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Trading in car for smaller more economical car...thoughts?
Comments
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Kate.Trotter wrote: »also it's at the age where things are beginning to go wrong so I'm a bit worried about that and any repairs are likely to be more expensive.
What is "starting to go wrong"? I wouldn't have thought much, on a 5 year old car with a Toyota drivetrain powering it.0 -
forgotmyname wrote: »61 litre tank. will cost £80 - £90 to fill it.
Come on this is irrelevant.
Go for a Panda. However be careful, if most of your journeys are in traffic you may still be getting same mpg. So it'll be tax saving only.0 -
Hello, just thought I'd add I have owned a 107 from new... (05 plate) and I love love love it. Looks funky and is nice to drive. Seats in the back fold down (not flat but gives ample room for trips to ikea and such!) however as with any car it's age it is time to chop in it for a new one.
Have you thought of looking at a Hyundai I10 or a Kia picanto? I'll be following this thread with interest.0 -
Do you think there will be a lot of the old models being sold off at bargain prices?
I wonder how many miles per gallon these really do, as you never seem to get the advertised figure:(
i10 owners report 46.1mpg on the Honest John site, for the 1.0 model.
Suzuki Swift 1.5 owners report 41.4mpg0 -
I wonder how many miles per gallon these really do, as you never seem to get the advertised figure
The advertised figure is mandated by EU rules and usually has little bearing on real life MPG. As mentioned, the Honest John site has figures submitted by owners. There may be special offers on remaining superceded i10s, but dealers make little profit on them because they have such a low price anyway.I used to think that good grammar is important, but now I know that good wine is importanter.0 -
If you can trade it in for something newer and lower tax without paying any more money then go for it. Ignore the fuel consumption as you're not using that much any will likely not see any real difference.
I wouldn't pay any more for the change over if the aim is to safe money; it could take you a long time to save the money back.
Bare in mind though that there will be a reason the new car is worth less than the old one, but again if you're not using it that much it won't be a big deal.0 -
forgotmyname wrote: »Fiat 500 owners have complained about the poor fuel consumption. You wont get anywhere near the quoted figures.
Do you really get 700 miles from a tank yet only put £75 in? To fill the tank could cost £90+ Average 55 - 60mpg?
Your forgetting depreciation also..... How many hundreds is it losing every year?
I think you may find that complaint was specific to the TwinAir that tended to get hammered. And also has an appetite for oil which has caused many engine failures due to lack of oil and subsequent engine replacement which are not covered by the warranty.
As the 1.2 is cheaper to buy and been on the go for a while i woul buy that version is i wanted a Fiat 500.
Though i would likely go for a Panda with that budget.0 -
Keep the car. You know it's history.0
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It's also worth re-iterating that even if you do a no-cost trade in, you're probably still losing about £1000 in equity (sell yours for 3500, get a new one for 3500 that's probably only worth 2500 trade in), which might be fine if you're planning on keeping it for a while, but it might take a lot of time to save back what you've lost.0
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If you can trade it in for something newer and lower tax without paying any more money then go for it. Ignore the fuel consumption as you're not using that much any will likely not see any real difference.
I wouldn't pay any more for the change over if the aim is to safe money; it could take you a long time to save the money back.
Bare in mind though that there will be a reason the new car is worth less than the old one, but again if you're not using it that much it won't be a big deal.
Yea I agree - putting it on hold for the moment though, as to be honest don't think I would be completely happy with the car I would end up trading for. May reconsider if I see something worthwhile though. I really like the IQ's - but as you said, I would probably have to pay extra on top of my car for this, and isn't necessarily worth while.. although would be keeping it for a few years (until we have kids :eek:)0
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