Sorry in advance for yet another car related post, but posting as everyone's situation is different. I'll try keep it as short and sweet as possible.
M24 living in Wicklow, €50 p/week to my parents, no other major outgoings. I will be commuting to Swords daily (bang on 200km round trip). After 6 months probation (hopefully sooner) I can move to 3 days in office, 2 from home. I like this as I've never had the option to work hybrid before and would seriously chop down the commute a bit.
Salary is €50k gross, and worth mentioning I have a side gig that is tourism related so would only pick up around March and die down in October. This side gig, when busy would net me at least €100 p/week not including tips which are usually generous enough.
I currently drive a 2013 Hyundai i40 (1.7 diesel, ~240k Kms) but I'm looking to get an automatic as I can't stand the manual in heavy traffic which I'll be hitting on the M50 and M11 both up and down. I'm currently looking at a Toyota Corolla Hybrid (approved used, between €24k - €27k) on PCP for 3 years. With a deposit of about €5k it would leave me with monthly repayments of about €450 p/month.
The hybrid aspect appeals to me because of the amount of traffic I'll be dealing with, I understand diesel is still the king of the motorway but when the M50 turns into a car park every day I cant really see the gains of having a diesel, open to people's experience on this for those that have gone down that route!
My big question is do I go for the nearly new Corolla with the income I'll be on, or go down the "bangernomics" route of getting a cheap as chips automatic diesel with little to no comeback if shit hits the fan. Worth nothing there is a years warranty on all the Toyota approved used range. Keeping the car after the 3 years doesn't interest me at all nor does upgrading so I'll probably just give it back and judge where I'm at when the time comes.
TLDR - living at home, new job with more money + side gig, do I go for a nearly new car or get another banger and face the consequences?
Cheers!
M24 living in Wicklow, €50 p/week to my parents, no other major outgoings. I will be commuting to Swords daily (bang on 200km round trip). After 6 months probation (hopefully sooner) I can move to 3 days in office, 2 from home. I like this as I've never had the option to work hybrid before and would seriously chop down the commute a bit.
Salary is €50k gross, and worth mentioning I have a side gig that is tourism related so would only pick up around March and die down in October. This side gig, when busy would net me at least €100 p/week not including tips which are usually generous enough.
I currently drive a 2013 Hyundai i40 (1.7 diesel, ~240k Kms) but I'm looking to get an automatic as I can't stand the manual in heavy traffic which I'll be hitting on the M50 and M11 both up and down. I'm currently looking at a Toyota Corolla Hybrid (approved used, between €24k - €27k) on PCP for 3 years. With a deposit of about €5k it would leave me with monthly repayments of about €450 p/month.
The hybrid aspect appeals to me because of the amount of traffic I'll be dealing with, I understand diesel is still the king of the motorway but when the M50 turns into a car park every day I cant really see the gains of having a diesel, open to people's experience on this for those that have gone down that route!
My big question is do I go for the nearly new Corolla with the income I'll be on, or go down the "bangernomics" route of getting a cheap as chips automatic diesel with little to no comeback if shit hits the fan. Worth nothing there is a years warranty on all the Toyota approved used range. Keeping the car after the 3 years doesn't interest me at all nor does upgrading so I'll probably just give it back and judge where I'm at when the time comes.
TLDR - living at home, new job with more money + side gig, do I go for a nearly new car or get another banger and face the consequences?
Cheers!