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Thinking of getting a more effecient car

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  • daveyjp
    daveyjp Posts: 13,544 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    C1 will do 45mpg round town without having to be careful. Very light controls, nippy off the mark and easy to park.
  • mikey72
    mikey72 Posts: 14,680 Forumite
    107 or 207 maybe.
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    So how much petrol does £1k to £2k buy ? If you want to change cars then fine but it won't save you any money will it ??

    Trading petrol cost for finance cost seems rather pointless, you will not be saving any costs.

    New car on HP, so you might get 10mpg further but how much a month to finance ? Again not saving and a false economy.

    If you like the mondeo keep it, but sorry to sound harsh but buying a new car isnt going to save money.

    And a 407 would not be a "good town car"

    Well lets look at that shall we...........

    at the moment based on 15k miles getting an average 22mpg i'm spending about £4,300 per year. If I get a smaller car and can acheive an extra 10mpg (32mpg) i'm spending £2960. A £1340 saving in a year. So I can spend up to £2k and not be at a loss in 1 year - not looking at changes in insurance premium and road tax cost for driving a smaller engine.

    Even a £3k car on a 36month HP deal would save some money with payments of about £1200 per year over the period of the loan. (Neglecting the fact for now I can sell the mondeo to cover the first year or put a large deposit down the yearly repayment to £900.

    If I buy a smaller car for a similar value for my Mondeo, it's not costing me more and i'm making immediate savings.
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    daveyjp wrote: »
    C1 will do 45mpg round town without having to be careful. Very light controls, nippy off the mark and easy to park.

    actually, I have driven a Citroen C1 before, had it for about a week (borrowed) some time last year - you'd get about 300 miles out of 40quid easily (about 46mpg I think that works out at).

    Didn't half hurt your !!!! though after a long journey
  • Notmyrealname
    Notmyrealname Posts: 4,003 Forumite
    arcon5 wrote: »
    Well lets look at that shall we...........

    at the moment based on 15k miles getting an average 22mpg i'm spending about £4,300 per year. If I get a smaller car and can acheive an extra 10mpg (32mpg) i'm spending £2960. A £1340 saving in a year.

    If you learned to drive properly, you'd get an extra 10MPG. The MPG you claim you get on out of city driving is far too low.
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If you learned to drive properly, you'd get an extra 10MPG. The MPG you claim you get on out of city driving is far too low.


    Interesting, since you don't know how I drive! I'm in fact a very conservative driver. Yes, the mpg is very low, hence why i'm here asking for opinions on more economical vehicles.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    If you learned to drive properly, you'd get an extra 10MPG. The MPG you claim you get on out of city driving is far too low.

    Really!!!!!!
  • timbo58
    timbo58 Posts: 1,164 Forumite
    I think the arguments for and against swapping an older thirstier car for a newer less thirsty car depend on what you are swapping from and to?

    My audi TT 225, drinks 27 mpg even on a longish run, it costs £260 a year to tax and £300+ to insure, it costs £500 a year average to service and is now 10 years old so expensive bits are wearing out now.
    It's a lovely car to drive, a real beauty.

    However I do 15 miles round trip every day (when not cycling) and 140 miles at the weekend plus a few small trips, so I've ordered a new VW up.
    Its far better on fuel, more practical and will seat 4 comfortably.
    60mpg, £20 road tax, £99 for the first 3 years servicing, £100+ off my insurance and a fair part ex for the TT.
    I think it'll save me nearly as much as it costs over the 3 years finance and after that it's a no brainer.
    Do the sums just remember to add everything into the calculation.
    Unless specifically stated all posts by me are my own considered opinion.
    If you don't like my opinion feel free to respond with your own.
  • Go to Excel, put in the parameters of your current car, add parameters for borrowing money and that associated cost and extrapolate it out over the timeframe you desire.

    That should give you total costings over 3,5,7 or whatever years you want.
  • Notmyrealname
    Notmyrealname Posts: 4,003 Forumite
    arcon5 wrote: »
    Interesting, since you don't know how I drive! I'm in fact a very conservative driver. Yes, the mpg is very low, hence why i'm here asking for opinions on more economical vehicles.

    I can guarantee you don't know how if your car passes an MOT and you're only getting that mileage out of it. Describe how you approach a roundabout with and without a car waiting to enter. Include where you'd start to brake.
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