Would you say £7,500 for a 3 month old Corsa with all the mod cons with
demo mileage
(under 50miles to be exact) is a good deal?
This is doubtless a pre-registered car. These are cars sold cheaply by
Vauxhall to dealers on the condition that they register them - it's a ploy
to clear out stock and keep registrations up. They are usually terrific
value and are brand new motors, the only thing that makes them used cars is
that you'll be the second name in the log book - this is unlikely to detract
from the car's value when you come to sell it.
However, do be aware that there are lots of Corsas about and I think they're
best value bought at one year old. There are lots of these out there too.
Last June I bought a year old Corsa 1.2 16v Design 5dr with 15k miles at
auction for £4,825 - that was a good price, I'd expect to see them make
aorund £5k.
I don't expect you to buy at auction as it's not for beginners, but you
should realise that if you buy yours for £7,500, in 9 months time it will be
worth about £5k trade - that's quite a drop in 12 months.
Buy a year old one from a car supermarket and whilst you do still have to
pay the dealer a profit, your depreciation in the first year is likely to be
£1,000 less than if you buy the Breeze you've seen.
Motorpoint
www.motorpoint.co.uk have lots of 05/05 Corsas from £5,499.
They're 9 months old with up to 15k miles on the clock. They're good value.
05/05 1.2 Life 5dr £5,499
05/05 1.4 Design 5dr £5,799
05/05 1.2 SXi 5dr £6,299