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Author Cheap motoring
Andrew
Member

Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
26th Dec 08 at 22:45   View User's Profile U2U Member Reply With Quote

I do around 25k a year but always drove newish cars. Apart from my first car, i've never MOT'd a car.

However, with my career i'll be driving a simlar amount of miles for some time.

Is it possible to spend 3 - 4k on a car and run it for a year or so and hardly lose any money on it?

I just do not see the point in having a car full of toys, spending a lot of money out and then lose that money come the time to sell.
N3CRO
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Registered: 12th Apr 07
Location: Sandy, Bedfordshire
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26th Dec 08 at 22:54   View User's Profile U2U Member Reply With Quote

VW Golfs tend to keep their value well.
Colin
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Registered: 4th Apr 02
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26th Dec 08 at 23:26   View User's Profile U2U Member Reply With Quote

It will still depreciate, just not as much as a new one. Its all relative - what you dont loose on depreciation you'll possibly have to spend on repairs/maintenance.
Colin
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Registered: 4th Apr 02
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26th Dec 08 at 23:28   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by TheNobleOne
VW Golfs tend to keep their value well.


Do they? I paid 6k for mine just over a year ago, a good deal I thought as similar ones were 7k+. Spent a fortune on at in that time...........as one does. I think id do well now if I got 3.5k for it!
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
26th Dec 08 at 23:31   View User's Profile U2U Member Reply With Quote

I paid 10k for the pug 14 month ago and would be lucky to get 6k for it now
Colin
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Registered: 4th Apr 02
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26th Dec 08 at 23:35   View User's Profile U2U Member Reply With Quote

If I was wanting something to just take me into work & back again doing high miles id get something under a grand with a years mot & run it for that year, scrap it & start over again.
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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26th Dec 08 at 23:40   View Garage View User's Profile U2U Member Reply With Quote

No is the short answer really unless you get lucky.
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
26th Dec 08 at 23:41   View User's Profile U2U Member Reply With Quote

Something like my mums car would be perfect. 54 plate 2 litre HDI with about 2k on the clock (she very rarely drives it). She'd be lucky to get 4k for it in this climate.

I'll probs get that anyway in a couple of years
Colin
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Registered: 4th Apr 02
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26th Dec 08 at 23:50   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Andrew
Something like my mums car would be perfect. 54 plate 2 litre HDI with about 2k on the clock (she very rarely drives it). She'd be lucky to get 4k for it in this climate.

I'll probs get that anyway in a couple of years


Youd probably get bits failing because its not moved in 4-5 years. That sort of use on a cars not healthy.

Theres no such thing as cheap motoring really....just luck.
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
26th Dec 08 at 23:54   View User's Profile U2U Member Reply With Quote

Indeed. Be nice if it was garaged too but it's not.
richc
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Registered: 24th Mar 07
Location: Ilkeston
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27th Dec 08 at 00:03   View User's Profile U2U Member Reply With Quote

Like i have said in a previous thread of yours.

3-4k will get you a 2003 mabye 2004 passat tdi. will have 100k on them but so what nothing for the german boat on the motorway.

Will still look pretty much the part as its not that old, and they look more expenive than they are!

The 130 is the one to go for but haven doing motorway driving in both, the 100 5 speed is absolutly fine!

[Edited on 27-12-2008 by richc]

 
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