RE: Vauxhall Corsa GSE prices confirmed
Today
Vauxhall Corsa GSE prices confirmed
Less than an Alpine GTS, less than a Mini JCW - and more powerful than both...
Vauxhall has a long history of affordable performance cars - it’s part of the reason that various SRIs, GSIs and VXRs remain so dearly thought of. You could go faster and make more noise than more reputable rivals, all for less money. And who wouldn’t be just a little bit tempted by that? It’s a tradition that looks set to be continued by the Corsa GSE, which will cost £34,495.
Quite a bit more than we’ve come to expect from hot Corsas over the years, but then just about every car is right now. It’s what £20,000 in 2007 - back when the old VXR launched - is now worth, if that helps. For that money, you get the kit that’s been discussed at length already (and which is coming to a GSE review very soon): up to 281hp, a Torsen limited-slip diff, Alcon brakes, Michelin tyres, a Nurburgring-honed suspension setup and so on. All the hot hatch good stuff, basically, even if it comes with a 51kWh battery pack instead of a 1.6 turbo.
That £34,495 RRP includes everything, with only paint options mentioned so far: Voltaic Blue, Contour White, Crystal Silver, and Graphic Grey are all £650, with Carbon Black the only standard colour. Plus £34k puts it right in among the rest of the EV hot hatches, with the related Abarth 600e, the Alpine A290 and Mini JCW all there or thereabouts on price. Where the price comparison gets a bit confusing is with the Electric Car Grant, because the £1,500 off Vauxhall is aiming for - taking the Corsa to £32,995 - is still awaiting Government approval. There seems little reason to doubt that it will, though it’s something to be aware of. An A290 GTS is from £34,245 (with the top tier, £3,750 ECG applied), a Mini is from £34,905 (with plenty of options to add on), and an Abarth 600e qualifies for the same ECG as the Vauxhall with its shared bits: the 240hp car is from £32,495 with the £1,500 off. Phew.
Whichever way you cut it, the Vauxhall looks decent value in the burgeoning EV hot hatch market. The monthlies will be the key number, of course, so expect those to follow soon. Alpine, for example, will currently do £309 a month for 48 months, with £6k down, 6,000 miles a year and 2.9% on a GTS. As for the Vauxhall, the first drive is coming later this week - don’t be surprised if the comments thread is quite a long one…
Discussion
"£309 a month for 48 months, with £6k down"
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
Fishonaline said:
"£309 a month for 48 months, with £6k down"
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
Ah, so you're saying used cars are cheaper than new ones? That's interesting.That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
CMTMB said:
Fishonaline said:
"£309 a month for 48 months, with £6k down"
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
Ah, so you're saying used cars are cheaper than new ones? That's interesting.That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
It's hard to disagree.
CMTMB said:
Ah, so you're saying used cars are cheaper than new ones? That's interesting.
Not really the main point. I am saying that all PCP or leased cars do, whether new or used, is trap people into a lifetime of renting and poverty.If you can afford to pay £6k upfront and £308 a month for 4 years, buy a £6k car and stick £308 a month into a stocks and shares ISA. At the end of it you'll likely have approx £18k in your ISA, and a car that's probably still worth at least £3k.
The question is, would you prefer to be £21k up, or £21k down after 4 years? Most people chose the shiny car, but then most people remain poor, attempting to rent an expensive lifestyle until the ship inevitably hits the fan.
p4cks said:
Fishonaline said:
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
And that's the manufacturers problem?!Fishonaline said:
Not really the main point. I am saying that all PCP or leased cars do, whether new or used, is trap people into a lifetime of renting and poverty.
If you can afford to pay £6k upfront and £308 a month for 4 years, buy a £6k car and stick £308 a month into a stocks and shares ISA. At the end of it you'll likely have approx £18k in your ISA, and a car that's probably still worth at least £3k.
The question is, would you prefer to be £21k up, or £21k down after 4 years? Most people chose the shiny car, but then most people remain poor, attempting to rent an expensive lifestyle until the ship inevitably hits the fan.
I get your intention but this is coming across a bit Martin Lewis and a touch arrogant. People are free to spend their money on what they want. For many £6k on a car wont cut it, they want something modern, reliable and so what if they have chucked money away they have 3 or 5 years worry free motoring then use the guaranteed value to put it down on something else and start it again. If you can afford to pay £6k upfront and £308 a month for 4 years, buy a £6k car and stick £308 a month into a stocks and shares ISA. At the end of it you'll likely have approx £18k in your ISA, and a car that's probably still worth at least £3k.
The question is, would you prefer to be £21k up, or £21k down after 4 years? Most people chose the shiny car, but then most people remain poor, attempting to rent an expensive lifestyle until the ship inevitably hits the fan.
Car looks good, but most will still go go for the Alpine or just the R5
Fishonaline said:
p4cks said:
Fishonaline said:
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
And that's the manufacturers fault?!Don't get me wrong I'd never own a brand new car in my life as they represent incredibly poor VFM and even worse residuals but I thank the people that do because it keeps the used car markets afloat for people like me. Sadly, my GF fits into the demographic you're describing and is stuck in the PCP cycle not realising how much money is being spunked over the term but the main thing for her is that she 'gets a new car every three years'.
Horses for courses.
Fishonaline said:
CMTMB said:
Ah, so you're saying used cars are cheaper than new ones? That's interesting.
Not really the main point. I am saying that all PCP or leased cars do, whether new or used, is trap people into a lifetime of renting and poverty.If you can afford to pay £6k upfront and £308 a month for 4 years, buy a £6k car and stick £308 a month into a stocks and shares ISA. At the end of it you'll likely have approx £18k in your ISA, and a car that's probably still worth at least £3k.
The question is, would you prefer to be £21k up, or £21k down after 4 years? Most people chose the shiny car, but then most people remain poor, attempting to rent an expensive lifestyle until the ship inevitably hits the fan.
The rest is just fluff. You're comparing new to used, which is completely pointless.
Edited by CMTMB on Wednesday 5th August 11:30
A decent looking car, and for me, decent value given the power and spec. The bonnet shut line jars a little, but that's a minor criticism.
What's really frustrating is that there is only one non-achromatic colour (blue). The rest (grey, white, black, silver) are boring and dull. Where's the red? This is a small car. It should pop with colour. That's a deal-breaker for me. I can get the R5 in some fabulous colours, ditto the Twingo. Is Vauxhall trying to ape Audi in its bland dullness of hue?
What's really frustrating is that there is only one non-achromatic colour (blue). The rest (grey, white, black, silver) are boring and dull. Where's the red? This is a small car. It should pop with colour. That's a deal-breaker for me. I can get the R5 in some fabulous colours, ditto the Twingo. Is Vauxhall trying to ape Audi in its bland dullness of hue?
disco666 said:
CMTMB said:
Fishonaline said:
"£309 a month for 48 months, with £6k down"
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
Ah, so you're saying used cars are cheaper than new ones? That's interesting.That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
It's hard to disagree.
Literally no one disagrees used cars are better value! (In most but not all cases)
Edited by SDK on Wednesday 5th August 11:39
Fishonaline said:
"£309 a month for 48 months, with £6k down"
My issue with the mumflies is £309pm to cover 6,000 miles a year. We seem to be in a cycle where we used to get 10-12,000 miles for a monthly payment. That's 115 miles a week or 16 miles a day which isn't really going anywhere!I'm fairly sure I saw a Tesla M3 offer of £329/8k down for 8,000 miles per annum.
Edited by vikingaero on Wednesday 5th August 12:10
p4cks said:
Exactly... they're just supplying product to a market that already exists.
No, PCP has created it's own market, convincing consumers that need a shiny new SUV, and allowing manufacturers to shift ever more expensive and profitable cars that the majority of people could never afford to buy outright, trapping people in cycles of rental or debt and destroying personal ownership and/or wealth.This, combined with needless regulation, is the reason why it's impossible to buy a new cheap and simple car anymore.
fantheman80 said:
I get your intention but this is coming across a bit Martin Lewis and a touch arrogant. People are free to spend their money on what they want. For many £6k on a car wont cut it, they want something modern, reliable and so what if they have chucked money away they have 3 or 5 years worry free motoring then use the guaranteed value to put it down on something else and start it again.
Car looks good, but most will still go go for the Alpine or just the R5
I am sorry you find sensible advice to be 'a bit arrogant'.Car looks good, but most will still go go for the Alpine or just the R5
Fishonaline said:
"£309 a month for 48 months, with £6k down"
That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
I get your point but if you buy outright then it's highly likely a small EV will only be worth 10-12k anyhow in 4 years time so nigh on the same ownership cost whichever way you look at it.That's a grand total of £21k, over 4 years plus whatever it costs to service and power the thing. And at the end of 4 years you won't own anything or have anything to show for it. So how on earth does this represent good value in anyone's book?
Honestly, if you want a quick, small, reliable, cheap to own, but also quick (ish) car, buy a lightly used Polo Gti or similar for anywhere between £10k and £20k. Finance part of it with a personal loan if you must. And at the end of 4 years you'll actually own a car that's probably still worth somewhere between £6k and £12k, instead of having nothing to show for it.
Or if you really must spend a significant amount of money financing a car via a personal loan, do your research and buy a highly desirable but very very slow depreciating car, something like a Toyota GR Yaris, or BMW 1M, where at the end of ownership you'll get almost all of your money back.
Honestly, with all these 'must-have' PCP or leased new cars around, it is no wonder that most people remain poor, in debt, and forever trapped into renting their life for a monthly fee.
I'd personally never buy a new EV outright, only via PCP as the depreciation on them is horrendous
Fishonaline said:
p4cks said:
Exactly... they're just supplying product to a market that already exists.
No, PCP has created it's own market, convincing consumers that need a shiny new SUV, and allowing manufacturers to shift ever more expensive and profitable cars that the majority of people could never afford to buy outright, trapping people in cycles of rental or debt and destroying personal ownership and/or wealth.Your posts are so full of assumptions, exaggerations, misinformation and bitterness. Stop worrying about what other people do with their money - just do your own thing.
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