Lease economics vs. Bangernomics

[BERGS2]

Just running through a few numbers - am on the cusp of ordering a five door Citroen C3 - for £165/month

This is sort of replacing my Jeep Cherokee that i got a couple of years ago in the spirit of reasonably interesting bangernomics -

comparisons:



So the new car is a citroen - flat paint etc. but £165/month plus the lack of tax/MOT requirment etc make this very, very cheap motoring...

I used to have to keep a bottle of water in the Jeep to top up the slow leak on long journeys - Oh, and it used to steam up the window when it rained as the heater matrix was fooked...

OK, i know that real Bangernomics would have been a old Skoda 1.9SDi run into the ground - but i'd be interested to know of any views on my stats above -
I was unlucky with the Jeep on two fronts - needed a couple of repairs over my ownership tenure, and I was very honest with it's faults when i punted it off on Ebay - but overall - the small new french thing should save me money...

A mate at work has just got one to do his daily commute in (400miles a week) - saves the cost of the lease on fuel alone.

[mattviatura]

Assume that's the 1.4 VTR+ Petrol C3, it's got a nice spec for the money. Makes sense but then I'm biased.

[BERGS2]

mattviatura said:

Assume that's the 1.4 VTR+ Petrol C3, it's got a nice spec for the money. Makes sense but then I'm biased.

'tis a diesel - but yes - a 1.4 VTR+

Jeep was diesel too - perish to think what the 4.0 petrol would have been - i suspect basically double the above fuel costs!

[BoRED S2upid]

Service costs for the banger at £400? thats a bit steep. When I ran a £300 316i over 30,000 miles the only service item was one oil change and a filter so £50 max. Also depreciation on a banger? they should have done all their depreciation to become said banger, you are buying it at the end of its life in the hope you can get a few thousand miles out of it before it goes to the scrapy.

[BERGS2]

BoRED S2upid said:

Service costs for the banger at £400? thats a bit steep. When I ran a £300 316i over 30,000 miles the only service item was one oil change and a filter so £50 max. Also depreciation on a banger? they should have done all their depreciation to become said banger, you are buying it at the end of its life in the hope you can get a few thousand miles out of it before it goes to the scrapy.

To be fair the service/repairs were about £1200 in total - I can't recall quite how the split was but we had a new radiator, had a new clock spring for the airbag & horn, someone had welded the sump plug in (F*ck knows why) - so yes - it was a little lumpier than it could have been - but the prospect of gearbox seals etc as the next stage of repairs were enough to put me off keeping it.

I bought it for 1500 quid and sold it for 750 - as i described the faults on ebay in detail.

Still had a cheeky fecker try to chip me on the price having spend over an hour of my evening checking it over on pick up - Private sales - right pain in the Ass...