What are the key considerations that you undertake when buying a car?
Is it fuel efficiency that motivates you to make a purchase? Or does the overall performance have the single biggest influence on whether or not you complete a purchase? Maybe it is a combination of these factors that you look for, or perhaps you can be easily swayed by the colour of a model. Either way, it is worth considering your selection process to ensure that you are getting the best possible deal, especially with falling disposable income rates dictating the need for consumers to spend carefully.
Can you Achieve value for Money when Buying a Volkswagen Polo?
With this in mind, today’s generation of buyers may be best served by evaluating cars according to their financial merit. More specifically, they should consider a range of factors that determine whether or not a specific model offers value for money, including purchase price, fuel economy and the impact of depreciation. If we take the Volkswagen Polo, for example, we would investigate these factors and discover the following: –
- Purchase Price
Depending on the precise make and model that you buy, you can usually purchase a new Volkswagen Polo for between £13,000 and £15,000. Given the reliability and the high performance specification this already offers good value for money, but you can reduce this purchase cost more by partnering with a discount dealership such as Orange Wheels. Polo’s can be brought through this site for between £12,000 and £13,500, which represents a significant initial saving.
- Fuel Efficiency
As you would expect from a car with German engineering, Volkswagen Polo’s are equipped with a range of fuel-efficient and high performance engines. Including two petrol units and a diesel option, these engines range between 1.2 and 1.4 litres and produce excellent results. They are also fitted with a five-speed manual transmission as standard, although the 1.4 litre engine is available with a seven-speed DSG options. Overall, the car is relatively cheap to run and capable of helping you to save money over time.
- Depreciation and Resale Value
If we have already established that the Volkswagen Polo offers genuine value for money, tis message is underlined further by the cars rate of depreciation. While very few standard cars are designed to retain their value over time, the Volkswagen Polo is one of a number of cars that depreciates slower than the majority of rival models. According to the This is Money website, the Volkswagen Polo experiences a relatively minimal depreciation of just 19% per annum, with the value falling from an average of £12,500 to £10,000 within this time.
