Looking on Autotrader (AT) they are asking £3-£4k for Fiestas with similar parameters. Assuming they get close to their asking price that’s a reasonable guide. It seems a lot of money for a car that’s about to be 16 years old but we are in a strange market at the moment.
Newer cars with higher mileage is where I would be looking. Low miles can indicate short journeys, and more wear than a higher miles car. And a damp garage can be worse for rust than a car parked in the open air. So I wouldn’t pay a premium for a garaged low mileage car without a very thorough check especially for rust.
Also a first car tends to lead a hard life with bumps and scrapes and it’s unlikely to stay pristine for long. This is no reflection on your son but is borne out by my personal experience with youngsters’ first cars. It might be less stressful to get one that’s in more typical condition (and price) for its age
It’s worth looking on AT (and Gumtree etc) to see what’s available in your budget. You will have your own criteria but I suggest that for a first car, low mileage and pristine condition are not top of the list. Having said all that Fiestas are good starter cars and if the one you have found is a bargain, say closer to £2k, then don’t rule it out but don’t pay over the odds.
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