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11 February 2010

When should I get a new car?

Hi, I've just got a new job that would mean commuting to Liverpool by car from Manchester. 70Miles a day. I've got a car worth about 4k (still owe £800) but it's a 1.8ltr petrol and it guzzles fuel, other than that it's fine. Is it worth trading in to get a more efficient car now or should I pay the more expensive fuel costs and save more before I change my car. I think with a more efficient car I'd save around £70-£80 a month?

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