I can't really help with a constructive reply, but I have also been thinking along the same lines as you about an Ibiza as a possible new car.
They look rather good and I'd assume that given their underpinnings, they should be good. The trim etc might not be up to VW class, but look at the prices - and I think I prefer it to the current Skoda Fabia.
HJ seems to rate them quite well.
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