Cheap motoring....

[Lugy]

I've just roughly worked out something pretty good interesting.....

Right, now I spent £995 on my S320, granted it isn't showroom standard but it's well above average for a 12 year old car.

So anyway, a cheap economical, car just now is a Daihatsu Sirion 1.0S. It does 56mpg combined and it costs £8,320 (the base model).

Buy the time I do 39000miles, I'd have spent the same as the Daihatsu costs just to buy (not to actually put petrol in the thing).

Now I've not taken into account the £200 or so for a years tax on the Merc or any servicing or repair costs either but still, there's alot to be said for buying cheap car's, even though Mr Government says otherwise

Oh, and have a look at what you get for £8320...

http://www.daihatsu.co.uk/sirion/

 

[Lugy]

More food for thought, it'd cost me £14870 to run the Daihatsu for 3 years as opposed to £7011 for my car. (That's providing you get top dollar for the Daihatsu when you sell it and based on 10k miles per year )

 

[wemorgan]

Daihatsu are off my radar. I've never been in one or even heard anyone talking about them.
What's your general feedback. Are they on a par with Kia and Hyundai?

 

[Lugy]

Daihatsu are off my radar. I've never been in one or even heard anyone talking about them.
What's your general feedback. Are they on a par with Kia and Hyundai?

Aye, they're along they lines, cheap, economical, Japanese car but I've never had anything to do with them (although my Land Rover does have an old Daihatsu engine) either.

 

[JonMad]

Girlfriend has a Hyundai i10 and it's fantastic. I talked her into getting it.

 

[JonMad]

So I agree with what you're saying... a cheaper car, even if less economical and costing a bit more (but not too much more) to run, will be cheaper than buying a newer car that may be cheaper to run but will depreciate by much more.

 

[Lugy]

So I agree with what you're saying... a cheaper car, even if less economical and costing a bit more (but not too much more) to run, will be cheaper than buying a newer car that may be cheaper to run but will depreciate by much more.

Think about other things, like the equipment and power difference! It's obviously not something many people do seeing as the values of such big cars are as low as they are at the moment.

Next time someone says "oh but with the amount of money you'd spend on fuel in that thing you could have had a new car" I can correct them

 

[Bobby Dazzler]

Daihatsu have some Toyota DNA

 

[JonMad]

Next time someone says "oh but with the amount of money you'd spend on fuel in that thing you could have had a new car" I can correct them

yep. Although as I do about 15k/year I'm looking at getting a dead cheap diesel company car that, including the lease, tax, insurance, everything and including diesel for it, will actually cost less than I'd be spending just on fuel per month to run my CLK every day.

Won't be as much fun though.

 

[Lugy]

yep. Although as I do about 15k/year I'm looking at getting a dead cheap diesel company car that, including the lease, tax, insurance, everything and including diesel for it, will actually cost less than I'd be spending just on fuel per month to run my CLK every day.

Won't be as much fun though.

With a company car you won't need to pay for depreciation, though I guess the lease would make up for it