Fiesta driver seeks value performance

david25 · 3 Aug 2010 at 16:09

iaind said:
Golf GTI is probably the best thing I can think of too

Insurance: £1000
Fuel: £800
Maintence: £800
Tax: £235
Depreciation: £1000
Loss of return on capital: £225.42

£4060.42

If you like the sound of that, then you have the usual suspects:

VRS 2.0TSFI
A3 2.0TSFI
Seat Leon Cupra 2.0TSFI

degen · 3 Aug 2010 at 16:29

david25 said:
How about a nice sensible http://www.pistonheads.com/sales/1913869.htm

I don't understand why these are SO expensive.
I mean £11,295 for a 5 year old Golf with 200bhp and awful seats...

SithUK · 3 Aug 2010 at 21:57

What about an R32 Mk5 Golf (£10k-£12k)?

Insurance: £700
Fuel: £1270
Maintence: £850
Tax: £235
Depreciation: £1000
Loss of return on capital: £550

Total: £4600

Overlag · 4 Aug 2010 at 08:52

degen said:
I don't understand why these are SO expensive.
I mean £11,295 for a 5 year old Golf with 200bhp and awful seats...

aye... Its because its German so must be BMW quality so everyone pays extra for it

mjt · 4 Aug 2010 at 09:36

Perhaps it's just that everything else is cheap?
And there was me thinking that strong residuals was a good thing :rolleyes:

Mucky_Pup · 4 Aug 2010 at 09:40

SithUK said:
What about an R32 Mk5 Golf (£10k-£12k)?

Tax: £235

Guess again.

[TW]Fox · 4 Aug 2010 at 09:47

mjt said:
Perhaps it's just that everything else is cheap?
And there was me thinking that strong residuals was a good thing

Not when buying used on a budget as you end up in a much older car, as you well know!

Scania · 4 Aug 2010 at 09:56

^^^

That was not very in depth....

Saytan · 4 Aug 2010 at 10:03

his inital choice was a 120d. he neither wants or needs the go of an R32 or similar.

mjt · 4 Aug 2010 at 10:13

[TW]Fox;17085362 said:
Not when buying used on a budget as you end up in a much older car, as you well know!

The Golf GTI is a good car though.
So what if it's older? It's not necessarily a bad thing if it's in excellent condition.

If it has strong residuals, then there's no reason why you would lose more money than if you bought something newer for less.

[TW]Fox · 4 Aug 2010 at 10:16

Spending 12k and ending up in a 5 year old Golf is irritating.

iaind · 4 Aug 2010 at 10:30

To you, because you dont like Golfs. To someone who likes them, I imagine it wouldnt be irritating

PMKeates · 4 Aug 2010 at 10:38

iaind said:
To you, because you dont like Golfs. To someone who likes them, I imagine it wouldnt be irritating

That's a bit like saying that to someone who likes 486 DXs, spending £1k on one wouldn't be irritating. Maybe not, but at the end of the day, it's not very good value for money considering what else is available.

The typical Golf buyer does not purchase one because they love or even like them, they purchase it because they think it's a good car that meets their needs. That is often a misguided conclusion.

iaind · 4 Aug 2010 at 10:44

PMKeates said:
That's a bit like saying that to someone who likes 486 DXs, spending £1k on one wouldn't be irritating. Maybe not, but at the end of the day, it's not very good value for money considering what else is available.

The typical Golf buyer does not purchase one because they love or even like them, they purchase it because they think it's a good car that meets their needs. That is often a misguided conclusion.

Well no, because a 486 simply isnt worth that. A Golf GTi is worth 12k.

PMKeates · 4 Aug 2010 at 10:52

iaind said:
Well no, because a 486 simply isnt worth that. A Golf GTi is worth 12k.

If that were seriously your only thought on the matter, I'd chase after the point that just flew over your head and try to explain it again, but I cba.

[TW]Fox · 4 Aug 2010 at 11:02

iaind said:
To you, because you dont like Golfs. To someone who likes them, I imagine it wouldnt be irritating

Rubbish. To put it another way the concept of spending 15k on a 5 year old 5 Series is also irritating.

Vonhelmet · 4 Aug 2010 at 11:09

iaind said:
Well no, because a 486 simply isnt worth that. A Golf GTi is worth 12k.

Is it worth that because it's £12k of car, or because that's what the market has determined people will pay?

iaind · 4 Aug 2010 at 11:55

[TW]Fox;17085781 said:
Rubbish. To put it another way the concept of spending 15k on a 5 year old 5 Series is also irritating.

How so?

vonhelmet said:
Is it worth that because it's £12k of car, or because that's what the market has determined people will pay?

Values of anything are determined what people are willing to pay, so the latter

[TW]Fox · 4 Aug 2010 at 12:19

iaind said:
How so?

Because after only a few years of ownership its a 7 year old car, then an 8 year old car, etc with all the niggles and frustration that brings. And the tolerance for said niggles and frustration is lower the more money you spend.

You drive a 10 year old car, for example. It is full of niggles but you dont mind as it cost you 1500 quid. Imagine it was 18 months newer, had the same niggles, but you'd paid £15k for it 3 years ago..

iaind · 4 Aug 2010 at 12:21

Well it depends how long you plan to keep a car I guess, if you want to keep it for 3,4 years upwards then fine - but some people only keep a car a year or so.

My car is nearly niggle free now anyway, AC is being sorted at 1 and then it'll be perfect