The time has come

[Peerzy]

From ST to two cars - You said earlier in the thread you've always had two cars?

 

[[TW]Fox]

Yea, a Mondeo and previously a Yaris as well

 

[MikeHiow]

I have, but one has always been a super cheap run around, that hasn't been used much.

 

[DRZ]

So why did you get the Focus again?

 

[Housey]

I have, but one has always been a super cheap run around, that hasn't been used much.

 

[Janesy B]

Car ownership ladder... this is like going from a modern 3 bed semi to a dilapidated flat above a chip shop.

Absolutely epic, Mike H, you are my idol.

 

[Kenai]

Here you go shifty - these posts right here are a good example

 

[[TW]Fox]

I have, but one has always been a super cheap run around, that hasn't been used much.

Good plan. Why not carry on with it?

I want to focus on more important things than owning a fast car.

Just to re-iterate, I don't want/need a fast, sporty car

Fits with that, as well.

 

[MikeHiow]

I changed my mind, I do that a lot.

And for the sake of using some money that would otherwise be doing nothing, I could lower running costs from the Mondeo and have something I want?

 

[[TW]Fox]

And for the sake of using some money that would otherwise be doing nothing

Investing. You are doing it wrong if the money is otherwise doing nothing

I could lower running costs from the Mondeo and have something I want?

I'd be amazed if a Civic Type R costs less to run on a limited mileage basis than a Mondeo V6.

 

[Simon]

It just gets better.

Do they have banks in the Iow?

 

[MikeHiow]

I haven't worked it out, but comparing something that does 20MPG to something that'll do 35MPG under the same conditions and probably average around 30 on the road. Then add the factor that the Mondeo requires 18" tyres and the DC2 15", then I think the DC2 is probably slightly less, as there isn't much in it for insurance.

As for investing, that isn't really my thing. I'd rather just enjoy my money.

 

[L0rdMike]

Whats the difference in cost between 20mpg and 35mpg on a weekend car that does say 4k a year?

 

[peterattheboro]

Thought you were getting an EK9?

 

[loltim]

Seems like it's more of a slide than a ladder?



Cars depreciate. Welcome to car buying 101. Even an EK9 will depreciate. Ask Tim - I notice you've stopped citing him as a reference since he said he lost £2.5k+ on his and that his Clio is pretty much as good.

£2500 is a relatively small loss in 3 years isn't it?

 

[[TW]Fox]

I haven't worked it out, but comparing something that does 20MPG to something that'll do 35MPG under the same conditions and probably average around 30 on the road.

It's a weekend car. If you buy a Civic Type-R and average 35mpg with it you might as well have bought a Civic 1.4 Vision. You wont get 35mpg and deep down you know this. If its used properly it will be low 20's. If it isnt used properly then its just a very expensive old Honda Civic hatchback.

Then add the factor that the Mondeo requires 18" tyres and the DC2 15",

Easily solved. There will be a queue around the block for people willing to swap your Mondeo's 18's for 15's or 16's if you want that. Cash your way as well.

As for investing, that isn't really my thing.

No, I suspect not.

 

[[TW]Fox]

£2500 is a relatively small loss in 3 years isn't it?

I agree, though in MikeH's case it would account to 50% of the purchase price or infact 100% of the value of a Clio 172 he says he wont buy becuase it will 'depreciate'.

 

[MikeHiow]

£611 a year at 35mpg
£1072 at 20MPG

£461 a year before you consider tyres.

I doubt I'll see 35, but given that sometimes I'll have to drive like everyone else because of traffic, time of day etc. I don't see close to 30 as impossible.

 

[[TW]Fox]

£611 a year at 35mpg

See above. If you honestly have a 35mpg average over a year fuel economy figure in your workings then you really are miles worse than I ever imagined.

I didn't even average 35mpg on a day trip to the IOW with my gran in the passenger seat in a 2 litre Mondeo, let alone thrashing a hot hatch.

 

[loltim]

£611 a year at 35mpg
£1072 at 20MPG

£461 a year before you consider tyres.

I doubt I'll see 35, but given that sometimes I'll have to drive like everyone else because of traffic, time of day etc. I don't see close to 30 as impossible.

That's one good thing about an EK9, 35 quid for a Kumho KU31 195/50/15