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New car

In the summer/autumn I would like to buy a new car for my retirement present, thinking of low/no tax, low insurance and good fuel. Thinking in terms of Kia Picanto or Hyundi I10. Picanto looks better for the price (basic) and has 7 yr warranty but the Hyundi has a better spec. Any thing against these two? Don't need a Ferrari type of car as the roads round here don't lend themselves to sporty ones.
I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
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Comments

  • flashg67
    flashg67 Posts: 4,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    If the car will be a keeper, nothing wrong with either, and both have a good warranty. Did you know that Hyundai own Kia anyway?

    Depreciation has been a problem in the past, but not so much an issue if you're keeping the car. Didn't stop me buying a new i30 last year. They're a bit plain, even dull, but happy with the reliabilty so far...
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I would hve a good think about your useage.

    Also have a good look at real use mpg figures rather than the claims.


    Nothing wrong with the cars chosen if they fit your use profile.


    My concern would be the savings from the size/economy may comprimise the times you need something bigger and/or more comfortable.

    How long does that new car feel last?
    Would spending the same money on a better spec/more practical car give longer lasting satisfaction/benifit?

    Whatever you decide don't forget to check out the dscount brokers, to start I use,

    http://www.honestjohn.co.uk/best-deals/new/

    allthough not much off the chosen cars.

    how does this skoda compare
    http://www.skoda.co.uk/gbr/finance/offers/twenty-five-percent/Pages/default.aspx
  • AlexisV
    AlexisV Posts: 1,890 Forumite
    How into cars are you? Both cars are fine, in the same way a fridge freezer might be fine, but would you be satisfied owning either?

    Warranty is all well and good, but considering cars are built much better nowadays, buying a 'safe' car with a good warranty is no good if you'd prefer something a little more interesting.
  • peter_the_piper
    peter_the_piper Posts: 30,269 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cars go from A to B, carry my bins/telescope etc. That's how into cars I am. Needs to be cheap running costs as limited finances after retirement and these two seem to fit the bill. Hate the thought of coughing up £150 upwards for tax, insurance is bad enough.
    I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
  • s_b
    s_b Posts: 4,464 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Cars go from A to B, carry my bins/telescope etc. That's how into cars I am. Needs to be cheap running costs as limited finances after retirement and these two seem to fit the bill. Hate the thought of coughing up £150 upwards for tax, insurance is bad enough.

    what you are saving on the carrot will be taken off you yearly with the inspection stick
    would i buy an i10 as a retirement car?
    no
    why?
    because you will just be another ripe little white haired man ripe for the pickings everytime you go in
    remember these cars are the new lada riva for the working man,nothing more,nothing less
    treadmill cars
  • colino
    colino Posts: 5,059 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    How many miles will you reasonably drive a year? How many people in it, will you use it for hols., towing etc?
    Either way a car suited to its purpose, new enough to be in fine fettle but old enough to have depreciation withered away is the way to go.
    You never know, once you actually work out what you really use your car for, an old Jag convertible might fit the bill!
    A cheap eurobox though doesn't sound like my idea of a happy retirement, more like set in stone boredom and penny-pinching in every aspect of a car.
  • peter_the_piper
    peter_the_piper Posts: 30,269 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    5k miles or less, 2-4, have not had holiday for years, not towing, just a run about which will do more than the 40 miles my Diahatsu does before it overheats.
    DD used a Pug 107 as a runabout between Bedford and Hastings so small cars can be ok. I don't want much from a car, did the sporty bit in my youth, now want easy driving on limited income. Was hoping someone who owned one of them would post but no-one seems to own either of them.
    Whilst my hair may be grey (has been for years) I'm not quite the type that SB eludes to, BL a mechanic anyway.
    I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
  • jaydeeuk1
    jaydeeuk1 Posts: 7,714 Forumite
    Debt-free and Proud!
    I'm guessing you've worked hard all your life, saved up a bit of a nest egg despite the tough times, and, understandably, want to treat yourself.

    Why would you want buy a brand new Kia or Hyundai?! Fair enough, you don't want something where its nose is 2 inches off the ground or you need the fire brigade to help get you out the car, but why not spend half the planned cash on something a little special like an old Jag, Merc S or BMW 7 and the rest to keep it running? At least is 5 or so years time it will be worth roughly what you paid for it if you do ever decide to sell on.

    If you're determined to get a kia, get one a couple of years old where some poor sod has taken the depreciation hit and sorted out all the niggles. At least you'll then have some cash left to take you on a holiday to help you forget you bought a kia in the first place.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    I would have the two you have on my short list but would also add the Panda. Either the new or old shape (if there are still any old ones around the price should be cracking)

    http://www.fiat.co.uk/showroom/new-panda/#showroom/new_panda
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    A couple of £K depreciation in the first year buys a lot of tax.
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