New Corsa dilema

Subby

Subby

Subby

Associate
Joined
3 Dec 2002
Posts
259
Location
M40
I have an R reg Rover 200 1.4 that does about 300 miles to a £35 tank and I do 120 miles per day. The car is getting a bit long in the tooth, can be unreliable at times and is developing a few squeeks.

I'd like something newer and more economical, ideally a Corsa D 1.3cdti sxi or design. I work for a GM partner so can get a new cdti sxi for £10,808 on 0% for 3 years. How much would a new Corsa depreciate if I added all these miles to it everyday? Should I run the old Rover into the ground?

Anything else I need to consider?

Thanks for the help :)
 
My workmate has just done something similar for his daughter.

If you have owned your Rover for 2 years (I think) and is MOTd and roadworthy, you can trade it into Vauxhall for £1000 (presuming your car is worth less) on this ecoflex initiative.
Try and play a few local dealers off each other, in the end he got the 1.3cdti club (I think) with quite a few options for £8.5k (9.5k without the ecoflex) which I don't think is that bad for a pretty decent brand new car with free insurance for the first year aswell.

If you are after a new car then it's a pretty decent option in my opinion, however if you're planning on spending 10k to save some money then it'll be a false economy.
 
there's got to be room to haggle in there and like spaz said trade in??

there's NO WAY i'd pay 11k for a Corsa!!
 
Deals like this work well if you're a middle aged woman who treats her car in the same regard as her washing machine and won't change it for 10 years if nothing goes wrong. That's £1000/year to own the car minus whatever it's worth at the end (£1000?).

However, if you're only going to keep it for a year or two, you're going to be stung heavily by the depreciation. Therefore you'll probably find that, for similar 'real' cost, you can have a better car (like a MINI) with lower depreciation on PCP.
 
God, dont buy a corsa if you're doing 120 miles a day in it. Its really not comfy except for short trips, even then, if you've got long legs, you get wedged into a silly position.

I drive one, hate it, dont buy one.....definately not for 11k!
 
Last edited:
I wouldn't go for a 330D but I definately wouldn't go for a 1.3 diesel corsa.

Why not go for something like a 2nd hand Fabia vRS with very few miles on it?

I'm sure you could probably get a deal like that with almost 0 interest.
 
You would be better off getting a bigger car - medium or family sized diesel car for long journey in comfort. Diesel car like Ford Focus/Mondeo or Skoda Octavia.

BMW 330D? Oh come on! :rolleyes: He's doing 120 miles a day and he's looking for economical car! :p
 
barnettgs said:
You would be better off getting a bigger car - medium or family sized diesel car for long journey in comfort. Diesel car like Ford Focus/Mondeo or Skoda Octavia.

BMW 330D? Oh come on! :rolleyes: He's doing 120 miles a day and he's looking for economical car! :p
Click to expand...

It does 40mpg + whats wrong with that?
 
barnettgs said:
Obliviously, you haven't taken in what OP has said in his first post.
Click to expand...

38mpg actually and it will get AT LEAST 40mpg on a run, looking at a previous thread, the other factor is the car is getting old and tired, a 3 series will be miles better at going long distance and he won't have to fill up as much, so put the handbag down.
 
barnettgs said:
Thats roughly what OP is getting with his rover! 40MPG may be fine for you but not with 120 miles every day or £35 for less than 3 days!

Obliviously, you haven't taken in what OP has said in his first post.
Click to expand...

Yeah of course, obviously I didn't :rolleyes:

40+ mpg, very comfortable care, easy to drive.

Or you could go in a rubbish little corsa, uncomfortable, noisy, not nearly as easy a drive, plus it may well be worth less than the 330 after X number of years.
 
Cheers for the responses. I really am looking for something cheap to run, cheap to insure and comes with a warranty. 0-60 times don't really bother me and a new corsa can't be any less comfortable than what I currently drive.

I would definately save money on petrol, but as someone else has stated would I just be spending money to lose even more with the depreciation on the car with all the miles that are added to it?

Remember I don't want a bank loan at 6%, I want 0% :)
 
Subby said:
Remember I don't want a bank loan at 6%, I want 0% :)
Click to expand...

Just a rough example, but say

You buy Corsa for £9500 @ 0%

You sell it in 3 years for £5500

Loss = £4000

You buy car X used for £9500

Sell it in the 3 years for £6500

Loss = £3000
Interest on loan = £300

Saving = £700

0% on a new car is pretty much never better than 6.2% on a used car, ime.
 
jamief said:
Just a rough example, but say

You buy Corsa for £9500 @ 0%

You sell it in 3 years for £5500

Loss = £4000

You buy car X used for £9500

Sell it in the 3 years for £6500

Loss = £3000
Interest on loan = £300

Saving = £700

0% on a new car is pretty much never better than 6.2% on a used car, ime.
Click to expand...

£950 in interest if £9,500 is taken out over 3 years at 6.5%
 
You must log in or register to reply here.
Back
Top Bottom