Your Bangernomics successes

tommyedinburgh

GunJack said:

tommyedinburgh said:

Very much starting out on my 'Bangernomics' journey. I bought a three month old Seat Leon Cupra Lux, January 2020. When I was turning my attention to organising a service for it late December just past, I had only driven just under 1800 miles over the course of the year (obviously due to all things COVID). Factoring in that my work situation has changed and I will no longer have a fairly lengthy commute and the fact that my wife's commute is now 0.8 miles from home I made the decision to sell the car.

I was really surprised by how many phone calls I got via Autotrader, the phone literally never stopped ringing. The car was gone within two days, I was happy with what I sold it for. I then purchased a 2010 Toyota Yaris, 1.33 with 125,000 miles on the clock, same owner since 2012, full service history, really well looked after under the bonnet, but it came at a cost, the old couple that had it had scraped all four bumper corners, every single panel is dinged and dented, they clearly should have went to specsavers, however, its got that crucial FSH backed up with piles of receipts etc, perfect for me to drive my mile to the childminder then a further mile to work.

You missed out the vital info.....what price did you pay???  It has to be under £1000 to really qualify as Bangernomics!!

Damn it, £1150, it was advertised at £1400!

Farzackerly

I think nine years worth of inflation has raised the bar a bit, surely?

[Deleted User]

I would say 3k is bangernomics now. 

[Deleted User]

Banger prices have shot up in the recent year.

GunJack

Farzackerly said:

I think nine years worth of inflation has raised the bar a bit, surely?

Absolutely not!! There's still so much out there under £1k, this is one of those cases where an annual inflationary increase isn't justified

GunJack

Deleted_User said:

I would say 3k is bangernomics now. 

Really? Are you serious?? That's mid-range dealer territory....

tommyedinburgh

Not sure if it’s technically a banger but the wife’s maternity leave is about to end and we need a bigger car soon. Thoughts on this one troops?

  https://www.gumtree.com/p/cars-vans-motorbikes/2004-toyota-previa-20-d-4d-t-spirit-7-seats-5dr-mpv-diesel-manual/1384124158?utm_campaign=socialbuttons&utm_campaign=socialbuttons&utm_content=app_ios&utm_medium=social&utm_source=ios_social 

[Deleted User]

tommyedinburgh said:

Not sure if it’s technically a banger but the wife’s maternity leave is about to end and we need a bigger car soon. Thoughts on this one troops?

  https://www.gumtree.com/p/cars-vans-motorbikes/2004-toyota-previa-20-d-4d-t-spirit-7-seats-5dr-mpv-diesel-manual/1384124158?utm_campaign=socialbuttons&utm_campaign=socialbuttons&utm_content=app_ios&utm_medium=social&utm_source=ios_social 

Nice sprog bus. It'll probably go on for ever.

Farzackerly

tommyedinburgh said:

Not sure if it’s technically a banger but the wife’s maternity leave is about to end and we need a bigger car soon. Thoughts on this one troops?

  https://www.gumtree.com/p/cars-vans-motorbikes/2004-toyota-previa-20-d-4d-t-spirit-7-seats-5dr-mpv-diesel-manual/1384124158?utm_campaign=socialbuttons&utm_campaign=socialbuttons&utm_content=app_ios&utm_medium=social&utm_source=ios_social 

I know somebody with one that's done over 200K with hardly any trouble. He reckons it's not worth chopping it in for another good while yet, as it's worth so little and anything comparable for his needs would be another unknown bag of nails full of somebody else's problems.

GunJack

I've just realised I've not followed my own method of calculation on this latest swapover, so I'll put it right....

1. The old Fusion cost me £901 in total for it's 3.5 years  (in the earlier post I subtracted the scrap price I got, which I shouldn't have - any sale/scrap monies get taken off the purchase price of the replacement)

2. So the new Fusion cost me (£795-£156) = £639 as a starting point. It's in for it's MoT on Friday, so we'll see how it gets on. I bought on condition & history so the fact it only had a month's ticket on it didn't worry me, if it does fail it'll only be a cheap fix, and then I'll have an even better idea of what's what with it....watch this space