Golfs hold their value for a reason. People want them. Simple supply and demand.
MkIV Golfs are great cars, but I agree £3.5k for a 10 yr old one is far too much money. I bought a 99 1.8T GTI a couple of months ago for £1800, albeit with the wrong side of 100k on the clock. Even so, you should be able to pick up something a good 2 years newer for £3.5k, or the same thing a good grand cheaper, if its petrol anyway. My advice would be:
The best car to drive in this class by a country mile, and probably the cheapest to service / maintain will be the Focus. There is a LOT of c*** for sale sub £2k, but odd gem aside, £2.5k will get you a nice one.
The best car to spend time behind the wheel of in this class by a country mile, and the one likely to cost you least in depreciation is the Golf.
The most reliable car in this class and newest for the money will be something from the Far East.
Go and drive some examples of each and see what you think.
Edited by DP on 06/04/2010 at 21:43
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