Be gentle with me this is my first posting!
This is my dilemma......I currenty own a Honda Jazz CVT. 25k miles and 3 years old. I had a drive in a new Perodua Myvi which a local dealer is selling for just £5999 o.t.r. Brand new. 3 years 60k warranty air con etc. All I really need in a car. Drove ok I am not really interested in how fast a car goes around a corner, it rode well, better than the Jazz, seemed well built, no rattles or squeeks. Loads of room for me and her indoors when she's out of doors! I realise that it may be worth little in 3 years time but I can swap for just £500 plus the Jazz and I haven't started haggling yet. My car has effectively lost around £7000 in the time I've owned it so no car is immune from depreciation. My Son-in Law believes I have finally none crackers but I'm not so sure. The Jazz will need around £400 spending on it soon, tyres and pads at the front and road tax plus a minor scuff repair caused via a careless parker in my absence. All help, medical or motoring gratefully received. Thanks for reading.
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Is the dealer selling it just a dealer or is he a Perodua agent? HJ reports lack of dealers/agencies in his car-by-car report but overall quite likes the package on offer.
Edited by Armitage Shanks {p} on 30/04/2009 at 20:15
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It is a franchised dealer. Also specialises in those tiny Micro Cars.
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Good - that is a fairly major issue resolved for you!
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Bear in mind the Perodua will be pratically worthless when you come to trade it in, unfortunatly all these budget cars suffer like this.
You wont get anything like what the Jazz is worth back.
Also what EuroNCAP crash test rating does the P. have? Is it safe as a Jazz or others?
I'll think you'll miss the solid Honda engineering. If you dont want another Honda, maybe consider a Hyundai, i10 or i20, both are available in autos.
Dont buy the Perodua!
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Spend the money on the Jazz - the Myvi will cost you so much in depreciation, whereas you'll get cheap, reliable motoring from the Jazz for years to some. Do the maths....
PS Who in their right mind would buy a car names after an ice-lolly?
Edited by oldnotbold on 30/04/2009 at 22:11
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£500 plus the Jazz for a MYVI. I'd grab it with both hands!
The MyVi is an excellent car, those that tell you it's an unknown brand blah blah and it'll lose loads of cash and say do the maths. Well do the maths, include servicing, MOT and parts costs that you'll need over the next 3 years and the MyVi will be cheaper every time.
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Put it this way it can't depreiciate as badly as that Jazz. If you keep it for 5 years it would still be worth £1500 or maybe £2k at a push when you come to sell it.
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My first thought was "what's the real value of the Myvi", but I assume the £5999 is already discounted as the list prices seem to be 7-8k?
It's a perfectly reasonable proposition it seems to me - given you'd have to hand over 6k or likely more for to swap for a new Jazz which in financial terms is far more questionable idea but wouldn't cause anybody to turn a hair. I wouldn't wnat the current auto version of a Jazz either.
I've never laid hands on one, but I gather it's a relation of the Daihatsu Sirion, itself a member of the Toyota family. My uncle had a Sirion which was used and abused for five years or more without problems.
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Personally, I wouldnt having been through the process of deciding on a Myvi and then feeling that its relation, the Sirion, is much nicer.
If I was to buy one, id look for a year old one for about £4.5k rather than pay new price. Used they give them away.
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I'd be testing the Hyundai i10 first, just to make sure thats not even better than a car named after an ice cream.
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Who suggested the Sirion was better? The reviews suggest that the interior design of the Myvi is a bit better than the Sirion; and given the likely price difference a 1.3 Myvi might be a more attractive proposition than a more expensive 1.0 Sirion.
At this end of the market surely the point is to spend no more than you have to?
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You can get a Panda Eco from £5,495 from Fiatsupersaver. Worth checking whether some of these cars are actually galvanised.. 6yr corrosion warranty is often the give away.
Edited by oilrag on 01/05/2009 at 09:28
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>>Who suggested the Sirion was better? <<
I spent alot of time debating this one and I do reckon the Sirion is a better car. It is better screwed together with higher quality materials, the Sirion is galvanised, it has a far better warranty, more kit ( they recently reduced the amount standard on the Myvi ) and yes its more expensive BUT there more time you spend looking, the more you can see where it goes.
Our Sirion ended up only about £700 more than the eqiv Myvi after discounting and we reasonsed that all the extra you got with the Sirion was well worth that extra cash.
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Perodua is about the very least known make of car ever, I asked er indoors what a Perodua is and she replied "An Asian religious abode".
My neighb is a Perodua dealer, I've noticed that he is now a Mazda specialist (hehe!)
I'll go along with oily rags Panda Eco or something along those lines.
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The risk right now is that despite the fact it's a budget brand, Perodua UK is a two man and a dog operation that could pull out at any time leaving your warranty worthless and your parts store empty.
One look at their website tells you they are not great at marketing...
It's actually based not far from me in Henley on Thames, and they also have the UK franchise for Piaggio vans.
Edited by oldnotbold on 01/05/2009 at 11:21
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The fact that you could swap it for £500 plus your Jazz should be your hint - the Jazz is still nearly new, and is a far better car. I think you would be utterly mad to swap.
Unless you want to of course, in which case fine, but it makes no sense at a rational level.
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No 'motive' here - unless you're bored? In which case I think the Lolly will quickly fail to entertain. You seem to think that the upcoming need for tyres, pads etc. is somehow a reason to change? Do you think the Lolly will be immune from such things?
You've got one of the (widely acknowledged) best cars in class - just nicely run-in with depreciation-max past - why give all that good work to somebody else to benefit from?
No,no,no.
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...No,no,no...
I think it's more yes, possibly.
The OP has the choice of spending about the same sum on either servicing and repairs or a new car.
I get the impression he is not that impressed with the Honda, but rather likes the Perodua.
As the Honda gets older it could begin to cost more in repairs.
Every reason to expect the Perodua will provide three years of reliable motoring with the safety net of a new car warranty.
Either way, in three years' time, the OP will have a car that is not worth a lot of money - either a six-year-old Honda or a three-year-old Perodua.
For £500, I can see the attraction of the Perodua.
Edited by ifithelps on 01/05/2009 at 12:15
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It's a new but distinctly inferior car though.
The £400 on routine maintenance is a normal running cost not a reason to get rid. And a 3 year old 25k miles Honda is pretty much brand new.
If you're worried, you can extend the Honda warranty for very little; on my Accord it was £250 for a years extra manufacturers warranty that also keeps in place the Europe-wide AA cover.
I worry slight boredom will lead to an inferior car. But, I can also see that you might just fancy a change.
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Whether you think the Perodua is 'all you want in a car' or not, you'll be sorry.
You'll learn a sharp lesson about the difference between perceived quality and proper engineering.
You remind me of the sort of person who, 20 years ago, took up the seemingly attractive deals on offer and ended up with a Lada or, worse, an FSO, just because it was new while the relieved dealer had taken something decent in part exchange he could sell at a decent profit.
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...a Lada or, worse, an FSO...
I think the difference is the cheaper brands are now much closer to the premium ones in all respects.
Still inferior, but there is not the gulf in quality there was when Lada/FSO and Moskvich were about.
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My father in law fell into this trap when he retired. He had never had a brand new car in his life and decided to treat himself to a new Proton Compact. You might remember they were a re-worked Mitsubishi Colt ? In fairness the car was OK for a while but as it got older it became clear there were downsides like getting parts etc. It became quite careworn fairly quickly and it also depreciated much faster than any of its mainstream rivals so what he saved on purchase price was lost at the other end.
He replaced it last year with a mildly second hand Fiesta and is delighted with it. I can understand the attraction of the Perodua deal but I agree with others here, I think you already have a better car.
Edited by Humph Backbridge on 01/05/2009 at 12:32
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Stick with the jazz. You will have to lash out 500 quid for the new Peruda anyway, spend it on the jazz and after three years your (now 6 years old) jazz will still be worth more than a 3 year old Peruda.
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The clue is in the trade in value of the Honda - the trader will freshen it up, and stick in on at no less than £1500 more. He's seen the profit in the Jazz, and that's what he wants. The profit on the Lolly will be pennies, and way less than the profit he'll make on the Jazz.
Get the Jazz serviced, put new tyres on it, and then get Stu round to give it a full valet. Total cost £650, but you'll have twice the car that is the Perodua.
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