4k car no point?

was looking at a maxda6 the 2.3l version. found a few for 4k/just under with about 60 all the way up to over 100k miles on. i do like the look of these cars but i have heard good thing about the modeo ghia x also but imo doesnt look as good!

I've been looking at these and any worth looking at start around 6ish K :) (Mazda 6 that is)
 
i have planned to get a car within the next year for 3 to 4kish. was lookinmg at mazda6's. I have however been told by a few people that its not a good idea to spend this money as it wont buy my a crap car but neither will it a good car. Is this sensible? surley there must be decent 3/4k motors out there.
What we found was a lot of cars in that £4K price point were on that edge of being old or high mileage and *only just* clinging on to the last of their value. Just a few more miles or another year older and they were generally about to become worthless and needing the expensive cam belt change or similar big overhaul. We decided to go a bit higher because the depreciation was going to be similar but we'd have a much newer and lower mileage car. Similarly, if you go lower you can skip the sudden last bit of depreciation but end up with basically the same car as the £4K option.
 
There's no better or worse car buying budget. Although we'd all like to have £50k to splash on our next purchase that's seldom the case. The trick is getting value for money, however as with all good cars prices are set by supply and demand. I'd often argue that the more unpopular a car is (lowering demand) the better deal you get, others look at it from the other direction and buy Golfs.
 
also you dont need to spend 4k to get a good car ive just bought a new shape v70 2001 for £1200 and its a beauty :D

I really think calling a 10 year old car 'New Shape' is pushing it a bit, don't you? It quite obviously isn't 'new shape' as it looks very different to the 2011 V70 :p
 
What we found was a lot of cars in that £4K price point were on that edge of being old or high mileage and *only just* clinging on to the last of their value. Just a few more miles or another year older and they were generally about to become worthless and needing the expensive cam belt change or similar big overhaul. We decided to go a bit higher because the depreciation was going to be similar but we'd have a much newer and lower mileage car. Similarly, if you go lower you can skip the sudden last bit of depreciation but end up with basically the same car as the £4K option.

Ditto, hence i ended up with a 3 year old car for 6.5k.

Although.....£4k car can be had, in my search i found a nice 1.3L 07 plate Yaris for £4k. It was gone real quick though.
 
You could probably get yourself a well looked after Civic for about £4k. I'd imagine there would be plenty of Ford Focuses/Mondeo's around at that price too.

Of course this may or may not be suitable depending on your individual requirements.
 
Dont be silly - there are plenty cars, but it is dependent on what you are looking for? If you want something new then look elsewhere, but there are plenty in this price range that are reliable as long as you look after them.

For example 3 yrs ago i needed a car that could do a lot of miles, and be an upgrade from my N reg polo. Got a celica for 4k, have clocked up 60000 miles in that time and still going strong with no signs of it dying yet.

Make sure you check it out well before buying, and if you are unsure about what to look for take someone with you who does
 
I am getting at, if I had spent more I would have got a car that wasn't about to need a lot of 'routine repairs'

No - you'd be just as likely to buy something needing servicing/consumables, especially if you dont check basic things like cambelt schedule/history, tyres and brakes.
 
No - you'd be just as likely to buy something needing servicing/consumables, especially if you dont check basic things like cambelt schedule/history, tyres and brakes.

Servicing I do myself - peanuts, brakes I do myself - peanuts, cambelt I do myself - cheap but usually a fair bit of messing about.
I have never paid to have a car serviced in my life.

What I was saying is this £4000 you get a 'nice' car that is about to need all of the above, if you think the car is worth the outlay fair enough.
Buy newer and you shouldn't need any of the above for a while.
The cost of having all the items repaired that I listed at a garage would be considerable.

I have run old cars - I usually spend more that I should getting them back into A1 condition and therefore it doesn't make much financial sense

Brand new cars - 37,000 miles in 6 1/2 years hardly seems to justify the outlay and depreciation of a new motor

So I have now bought a 3 year old Octavia L & K, highish miles with a full history for a fraction and I mean a 1/3 of its original cost.
It looks like new, drives like new and yes it sounds just like a Golf!!
 
[TW]Fox;20011075 said:
I really think calling a 10 year old car 'New Shape' is pushing it a bit, don't you? It quite obviously isn't 'new shape' as it looks very different to the 2011 V70 :p

Obviously it's not the 2011 shape at £1200, I thought that would be obvious. But apparently not, there were 2 shape in production that year and mine the new one that they used up until 2007, and to be fair there really isn't that much difference in the general shape
 
Bought my 2000 Micra in September 2005 for £3000 (£2600+service+MOT+tax+1yearwarranty).

Six years have passed and all that went wrong with it is the driver's window came off the runner and needed glueing back on - Cost me 1 hour of labour.
Everything works and it starts first time. No rust.

If I was to sell the car today I would put it up for £850 and take £700-750. So depreciation has been little over £350 per year.
There are absolutely thousands od good cars around for £4000, however I would argue there are more turds around than good ones*.



*'Good' meaning in good condition, not a mk4 Golf GTI but has a caved in door and rusty arches.
 
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