I have £3000 to spend on a daily driver. What's your advice?
I'm about to be made redundant, which means handing back the company car. I'll be using the redundancy cash to pick up a sub £3000 car until I find another job. This price point is awash with cars, from modern Ford Mondeo/Focus type cars with 150,000+ miles and the odd MoT failure, most of which started off as ex fleet. Mixed in, I keep finding some interesting Mercedes. One that caught my eye was a 2004 Mercedes E320 with two owners, full detailed service history, never failed an MOT. Body work immaculate as well. As a rule of thumb, I'll be going over the history with a fine tooth comb. But should I be looking at a modern motor with high mileage or something older with similar mileage which has clearly been loved? Thanks.
Asked on 12 September 2020 by Beags

If you have less than £3000 to spend on a daily driver, I'd strongly advise against buying an old E-Class. At 16-years-old, it'll be worn out and in need of significant work (and money) to keep it on the road. What's more, being a Mercedes-Benz, all of the servicing and repair costs will be relative to its price when new (£30k) and not a vehicle that's valued under £3000. If you need a reliable and efficient used car, I'd recommend buying a Honda Civic or a Toyota Avensis.
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