Grim... wrote:
ComicalGnomes wrote:
I was aware at that point I could have got a larger car with a few miles on it for about the same, but remember I was keen to get a sub 1.4 car so that it would be cheap to run.
That's an odd theory - a Mondeo ST24 would set you back about £2k, and £5,200 would get you a
lot of petrol.
It's only an odd theory if you're figuratively made of money, Grim...
£5200 will buy you, what, 4300 litres of petrol? (prices may go up as well as down).
The ST24 appears to do about 18 mpg, let's call it 4 miles per litre. So that's only 17,000 miles, which you might use up in a year.
A smaller car like the VW Fox will use less than half the fuel, so the difference could be made up in a couple of years (depending on the mileage). And it'll still have a decent resale value in 4 years.
Or instead he could have picked up a small car for £2000, and been saving money from the outset. Either way, seems pretty sensible to me.