Best value car: buy used car OR new with scrapage allowance? Looking for low price family run-about.?

We have a 10yr old (+) to trade in and need a fairly basic good value family car. We would normally go for a used car, avoiding high initial depreciation. With the Scrapage allowance, has that 'golden rule' changed. Any advice? Our budget is 拢4k to 拢7k after trade-in / scrapage.|||Hyundai's i10 is 拢7300 new, with 拢2k off on scrappage (拢1k gov %26amp; 拢1k Hyundai) thats a brand new car for just over 拢5k.





The magazines rave about this car and at that level of expenditure there really is no contest.





It has a 5 year warranty and of course you dont have to M.O.T for the first three. (do check servicing costs though).





In five years a second hand car bought for 拢4-拢5k will be worth next to nothing anyway and is likely to cost more in upkeep.





I think the depreciation argument comes more into play when spending 拢10k plus and being able to get that same car a couple of years old for far less.





I have attached Autocar magazine review below and the Hyundai site, a friend of mine has just bought one of these with scrappage allowance and loves it-it's the best selling new car in the UK at the moment for a reason.





Hope this helps!|||the used car market has collapsed even more than the new car market, you could get a great deal on a nearly new car for 拢7000 but even with the allowance you wouldn't get much new for that|||I too have a 10 + year old car and quite frankly would never


buy a new car





The depreciation is massive as is the VAT on new cars,


I'd go for a nearly new car all the time as you'll get much more value for your money





that's only my personal opinion,mind you|||With the Scrapage of 拢2k you could get a Kia Reo 3 1.5 deisel turbo 60 miles to the gallon and only 拢25.00 a year road tax all for 拢10.290.