What kind of car?

Rainbowshimmer

Hi all,

I'm looking for some advice, as I'm not particularly knowledgeable about cars.
I'm thinking of buying a new car. I have a 152 Polo at the moment. It's a diesel. I do about 25000 km a year. I know my current car is fairly new, but I'm concerned about the high mileage, and so I might trade in after Christmas.

My question is which type of car I should go for? I do a fair bit of driving on the motorway and commute around 90 km (in total) a day for work. I've been tempted by an electric car, but I just don't think it would suit at the moment. I don't want a big car as it's just for me really. I found vw quite reliable, but would be open to other brands as well. Any ideas for something suitable?

kerten

Rainbowshimmer wrote: »

Hi all,

I'm looking for some advice, as I'm not particularly knowledgeable about cars.
I'm thinking of buying a new car. I have a 152 Polo at the moment. It's a diesel. I do about 25000 km a year. I know my current car is fairly new, but I'm concerned about the high mileage, and so I might trade in after Christmas.

My question is which type of car I should go for? I do a fair bit of driving on the motorway and commute around 90 km (in total) a day for work. I've been tempted by an electric car, but I just don't think it would suit at the moment. I don't want a big car as it's just for me really. I found vw quite reliable, but would be open to other brands as well. Any ideas for something suitable?

If you are trying to avoid depreciation due to mileage, you shouldn't be buying newer cars with low mileage on first place unless driving a new car is more important than depreciation coming with it.

Electric car direction makes more sense if you are trying to be in a better financial position motoring cost wise but I understand it doesn't suit everyone.

Also 25000 km per year is not considered as huge mileage so you should do your calculations. Difference in depreciation of a 15 polo making "10k kms per year" vs "25k kms per year" may not be as big as you think comparing to money will be spent on a newer car with low mileage on it.

If you really want to change, I would go something like Lexus ct200 for some additional comfort without sacrificing reliability.

25k kms a year isn't that high to be fair. 10 years of that would put 250k kms on the clock, any yoke should be well able to do that and it's not going to be excessive.

Whatever newer car you get won't depreciate any less than a 152 Polo going forward


I'd keep the Polo if I was you.

Lantus

You've been paying for this car for 3 years so economically the best option is to retain, pay off and save for a future replacement in 5 to 6 years.

Service well to ensure long life.

I have a fabia on pcp and my ideal option is to keep the car and pay off to eliminate a monthly cost and depreciation, top up deposit etc.

Buying a new car is expensive which ever way you cut it.

Casati

Lantus wrote: »

You've been paying for this car for 3 years so economically the best option is to retain, pay off and save for a future replacement in 5 to 6 years.

Service well to ensure long life.

I have a fabia on pcp and my ideal option is to keep the car and pay off to eliminate a monthly cost and depreciation, top up deposit etc.

Buying a new car is expensive which ever way you cut it.

I’d agree with this, a Polo if serviced will provide many more years of service but no harm pricing the cost to change into the new model Polo, your will command strong money secondhand so cost to change might not be too high. You can try the dealers again next year, eg maybe this time next year trade in against an ex demo Polo with tiny mileage on the clock

Rainbowshimmer

Thanks all, some good advice here, much appreciated. I’m happy enough with my own car, but happened to look around last weekend and was advised by a salesperson to get rid of my own before the mileage got too high, but I suppose he was trying to sell me a car!

monkeysnapper

Ha ha ....classy guy..... looking after your best interests he was ....

bazz26

Lol, he wouldn't be a very good salesman now if he told you to keep what you have.