dive. Don't join him ;-)
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a proper hpi (certainly when i do one) will give you the contact telephone number of the finance house and the credit loan application number,you must phone them get the full low down and if you are going to proceed get the full name of the person you are speaking to the date the time and the size of their shoes and ask them for a conformation letter that the finance HAS been paid,if you do not get all this then RUN AWAY
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It turns out that Capital Bank took posession of cars after Rovers demise and notified credit check companies of their interest in the cars, and as they disposed of these then they should have cleared each one, but they haven't, so credit checks come up with finance agreement outstanding,
As to why buy a Streetwise, it's down to value,. First used on the road in Jan of this year, with purchased warranty, just 1,700 miles. Ok looks silly, but it's just about new and for the same price as a 5 year old Focus with 60,000 miles, seems worth it to this impecunios teacher.
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Except that you'll be able to get the Focus fixed when it breaks. The Streetwise is a low volume model from a (relatively) low volume manufacturer that went out of business some time ago. It has trim and possibly other bits that are specific to it. Good luck getting hold of those. A normal 25 would make slightly more sense, but only slightly.
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Oh, and another thing. Even if this car was built in the last week of production it stood around somewhere, probably a muddy field, for most of 2005. It has done 1700 miles in 8 months, so it's spent most of 2006 standing around as well. This is not a good thing.
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Overend,
Mostly stated above, but think of this scenario...... minor no fault accident, car behind hits you, damages the wing and lights....... can you afford to have the car off the road for many months trying to source bumpers/wings etc.
If you can & can borrow/hire something else, then maybe worth the risk, but otherwise is it worth the hassle?
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Not to mention the infamous K-Series. (Assuming that's what's in this).
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I've looked on Autotrader and prices seem high to me: cheapest about £4500 for a 3 year old car.. and some at £7k.
I hope you are not planning to pay more than £6k.. cos if you do imo it's overvalued vs competition - and that's BEFORE looking at spares.
Buying cars from defunct makers : especially low volume ones (no spares) means you should be aiming as a minimum discount from list price of 50% to comepensate you for the risk.
You are paying no more than 50% of list?
if not, it could be a financial disaster (and all the road tests were not very kind)..
madf
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You have not mentioned how much the car is. I think you are looking at a gamble here - you lay out £???? for this car, run it 5 years at the end of which I would guess it would be worthless; or somebody shunts you in 2 weeks time, your car is off the road for a long time for parts or is written off and you get a derisory payout. It is a car so you going to lose on it whatever - all that will vary is the time! BTW some 2006 cars are off the road for unobtainable parts right now; Touran Air Con condensers are on the list. Litle chance for you with an older car whose manufacturer has been sold up. For the money you have or could afford I am sure you could do a lot better than a Streetwise!
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Not with a ten foot driveshaft...
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With so much Rover stock out there to be disposed of, is it worth the hassle even to track down an explaination as to why the credit check isn't clear? There must be yards full of Rovers and MGs with clear paperwork looking for buyers at knockdown prices.
If not, there have been very good deals on Nissan Almeras and Kia Rios, for example, discussed here in recent months - both cars that enjoy good reputations and should pose no problems to keep on the road for years to come. And there will be plenty ex-rental stock coming on the market as the holiday season ends - which might also be a better bet than a Rover, IMO.
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I have a simple rule as a buyer.
I expect the seller to remove all obstacles in my way so I (ME!) don't have to worry about them. It's the SELLER's job to make sure what they are selling is easily bought.
If they can't be bothered to check the HPI status and sort that - which is a BASIC of car buying - what else can't they be bothered about?
So ignoring Rover/the car/spares etc, I would as a matter of principle, NOT buy it.
Plenty people elsewhere who make buying an easier experience. Deal with them. Not people who can't be bothered.
I apply it to everything (unless rare, unique and one of a kind that is a MUST HAVE - like a house). A Streetwise is neither rare, unique nor a must have.
madf
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>>there have been very good deals on Nissan Almeras and Kia Rios.
Or Kia Pincanto, Fiat Panda, Fiat Punto, Vauxhall Corsa. All available new with 0% interest or as preregistered at a good discount. All will be a better financial bet then a Rover.
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Roger
I read frequently, but only post when I have something useful to say.
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Rover (former?) dealer near me in France had a Streetwise in the showroom for nearly 2 years, ie until recently. Even then I'm not sure it was sold. Only place I ever saw one on the road was in Spain, oddly enough.
Don't do it...
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I understand where you are all coming from, but my previous car was a Fiat Marea 1800 saloon, which I bought at 18mnths old with 16,000, for £4500, ran for 4 years sold for £1200, did 90 on the motorway all day long, passed its 2 mots with no work, largest item of expenditure was an exhaust. And i can imagine the reponse if I has asked for buying advice on that model before purchase. So I am looking for the same sort of value.
There is no doubt that the comments ref the trim. lights are correct, but with 1700 miles ( plus a year in a field), and for well less than £5000, I think it is potentialy excellent value.
PS I nearly bought one in Cardiff yesterday but was beaten to it, an 04 SE, 1 owner, 22,000 sold for £3400!
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Seriously overend - there are a lot of clever people in this thread and they're all telling you to avoid it. Forget the low miles and just remember the words "Rover", "K-Series" and "Parts"!
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there's nothing wrong with buying an unpopular car if you want value for money....... just choose one still being built or where the manufacturer still exists
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PS I nearly bought one in Cardiff yesterday but was beaten to it, an 04 SE, 1 owner, 22,000 sold for £3400!
saw one do this in auction at leeds today and bidding was brisk,i was shocked,got to say the 75"s werent wanted though (1800"s)
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oh and an o3 kia shuma couldnt get a bid of £500 (few dents mind)
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A diesel Streetwise makes some sense. I would not have one with the K Series.
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There is a lot of rubbish talked about the K series engine.
I have just bought a 3 year old '25 for £2,800 at auction and if it's half as good as the 'Y' reg 25 my son has just written off (at 65,000 trouble free miles) it'l be fine.
Trouble with the streetwise is all that awful plastic stuff glued to it.
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