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Toyota Yaris - Should i consider

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  • avantra
    avantra Posts: 1,331 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Buy a 5 year old car for £2k, Look after it and sell it in 4 years time for £1k. Works for me.

    I absolutely have to agree here. A true MSE is talking here so take note.

    There are many small cars up to 5 years old which you can have for less than £2k (Ka, Punto,Matis,the list goes on), will cost pittance to run over 4 years and when you finish with it a student will buy it from you for up to £1k. The point is at £2k/5 years old, these small vehicles will have very little depreciation but still needed by someone poorer than you when you come to sell it.
    Five exclamation marks the sure sign of an insane mind!!!!!

    Terry Pratchett.
  • avantra wrote: »
    I absolutely have to agree here. A true MSE is talking here so take note.

    There are many small cars up to 5 years old which you can have for less than £2k (Ka, Punto,Matis,the list goes on), will cost pittance to run over 4 years and when you finish with it a student will buy it from you for up to £1k. The point is at £2k/5 years old, these small vehicles will have very little depreciation but still needed by someone poorer than you when you come to sell it.

    But he wanted an auto, hence the problem with the dodgy manual automatic gearboxes etc.
  • Humphrey10
    Humphrey10 Posts: 1,859 Forumite
    avantra wrote: »
    I absolutely have to agree here.
    Even better, do what I did, buy one for £2k, write it off, and get £2.5k back from insurance.

    The older automatic version of the Yaris didn't have one of those horrible slow jerky semi automatic gearboxes, it just had a normal automatic one, much nicer to drive. I'd choose one of those over one of the newer versions any day, I've driven both.
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