The cost of your first car
Discussion
I'm helping a 18 year old I know buy their first car. Gees they are expensive. Even a 10 year old Fiesta is £5000.
It got me thinking how much I spent on my first car. It's over 40 years ago now and I think it was £700 for a Rover SD1 3500 (insurance was not such a restrictor then). That would apparently be about £3500 in todays money.
It got me thinking how much I spent on my first car. It's over 40 years ago now and I think it was £700 for a Rover SD1 3500 (insurance was not such a restrictor then). That would apparently be about £3500 in todays money.
£2500 in 1994 Toyota Corolla 1.3 Auto in gold. OMG was it a slug. But I loved it Until I opened the hatchback and stood up and banged my head into the downward pointing locking mech. Jeezzz that bought an unearthly cry to the Cornish landscape that had not been heard before or since.......
£800 for an old MK2 Escort in 1984, i was earning £3000/year before tax and i lost a days pay from that when i went to day release at technical college.
So a huge chunk of my take home income went on buying and running that first car. I basically worked for free after paying my bills. That's what you had to do when young and starting out in the world of work back in high unemployment Manchester in the mid 80's.
£5K on a relatively modern car that is likely very reliable and safe compared to the s
t boxes we were driving is nothing like as tough in real terms.
So a huge chunk of my take home income went on buying and running that first car. I basically worked for free after paying my bills. That's what you had to do when young and starting out in the world of work back in high unemployment Manchester in the mid 80's.
£5K on a relatively modern car that is likely very reliable and safe compared to the s
t boxes we were driving is nothing like as tough in real terms.£800 C reg Ford Escort MK 3 (un)popular in 1992, the scary thing is that car was only 7 years old at the time and was pretty much end of life. I used to spend quite a lot of time scrapping off the rust blisters and covering them with Hammerite.
The gearbox linkage was so vague you didn't know if the (4 speed) gearbox was in First or reverse. The amount of times I would be late for work after being stuck on the M25 at Junction 10 before driving on the M4 as fast as the car would go before it started to shake itself to pieces (about 80)
I now drive an 11 year old car, which shows no sign of it's age and is still lovely and smooth to drive. Just goes to show how much better modern cars are compared to those in the 80s.
The gearbox linkage was so vague you didn't know if the (4 speed) gearbox was in First or reverse. The amount of times I would be late for work after being stuck on the M25 at Junction 10 before driving on the M4 as fast as the car would go before it started to shake itself to pieces (about 80)
I now drive an 11 year old car, which shows no sign of it's age and is still lovely and smooth to drive. Just goes to show how much better modern cars are compared to those in the 80s.
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