Short term investment with good resale potential

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Short term investment with good resale potential

I recently posed a question regarding a short term lease (3/4 months) for my wife (we need an auto as she dislocated her knee recently). Having researched this following your advice, an auto 5 door fiesta will cost roughly £350/mth. I'm thinking that the cost to buy and sell privately would probably cost less than leasing for 3/4 months. What would you suggest would be the easiest car to sell on? Criteria is it needs to be 5 doors, relatively easy to get in and out of, petrol (for short runs), auto box. Thanks!

Asked on 31 December 2015 by thisisbeaker

Answered by Honest John

You are hoping to lose less than £1,050 - £1,400 over 3 - 4 months. To do that you'd need to buy at trade price and sell at private retail, taking advantage of the traditional upsurge in the market in Spring time. I'd avoid anything with an automated manual shift, a dual clutch auto (DSG, Powershift, DCT, etc.), and avoid Nissan CVTs. A post-February 2011 Honda Jazz 1.4iVTEC CVT-7 is a good bet. Or a smaller KIA Picanto or Hyundai i10 1.25 4-speed auto.

Tags: buying

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