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Hi,
After looking at new cars this weekend and being told enthusiastically how I could have a 30k car as long as I pay a lot and give it back in three years! I have decided to try out the bangernomics route!
Couple of questions if you have done this in the past:
1) what sort of budget do you set?
2) any reliable makes to go for?
3) estate mpv or van (bikes and dog, and really not that fussed about interior etc!
4) anything else I should know before I start?
Buy on condition and the owner - not fixed on a specific model or spec.
Bangernomics = money you could walk away from if it dies next month. Typically less than £1k
What do you need it for?
I went down the bangernomics (ish, it wasn't quite under a grand, but it was a nice big family car in v good nick for its age) route a couple of years ago, and it died just before Christmas of a snapped cam-belt/water pump/valves.
Luckily it happened quite close to home, but it got me thinking that it could have happened at any point in the previous 2 years, with wife and kids in the car, and potentially a long way from home.
Decide if this is what you'd be cool with. Potentially stuck (or at least waiting for Mr RAC to turn up) a long way from home, dog/kids in there too, and faced with no transport when you get home. Sounds negative, but it's the risk you take.
So I had a good look around and found a 7 yet old Mitsubishi Lancer 1.9 diesel (so very reliable if boring), 70,000 miles, 1 owner from new, FSH, and still on extended warranty. Paid £2,600 (proper bargain IMO) and I'm a lot more confident that I won't get stuck somewhere. YMMV!
Grand max and untrendy brands.
Most vag bmws etc at that level are run by people who can't afford them so don't get maintained.
I bought a saab it's been ace put a starter on it in 2yrs. If it died tomorrow I'd be upset it's been brilliant
If you can find anything old and Japanese (not an import)
And probably petrol and manual of any brand has less chance to go wrong and cheaper to fix if does
And older but with lower milage.
Mk.3 Mondeo estate is the answer. Bought one three years ago with 90k on the clock. Put 35k in 18mths on it. Never missed a beat. Wrote it off on some black ice. Bought another one in May 2016. Had 120k on it. Now 200 miles shy of 170k, not missed a beat, starts first time every time and sailed through last MOT with no advisories. Both were 1.8l petrol. I'm going to have to replace it as with three kids and a dog I need an MPV. Replacement will be a 2009 or 2010 Galaxy.
Go Japanese - Mazda 6 estate is where I ended up. Fully loaded with electric windows, seat heaters and aircon, electric seats etcetc. Was over a grand but was also only 5 years old, 78k miles and reliable as hell. Mate has done better though - Yaris bought as a clunker 8 years ago for £80, still going despite abuse and no servicing!
Luckily it happened quite close to home, but it got me thinking that it could have happened at any point in the previous 2 years, with wife and kids in the car, and potentially a long way from home.
This could of course happen to any car new or old...
Japanese is also a good call. Mazda 6 is a great car!
Mk.3 Mondeo estate is the answer.
We've run two MK3 mondeos in our house and there is another in the immediate family. Two 1.8l petrols and one 2l tdci.
All have been outstanding cars to live with. One we had from 4 years old and sold over 8 years later. The other two were bought old and high mileage. One was moved on last year as it had done it's job and the other is still going strong.
Whoever said buy based on the owner and condition is spot on I reckon.
Bangernomics as stated up there is all about cheap, older cars. Probably 10 years or so, and under £1000. It’s actually quite hard to buy well in that market unless you know a lot about cars from a taking them apart and putting back together point of view or you have someone you trust implicitly who does that’s prepared to look at cars with you. Anyone can be lucky of course, but obviously most sellers don’t want to highlight bad points, and most bargain winners don’t like admitting they fluked it.
There’s an entire secondhand market between 3yr old and 10 yr old that has nothing to do with bangers and everything to do with value for money and you should be able to buy sensibly in that range with a reasonable expectation of reliability. Prestige marques and models will eat your money as always.
ajantom I think bangernomics does not mean you do not maintain the car (you could have got another 2 years from the car for the sake of a timing belt) You can/should still maintain a car whether its cheap or not. To the OP buy on condition and owner/ gut instinct rather than anything else cheap decent well looked after car from a decent house.
All about condition and seller.
No history with the current car, but was a garage owners runabout, no resale value to him as an ex ambulance car, petrol turbo, 4x4. Everything about it and his place was meticulously tidy. All fluids, filters, belts and pumps changed as well as polybushing the whole front end and no crap tyres.
Gone past 200k last month, still just consumable stuff.
Buy on condition and stuff that is considered unpopular or not super economical will always be cheaper. Parts costs I find much of a muchness on older cars. Something with parts common across models helps with part costs and breaker availability.
Budget is whatever you're happy to leave upsidedown in a hedge and get a taxi home.
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ajantom I think bangernomics does not mean you do not maintain the car
It was maintained 
serviced by my trusted local mechanic.
I bought it at 95k with receipts showing the belt and other bits had been done at 80k. I'd done 25k in the 2 years I owned it (so it was on approx 120k) and was planning on getting it done at 130k. On this particular car the recommended interval was 80k, so I'd have been well inside that. Just pure dumb luck it went I guess!
I suppose my point was that with older cars you have to take the risk that they are probably more likely to break down. Especially ones bought cheaply, as they may not have been well kept.
As a younger man with less responsibilities this was a risk I took, but with kids, etc. I'll pay a bit more and (hopefully) have something more reliable. Though of course all cars could die at any time. Though Japanese ones tend to have a reputation for reliability.
Buying new or newer doesn't stop them breaking.
Just means you have to fix them....
Exactly Duncan.
Just been through this with the wife.
But I did promise her a newer car if certain things came up
And you start looking slightly newer and slightly newer ... You get past about 8years and the price drops significantly . Newer than that the price seems to rise exponentially each year newer.
Hence we ended up with a near brand new car as it represented better value over life than say a 5year old car as the price difference wasn't much.
Got a bangernomics berlingo up to flog shortly but needs a windscreen. And it's in Aberdeen
not super economical will always be cheaper. Parts costs I find much of a muchness on older cars
trail_rat -
Got a bangernomics berlingo up to flog shortly but needs a windscreen. And it's in Aberdeen"Didn't buy that off me did you?
I ran a 53' plate diesel Berlingo for a few years.not pretty, but took the abuse I gave it and kept on going
Think I'm due another "bangernomics" car soon, I miss them....
Haha no I bought it from the first owner (a friend) in fort William
It's a 54 we have done 40k in it and all its needed bar consumables is a rear axle as the spring snapped (299 on exchange and a Saturday morning to swap over)
Been a pukka motor but the wife's using it for work more and more and we don't want her transporting the work kids in it so bought something safer (curtain airbags and 5 * 3 point harness and such like)
Still running a 2003 Rover 75 that was given to us for free at 104K. 2.0 cdt, Electric everything, average about 45mpg. Had it for 3 years, and now on 140k. I have absolute confidence in the engine, it's the other bits that stared to go wrong... In past 3 years it's had, 3 snapped springs, 2 new shocks and a clutch. The clutch especially was worth more than the car (almost) however the cars actual value to us was quite high, so we decided to do the work.That was 2 years ago.
Recently bought a 2012 XC70 and whilst that is of course a newer car, and should be reliable, i'm under no illusion that at some point it will chuck a few big bills at us.
So, get in summary. Get a Rover 75 Tourer. They're dirt cheap.
Whatever you get, get the cambelt (if it has one) done as soon as you can. We risked it on a Mondingo a few years ago and it just went one morning at the end of our street and borked the engine. £££ please...
Our Doblo had about 140,000 on it when we got it and it was as reliable as tomorrow until we sold it last year at the thick end of 180,000. To me, bangernomics means not forking out £xxx per month for a car/van/whatever and being able to afford to get someone else to service it often and fix stuff when it needs doing. We've got a Ducato now which cost more than I've ever paid for anything, ever, in one go (£1800) and it's fine. Got the cambelt done as soon as we could get it booked in at our local indie (and didn't use it in the meantime!) and get the oil and filter changed regularly because it's our only motorised transport and it has to work when we want it to. People make the mistake of running a 'cheap' car into the ground when it can last ages if you (or pay someone to) look after it properly!
I was thinking this morning....
In 2009 I bought a 2003 Focus 1.6 Zetec with less than 50,000 miles on the clock, basically immaculate, for £3100. I put 100,000 miles on it over 5 years, only had radiator, rear wiper motor and front calipers (seized due to doing navigational scatter rallies in it) in that time other than standard servicing (myself, every 10,000 miles). Sold it in 2014 for £600. It did nearly 40mpg consistently and wasn't too bad to tax, cheap to insure, could fit a 29er with only the front wheel out. That was cheap motoring.
You're looking at something like £5500 - £6000 to start with for a focus of a similar age and mileage now. And, it'll either have a turbo to go pop on an ecoboost engine, or a DPF that'll cost you £1000 every 70,000 miles on the tdci. Great.
Yes it does depress me to see people not doing basic maintainance on their motors just because they were cheap. A full service is 50 quid in parts for most 10 year old cars.
I did the belt on the berlingo my self and it cost 90 quid Inc pump and tensioners My last one I paid to have it done it was 300 quid on the previous Peugeot partner.
I can understand it if the cars on its last legs already but most people's bangernomics vehicles just seem to die through abuse rather than failures as such.
I'm running a 2009 Caddy van now, it was on 125,000 miles when I got it, but had a clutch, flywheel and belt just the other side of 100,000.
Oil, oil filter, air filter, pollen filter, fuel filter, CV boot kit all less than £70 and took me an hour to service. Just do it every 10k miles.
2009 Caddy van now, it was on 125,000 miles
I don't think that qualifies as bangernomics....although I am having to revise my expectations of the cost of 'cheap' cars these days.
I wonder when the PCP scandal will pop, and how that will impact cost of second hand vehicles too.
£3000 doesn't buy you very much, at all.
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