What a ripoff!!! (Ford Fiesta LX in general)

Name: JarJar

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Product:	Ford Fiesta LX in general
Date:	08/09/00 (642 review reads)
Rating:

Advantages: get a new car

Disadvantages: rubbish finance options, don't make any money on car

In the last 2 years I have bought 2 brand new Ford Fiestas. The first occasion was Jan 98 when I purchased a ford Ghia. I got a 25% discount on this with the family loyalty voucher. I took the finance with Ford Credit Options. Just before my 2 years were up I traded it in last September for a new Ford Fiesta LX. The dealer that I went to only gave me a trade in figure that ,atched the amount I owed. The car was worth a lot more as I purchased it 25% cheaper but this didn't seem to matter. The new car is more expensive monthly even though it is a cheaper model and I have taken the credit over 3 years instead of 2. I want to now get rid of this car as I am just about to move and can no longer afford the monthly payments easily. I know that unless I sell it privately I will only get back the figure that I owe. I think this whole scheme is such a rip off, as even though car manufactures are lowing the price it still doesn't make sense that at the end of your option period your car is only worth the amount that you owe. Even when like me you have had a discount of the purchase price. I have decided that the next car I buy will not be new and probably won't be a ford because of this.

Summary: