Fiesta ST-2 Finsport
I have worked for them, and my dad (now retired) worked at duntons for nearly 30 years
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I have worked for them, and my dad (now retired) worked at duntons for nearly 30 years
MarkCup
ClioSport Club Member
I'm just about two months in, have covered a shade over 3,000 miles, so its time for some charts...
Mile per gallon isn't quite as good as I hoped for yet, I'm still learning how to get the absolute best out of the little motor though, so I expect it to improve over time
The all-in costs won't be truly accurate until I start replacing brakes, tyres, and have the odd service or repair
Proof here if ever it were needed that whining about VED bands/costs is pointless...it's such a tiny element of the overall cost of car ownership. This is on a little Fiesta, consider VED on a more expensive or less economical car and it's impact overall is even less
I know it'll get worse but compared to the monthly costs of my outgoing Clio 200 (£657 comparing like for like)...
Still loving the experience
For anyone interested, depreciation is straightline over 5 years to a residual value of £4,000.
Mile per gallon isn't quite as good as I hoped for yet, I'm still learning how to get the absolute best out of the little motor though, so I expect it to improve over time
The all-in costs won't be truly accurate until I start replacing brakes, tyres, and have the odd service or repair
Proof here if ever it were needed that whining about VED bands/costs is pointless...it's such a tiny element of the overall cost of car ownership. This is on a little Fiesta, consider VED on a more expensive or less economical car and it's impact overall is even less
I know it'll get worse but compared to the monthly costs of my outgoing Clio 200 (£657 comparing like for like)...
Still loving the experience
For anyone interested, depreciation is straightline over 5 years to a residual value of £4,000.
Last edited:
Deeg
ClioSport Club Member
I'm just about two months in, have covered a shade over 3,000 miles, so its time for some charts...
Mile per gallon isn't quite as good as I hoped for yet, I'm still learning how to get the absolute best out of the little motor though, so I expect it to improve over time
The all-in costs won't be truly accurate until I start replacing brakes, tyres, and have the odd service or repair
Proof here if ever it were needed that whining about VED bands/costs is pointless...it's such a tiny element of the overall cost of car ownership. This is on a little Fiesta, consider VED on a more expensive or less economical car and it's impact overall is even less
I know it'll get worse but compared to the monthly costs of my outgoing Clio 200 (£657 comparing like for like)...
Still loving the experience
For anyone interested, depreciation is straightline over 5 years to a residual value of £4,000.
I'm baffled that people moan about VED, particularly on performance cars. It's minuscule in the grand scheme of things.
The MPG is brilliant really, considering it's a reasonably powerful little car. At 45 MPG, you're only 6MPG less than the average mpg I'm getting in the diesel mini I'm running at the moment.
Fiesta ST-2 Finsport
Mark I never understand cost of ownership stuff, well over my little pea!
I've got a question, where did you get the depreciation figure from?
chris
I've got a question, where did you get the depreciation figure from?
chris
MarkCup
ClioSport Club Member
Mark I never understand cost of ownership stuff, well over my little pea!
I've got a question, where did you get the depreciation figure from?
chris
Depreciation = purchase price less what it's worth at 5 years old with 100k on the clock, I've said £4,000 as it will be standard/Mountuned and having had a warranty for its full 100k will have been meticulously maintained. I think that's fair.
Then I split it equally over 5 years to get a daily rate. From that and the mileage all the other figures are calculated.
Didnt feel that miniscule on my vectra vxr when it dropped through the door at £475. I guess I'm just not high roller enough yet.
Sir_Dave
ClioSport Trader
£40 a month, less than most people pay for their Sky TV!!
This is true but sky have the decency to let me pay monthly - the government don't.
Cue the 'manage your finances and put £40 a month away' comments.
Deeg
ClioSport Club Member
But that's it though, isn't it?
I used to put £100 a month into an account to cover tax, insurance, servicing, breakdown etc.
Job done.
Most of the costs associated with cars, with the exception of unexpected repairs, reasonably fixed. You know tax is gonna cost (within a % or 2) £X. You know insurance will cost broadly £Y. You know the AA cover will be broadly £Z. Add all those up, spread them across 12 months and you have your monthly bill.
I'm not sure what's difficult about that?
I also said in terms of running the car across the year / ownership period, which Mark's graph illustrates. Driving more economically through the week could pay for your tax, assuming you do an average mileage.
What would be gained by paying monthly?
I'd question the security of someone's lifestyle if pulling £500 out once a year was a deal breaker. I'd also question the sanity of running a car that costs £500 a year to tax, as it's likely all the bills will be bigger, particularly fuel, which is the biggest hit to the pocket.
You genuinely sound like my dad.
Deeg
ClioSport Club Member
Lol.
Your Dad sounds like a wise man.
As I say, I'm not disputing it's something I'd rather not pay, and I'm certainly not suggesting I wouldn't welcome VED being less than it is. IMO though, in the grand scheme of car ownership, it's one of smallest costs, and one of the easiest to manage and mitigate the impact of.
He is and he's got more money in the bank then I'll ever have and it's all from hard work and saving.
Unfortunately, if I have money in the bank I feel a compulsion to spend it.
Surely you loose more than 4k over a 5 years through depreciation, regardless of Warranty + Maintenance but it's worth a try. Figures look good, I'd be happy with that MPG, currently doing 25 in the Clio. Don't really care much for costs though as I haven't got a house/mortgage to worry about so just enjoying it :drunk:
MarkCup
ClioSport Club Member
Correct!
£17,065 purchase price less £4,000 at the end of it = £2,613 depreciation per annum.
Deeg
ClioSport Club Member
Lol.
Just have a look what a 3 / 4 / 5 year old ST is worth on AT, then decide how long you're likely to keep your car for. Subtract the assumed sales price from the purchase price. Hey presto, depreciation. Then just divide that by the ownership period.
So, a 3 year old focus is worth £10K, so you've lost £12K, divide by 3 = £4K per year, or £333 a month.
4 year old Focus is worth £8K, you've lost £14K, or £3500 a year, or £291 a month.
5 year old focus is worth £6K, so you've lost £16K, or £3200 a year or £266 a month.
Obviously all my numbers are assumed.
Deeg
ClioSport Club Member
1 I'm lazy and Cba with maths atm
2 my car is a new model and there aren't even 2 year I'd st's about yet
3 I'm lazy
I believe Mark's is equally new?
You can either base it on current models of ST's, which is a broadly comparable base, or a guess.
If a 5 year old ST with FFSH, 100K miles and 1 owner is currently worth £6K, then it's a fair assumption that in 5 years time, your ST with FFSH, 100K and 1 owner will be worth about £6K.
Obviously again all my numbers are assumed.
You also didn't provide Mark with most of the numbers he needs to work out your sums for you. Length of planned ownership and assumed mileage over that period.
Heez
ClioSport Club Member
Superleggera'd Bean
Average mileage, planned ownership 2 years (sorry Matt
yes marks is equally as new hence I didn't know where he got the figure from
It's generally guess work, just informed by how much 3/4/5 year old cars are that would be in a similar condition/spec when you come to sell.
He doesn't have a crystal ball
MarkCup
ClioSport Club Member
Yep, pure guesswork for me.
I looked at what 5 year old Fiesta STs are going for at the moment...not too many about with 100k miles on (as mine will have when it's that old) but found a few with 70k on...and they were priced £4,500-£5,000.
So baring in mind mine will be one owner with an exemplary history from a fastidious owner, I think to say it'll be worth £4k is a reasonable estimate.
Hoping for more once people come to realise that they're truly worthy of all the press comments, and as Clarkson, Hammond, et al have said they sit alongside the classics...they really are that good.
LOL
I looked at what 5 year old Fiesta STs are going for at the moment...not too many about with 100k miles on (as mine will have when it's that old) but found a few with 70k on...and they were priced £4,500-£5,000.
So baring in mind mine will be one owner with an exemplary history from a fastidious owner, I think to say it'll be worth £4k is a reasonable estimate.
Hoping for more once people come to realise that they're truly worthy of all the press comments, and as Clarkson, Hammond, et al have said they sit alongside the classics...they really are that good.
LOL
clio diesel
Not wanting to piss on your parade, but they have a long way to go before they sit alongside the classic hatches. Lets see if anyone remembers them in 20 years time.
I've a reminder in my phone to update this thread on the 1st August 2033 with the results.
I think the older ST models were 13/14k new? So maybe its worth factoring the depreciation as a percentage of the original value, would be more generous?
I'm really tempted to take one for a test drive, but I'm waiting till next year to get one, and a test drive is surely going to make the wait unbearable.
Too right, looks like a cracking motor! 205 gtis are fun and capable if they are 16v but they can't compare to modern hatchbacks.
MarkCup
ClioSport Club Member
One thing people are going to have to get used to is seeing them absolutely everywhere...
Ford Motor Co. said:
Only a very few select people care about twenty year old hatchbacks. The rest of the world has moved on. No one really cares about old hot hatches except people on car forums stuck in the past. We're not talking about classic sports cars here.
MarkCup
ClioSport Club Member
Maybe it's due to how they're specced in Europe? I'm sure cruise control, keyless entry, parking sensors et al are options that can be specified...so the differentiation between ST1 and ST2 may not be as clear as it is in the UK.
I'm surprised so many go for standard normal Fiesta colours rather than the model specific blue and orange...a mate's been confused as he regularly drives past two on the forecourt of a local dealer but they had no ST badges on the front grilles - he didn't realise they were just Zetec-S models in the flat red and white. They look as good as identical from the front!
Me too, I'm not entirely sure why you wouldn't go ST-2 apart from price, but the discount on a fully spec'd ST-2 drops below list price of the ST-1!
N0ddie
ClioSport Club Member
Tesla Model 3
We seen our first ST at the weekend in the ASDA car park. It was orange like yours Mark and it looked superb. I really liked it but Emma loved it.
She wants me to go and have a look at one now lol (though I still prefer the blue).
The only potential negative is not being able to fit a pram in the boot. In comparison to your old 200, how does the entry width to the boot compare? It looks quite a bit narrower on the ST but as I've not seen one up close I'm not too sure.
She wants me to go and have a look at one now lol (though I still prefer the blue).
The only potential negative is not being able to fit a pram in the boot. In comparison to your old 200, how does the entry width to the boot compare? It looks quite a bit narrower on the ST but as I've not seen one up close I'm not too sure.
MarkCup
ClioSport Club Member
Was it sunny when you saw it? They need sun to bring out the orange!
You'd have to go measure up yourself N0ddie.
I think the Fiesta's boot is similar sized to the my 200 and I think access is similar too...but I've not had to worry about pushchairs so best you try them out for size.
You'd have to go measure up yourself N0ddie.
I think the Fiesta's boot is similar sized to the my 200 and I think access is similar too...but I've not had to worry about pushchairs so best you try them out for size.
Deeg
ClioSport Club Member
I was gonna say it didn't seem a lot.
Obviously I have no idea about production capacities, just seemed low compared to the demand.
Are the lines model specific?
No. All the cars are built with the same production facilities.
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