Viewing 40 posts - 1 through 40 (of 57 total)
  • Bangernomics questions
  • phil40
    Free Member

    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?

    matt_outandabout
    Full Member

    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?

    ajantom
    Full Member

    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!

    duncancallum
    Full Member

    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

    chrisdiesel
    Free Member

    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.

    funkrodent
    Full Member

    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.

    crashrash
    Full Member

    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!

    trail_rat
    Free Member

    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…

    funkrodent
    Full Member

    Japanese is also a good call. Mazda 6 is a great car!

    garage-dweller
    Full Member

    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.

    vincienup
    Free Member

    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.

    falkirk-mark
    Full Member

    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.

    timber
    Full Member

    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, 4×4. 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.

    ajantom
    Full Member

    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.

    duncancallum
    Full Member

    Buying new or newer doesn’t stop them breaking.

    Just means you have to fix them….

    trail_rat
    Free Member

    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

    matt_outandabout
    Full Member

    not super economical will always be cheaper. Parts costs I find much of a muchness on older cars

    There is a lot in this. People will pay thousands more for a more complex, higher mile car that is £100 less tax and 5mpg more.

    downhillfast
    Free Member

    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…. 🙂

    trail_rat
    Free Member

    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)

    will
    Free Member

    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.

    kayla1
    Free Member

    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!

    core
    Full Member

    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.

    trail_rat
    Free Member

    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.

    core
    Full Member

    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.

    matt_outandabout
    Full Member

    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.

    core
    Full Member

    £3000 doesn’t buy you very much, at all.

    trail_rat
    Free Member

    What he said.

    Those at the bottom are keeping their cars longer I think.

    I’m not seeing nearly as many quality cars to buy at the bottom.

    Plenty to choose from mind Everything I looked at was utter dross I wouldn’t trust to cross town let alone run as a vehicle.

    matt_outandabout
    Full Member

    £3000 doesn’t buy you very much, at all.

    I know. My dump of a Galaxy ’06 / 157k / scratched and missing trim is worth nearly that, and I wouldn’t touch it with a bargepole… 😆

    trumpton
    Free Member

    it’s worth keep getting them serviced on time at a small local garage.

    joefm
    Full Member

    I think the key to bangernomics is being able to fix stuff yourself. Most info and help is online and it isn’t hard to do.

    Otherwise you will be paying bills or replacing cars quite a lot. And the worst of that is you get all that cost while driving a shitter.

    anagallis_arvensis
    Full Member

    So, get in summary. Get a Rover 75 Tourer. They’re dirt cheap.

    I had a diesel auto. It was bloody brilliant. I loved that car. Made me laugh at the sheer stupidity of it all everytime I got in it!
    Rotted away to nothing though 🙁

    kayla1
    Free Member

    I think the key to bangernomics is being able to fix stuff yourself. Most info and help is online and it isn’t hard to do.

    OH does little jobs on ours but for anything that involves going underneath or tools we haven’t got it it’s off to the local indie- they get paying work and we get a serviced/working van back later that day. I’d rather pay someone £40 a go for an oil and filter change a couple of times a year than have to buy the bits and get rid of the old stuff- life’s too short to be buggering about with stuff that you don’t need to bugger about with! It was in last Monday for a ball joint, couple of front tyres and rear brakes, £200 all in. Meh, just do it and give me a ring when it’s ready to collect please 😆 That’s it sorted for however many months now though and if/when it needs something then it’ll get done because we won’t have been forking out £xxx per month for something newer and more complicated!

    tomaso
    Free Member

    Second vehicle and daily driver to our Ducato motorhome is a 12 year old Honda Jazz. It is a tardis that can fit loads in it.

    43k miles and cost me £560. Oil change last week cost £22. Centre and back box exhaust cost £38. New rear pads £11. Most expensive thing was a new battery at £40, but if the Mrs didn’t keep leaving the internal light on overnight it wouldn’t be needed…

    It runs like a dream.

    FOG
    Full Member

    I am in the other end of this discussion. I have a Meriva with 100,000 miles on the clock. It is a sh*te car really but it is great for biking as the rear seats go completely flat to get bikes in easily. It also means there is a constant flow of relatives borrowing it to move fridges/washing machines etc, The diesel motor is reliable and economical and nothing else apart from wear and tear has gone wrong.
    However like a lot of Merivas there is wear in the steering rack which, if it is enough to fail the next test could cost at least £500 to sort, twice as much if the EPS has gone as well.
    So is it worth spending that to keep a reliable car going even though I would be lucky to get £600-700 for it?

    will
    Free Member

    Fog – Probably yes. What you going to do? Flog it/scrap it and buy another banger for £600? Which may or may not have similar issues?

    rickonwheels
    Free Member

    £3000 doesn’t buy you very much, at all.

    I’ve had bangers for 25 years, our current workhorse (06 Touran, bought with 90k on the clock) cost a smidgeon over £3k and is the most expensive car i’ve ever bought. 1.5 years in, so far so good, including 2 fully loaded family camping trips to the south of france and back. Comfortable, safe, cruise control set to motorway speed limit, economical, dirty-diesel.

    A few random observations:-
    – Most bangers, expect up to £1k/year in maintenance – clutches, broken coil springs, random electrical gremlins, hoses, cv boots. Though you might be lucky.
    – Electrical stuff (airbag sensors etc) can be tricky/uneconomical to fix, and may be the eventual reason a car has to be scrapped
    – Really old vehicles can rack up labour expenses for seemingly simple jobs – it once cost me half a days labour at the local garage to replace a £5 bushing, due to a seized bolt!

    thomthumb
    Free Member

    dont be afraid of a car that needs a little work if it’s cheap enough.

    When looking at mk1 TTs (the wifes choice) condition varied wildly, as did prices – the two not always matched.

    We bought a very cheap one that needed some mechanical work, a cambelt plus oil changes. Spent almsot £2k at my independent VAG man. Still ended up cheaper than the sale price of nearly any other car we’d looked at (and they all needed something).

    Don’t buy a mk1 TT for bangernomics though. too comlicated to fix & too many problems.

    e39 BMW tourer has been bulletproof so far. uses a lot of fuel but otherwise cheap to run.

    Honda CR-V would be my outside choice – I fancy one and never had a honda – I don’t know enouigh about them to commit though…

    sbob
    Free Member

    core – Member

    £3000 doesn’t buy you very much, at all.

    Half that bought me an S Type Jag.
    The other half bought me a 740 BMW.

    How much do you want? 😆

    trail_rat
    Free Member

    with in the last year ?

    historically i could regale with what ive bought for me and friends for almost nothing but doesnt mean much if right now many pounds doesnt buy much unless your buying waaay left field like a 7 series bimmer….which i wouldnt thank anyone for.

    with many dealers doing thinly veiled discounts by calling it a scrappage scheme for up to three grand on some models , its driven up the price of the once prized 10 year old car that had been someones pride and joy and they were selling for buttons because they were getting an even crapper trade in …..

    Now what im seeing(having been looking for the last 3 months) is pretty much un-maintained junk thats not been looked after. Which if your not fussy is great but i judge the history and the owner as much as the car before me. Has worked pretty good for preventing lemons.

    edlong
    Free Member

    My latest bangernomics purchase wasn’t entirely planned – had a minor bump in the snow the other week and needed a new front bumper only (even the foglight survived).

    Being a 2006 Renault Scenic, a new bumper at insurance bodyshop prices rendered it uneconomical to repair and so it’s been written off.

    Enquired as to whether they’d sell the car back to me.

    £20!

    Now, I’d filled the tank the day before so it had c.£60 of petrol in it. So if I just run it till it’s empty and then torch it, I’m still £40 up!

    As it is, I can get a good condition matching bumper (so no paint needed) locally for £50. That said, it is fine with the corner of the bumper held together with gaffer tape, so if it will go through an MOT, I might just leave it as it is.

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