Here's my thinking on this. I love my Impreza (2005, 2.5rs wagon) and it's not given me any problems, but it has 144000km on the clock and it gets around 11l/100km and spend about R1.1k per month on fuel. My monthly installments are just over R1.7k. Assuming a Picanto at R125k (R114k purchase price plus a service plan and smash and grab - it's a thumbsuck but I can't be far off), an interest rate of 10% and a R15k deposit, I'm looking at R2.4k a month over 5 years. I'll save about R500 per month on fuel. Have no idea on the insurance difference, if any. So all in all, it looks like it'll cost me about the same to drive the Picanto.
The Kia IS a downgrade in terms of size and power though. What I gain is peace of mind in terms of being covered by the warranty and service plan, and much better fuel efficiency which could make a serious difference if fuel prices go up, or if we experience further fuel shortages. What would you guys do?
The Kia IS a downgrade in terms of size and power though. What I gain is peace of mind in terms of being covered by the warranty and service plan, and much better fuel efficiency which could make a serious difference if fuel prices go up, or if we experience further fuel shortages. What would you guys do?