Is this trade-in deal on a nearly new Octavia good?

Hi there.

I am thinking of purchasing a second hand (132) Skoda Octavia Elegance 1.2 petrol with 17k miles on it from a main dealer. I currently drive a 2001 Opel Astra (127k miles), which is due for taxing this month. The whole deal including trade-in comes to €16.6k net.

My annual mileage is circa 11,000 so I am wondering if the petrol version is the best option and if the price of the deal is reasonable in your opinion. I would welcome your advice as I have to make a decision in days.

Regards, John from Charleville.

John Rafferty (Charleville)

Jan 2015 Filed under: used car values

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Expert answer

Hi John,

Yes, I'd say you're onto a good one there. Obviously, a well used 14-year old Astra isn't going to come with a bundle of trade-in value attached, so I think the price looks pretty fair for the Octavia, especially given the low mileage. Honestly - we see press cars with higher miles than that!

As for the petrol/diesel side of things, I think you'll be fine in the 1.2 TSI. At 11,000 miles a year you're well within the bracket to keep burning petrol rather than switching to more expensive diesel (more expensive to buy the car, not the fuel of course) and the good news is that the 1.2 TSI engine is exceptionally frugal. In fact, I once drove one for 200km before I realised that it wasn't diesel, so slow moving was the fuel gauge. In my defence, it was late and I was tired...

Neil Briscoe - Complete Car Adviser
@neilmbriscoe