cheapest cars to run?

Morgan_Ree

Not quite 30,000 miles no. But i do a lot more than your average student because the course i'm doing requires me to do placements. I always get the ones miles away from home!

Oh and I never get the cars serviced Hmmmmm wheres that embarrassed smiley?

I guess if i was going to keep the car for longer than 3 years and eventually sell it myself then yes i would get them serviced.


I'm sure it's felt like you have all been banging your heads against a brick wall but all advice is mucho appreciated
I'll go get that magazine mentioned and see what i can come up with

JQ.

Morgan_Ree wrote: »

LOL I've got a headache

I don't plan on part exchanging my car. I don't own it (I still owe money to the finance company) to part exchange it
I take it to the dealer i always buy my cars from
Whats left to pay on it is written off so to speak. They take the car and
I start again with a new one. Owing nothing

I'm not sure which part of that i will be losing money on?
I didn't hand over any cash for the fiesta when i first bought it
Yes i have monthly payments but like i said earlier i don't see that as throwing money away because i have a new car to show for it

I need a drink :beer:

Is a diesel cheaper to run?

Edit
I do want to save money!!
On what it's costing me in petrol every week!

You are losing money because you are selling your current car to the dealer.

eg

Car worth £6k privately and you have £4k outstanding finance. If you hand it back to the dealer as part of your proposed transaction you will be lucky to receive £5k. Therefore you get £1k to put towards your new car.

If you sell the car privately and get £6k and pay off the finance you will have £2k to put towards the new car.

Therefore by handing the car back to the dealer you will be £1k out of pocket. It may be the simplest and easiest way of sorting your new car but it's definately not the cheapest.

Morgan_Ree

I thought you couldn't sell a car if it still had finance owing????

You may have just started me off again!:D
This changes everything!

JQ.

There are ways of doing it, but never having bought a car on finance I'm no expert. There have been a few threads on here about it. It is possible.

SarahLou

Getting back onto the topic of economical cars - (I do the same as the OP - always bought my cars new and got rid of them before they needed an MOT - always done it this way round (method taught by my father who still does it himself - some 40 years after passing his driving test!)

Currently I have a Hyundai i10 - very economical - current price of 113.9/ltr for unleaded petrol - costs me £34 to fill up (from being on the red line), get about 330 miles out of that, largely round the houses. Get 350 ish miles out of it on long runs. Best of all, £35 a year road tax which I believe will be going down to £20 this year. Hurrah! Definitely the most economical car I've ever had. Only downside is the size. (Boot isn't huge). Having said that, still comfortably get my two dogs in the boot (collie and cocker spaniel so not tiny dogs either!) I'm currently looking into getting a Hyundai i20 as the MPG are fractionally better than the i10 and its a bigger car too. Bonus!

Morgan_Ree

JQ. wrote: »

There are ways of doing it, but never having bought a car on finance I'm no expert. There have been a few threads on here about it. It is possible.

Oh i thought you were going to say 'yeah it's fine, crack on!!'

Sounds like it's going to take time and effort compared to going to my usual dealer and 'swapping' cars

thanks anyway

JQ.

Morgan_Ree wrote: »

Oh i thought you were going to say 'yeah it's fine, crack on!!'

Sounds like it's going to take time and effort compared to going to my usual dealer and 'swapping' cars

thanks anyway

I know, I know, it's not really worth spending maybe 5 hours researching how to pay off the finance, put an advert in Autotrader and then show the car to prospective buyers to save yourself £1,000 is it .

You're obviously very very wealthy if you're earning £200ph, I make that a salary of £395,000 per year. Why not pay cash for the car if you're that rich?

wolvoman

Morgan_Ree wrote: »

I just prefer newer cars
I like not having to pay out if anything goes wrong with it

But you're happy to pay if nothing goes wrong with it? (which is what you're doing with all that depreciation).

wolvoman

Morgan_Ree wrote: »

I'm sure it's felt like you have all been banging your heads against a brick wall but all advice is mucho appreciated

Actually more like a re-inforced concrete one.

The real tip to cheap motoring is managing depreciation.
I run a Porsche and I bet I pay a very similar amount to run my Porsche than you do your Fiesta.

Morgan_Ree

JQ. wrote: »

I know, I know, it's not really worth spending maybe 5 hours researching how to pay off the finance, put an advert in Autotrader and then show the car to prospective buyers to save yourself £1,000 is it .

You're obviously very very wealthy if you're earning £200ph, I make that a salary of £395,000 per year. Why not pay cash for the car if you're that rich?

*Sigh*

I bought my current car for around £9000. So far i've only paid off £4482
I'm sure i don't need to do the maths for you. I'm not going to make any money selling the car
Let along a grand!

Me selling it privately would be no different than giving it back to the dealer
I won't make anything and i won't lose anything

I really don't know how many more times I need to say it!!!

OK i obviously worded my questions incorrectly
But after my first few posts it was pretty obvious what i was asking
What NEW car for under £10,000
It ain't rocket science!!