Our Fleet Test Drive: Ford Fiesta - 15th Report
02 December 2009
Author: Tom Webster
Fiesta long-termer isn't the downsizing bargain it was a year ago
|P11D price:|| £14,020|
|Key rival:|| Vauxhall Corsa|
Back at the end of 2008 the Fiesta joined the BusinessCar long-term fleet as part of a downsizing experiment.
We wanted to see whether you could save money by going down a size category and not lose out on the toys and luxuries enjoyed on a larger car.
The Ford arrived on the fleet with a price of £12,744 and replaced a Hyundai i30 CRDi with a P11D £14,220, so savings were immediately made on leasing costs and BIK tax.
Unfortunately, we would have to think a lot harder about the decision now as the recession and the abysmal Pound-to-Euro exchange rate have taken their toll on Ford's price list.
The Fiesta now comes with a vastly increased P11D value of £14,620 that has also bumped up the overall running costs. Thankfully the daily costs remain the same - BIK, road tax and fuel economy - partly because we took the car on at a time when the buying price was much lower.
However, it makes it harder to make a case for repeating the decision should we find ourselves in the same downsizing position again. A supermini loaded with all the toys, as is our Titanium-spec Fiesta, is easier to justify at £12,744 than it is at close to £15,000. That Hyundai, by the way, is now priced at £14,400, within £180 of the price a year ago.
The RV people are not convinced the increase in price will result in an improved performance on the second-hand market, either. While the car was expected to hold on to 37% of its original price, it is now expected to retain 32% of its new higher value, meaning it will cost a whole lot more for new buyers to justify the choice of a fantastic supermini.
|Ford Fiesta 1.6i Titanium 5dr manual|
|Claimed combined |
|Our average consumption||35.2mpg|
|Model price range||£8514-£12,744|
|CO2 (tax) ||132g/km (15%)|
|BIK 20/40% per month||£32/£64|
|Boot space (min/max)||295/975 litres|
|Why we’re running it||Can downsizing be done |
without the downsides?
|Positive||Looks, specification, |
|Negative||Rising overall running costs |