I have recently brought a Daewoo Nexia Three door wich still looks and runs as good as the day it was madeI have found it very ECONMICAL and comfortable to my mind it is worth every penny spent. [Log in to view email]
I recently purchased a an R reg Nexia. the car still looks new and despite what others may say about poor appearance, mine is in metallic green and when even remotely clean looks like a superb car. I've put some better spoke type wheel trims on which cheered it up a treat. I'm 21, still in the boy racer category and this car performs very well with good acceleration in all gears. For a 1.5 it certianly moves and is a good motorway cruiser. The drive is superb and very comfortable. I've driven the new laguna and the nexia is much more comfortable to drive especially over long distances. Reliability? well I've had it for 5 months and nothing. A bearing on the fly wheel was a little noisey but this was due to the fact the car hadn't been used for a bit. Value? well i picked mine up for £1600!!! a Complete bargain!!! I nearly got an L reg citroen ax, a noddy car!!! for £100 more but when I saw this!!! Aircon, power steering front and rear electric windows, good sized tyres and a very economical engine!!! Seriously if you can pick one of these up for under £2000 with full service history and low miles then you'll be in for a treat.
This is a lovely little car. The mica metallic paintwork is fantastic and despite the car being 7 years old there is no real sign of any rust. The car is loaded with the civilised extra's of todays motoring such as PAS, ABS, tinted windows, Air bags, EW, ESR, Air con, Alloys etc etc.
Excellent reliabilty, quiet + smooth enigne, which when pushed accelerates nicely (16v twin cam 92 bhp)
Regarding the above review re: depreciation, I should add that I bought my car 2 years ago for £3,500 and in that time I have lost approx £1,500 or so in value. My parents VW Golf TDi of same age as my daewoo has lost £2, 000 in same time period.
A good purchase for those ppl who wish to get from a to b in comfort.
This may be a car with an image crisis, a car whose value depreciates not so much down a steep curve but more vertically downwards at ever increasing velocity, a car already terminally past its sell-by date on production. But the logic for buying it still remains as strong as ever. Bearing in mind the car was dead cheap to start with, even if it depreciates to a nominal value, the actually monetary loss still won't be all that great, for instance:
Depreciation of 75% on a 10 grand car - monetary loss £7500 depreciation of 50% on 15 grand car - monetary loss £7500 . It all depends on how you look at the figures.
Bear in mind also that for cars which tend to have the best residuals: A: Purchase prices are high in the first place B: Service costs are even higher C: Full service history is absolutely critical to their value.
For the money, this car represented great value on paper at least. Specification included sunroof, air con, ABS, air-bags, power-steering and a quality RDS radio cassette. And last but not least, an automatic gearbox.
Whilst it may be fully loaded on the option front, it's fairly easy to see why it's so cheap. It's not really anything more than a thinly disguised Astra from a generation or two back. Obviously, with the very low development cost involved, there is no need to claw back massive amounts of R&D money.
Other extras include 3 year warranty, free servicing, a year's insurance and road tax. This makes for hassle free motoring. The owners are also happy to report that Daewoo are nothing short of professional and helpful when servicing time arrives. Something they've not previously been able to say with other, better know brands.
Driving It On first viewing its not that bad looking a car; it really could be a Vauxhall for all you can tell from the outside.
The only surprise when you get into the Daewoo is how well equipped it is, all the little gadgets that define a modern car are on display, i.e. cupholders etc. This is not the Lada for the millennium that many people think.
The seat is set low and is rather soft and the steering wheel is somewhat low rent, but this isn't meant as motorway mile-eater, so I guess most people could live with it. Front and rear seat space is surprisingly generous for this class of car, although the boot is not exactly large.
Handling and ride are much what you would expect from an older Astra. The steering is light but dull. The ride is reasonably smooth but at the expense of cornering sharpness, when it rolls about in the best softly sprung manner. It's a basic understeerer when pushed but its safe if somewhat uninspiring.
The 1500 motor isn't the most powerful unit ever developed and combined with the autobox is this cars biggest problem. Stunted acceleration you can live with and slightly rough changes are bearable. But the engine's lack of torque and roughness at revs has the autobox constantly hunting through its limited range of gears, either giving no-go or frantically redlining with ensuing noise. I'm afraid I'm just not a fan of autoboxes on small engined cars, but if for some reason you really must have it, here it is at reasonable cost.
Ahhh...
The reality of these cars is really in the driving experience, and whether you can live with its limitations. If your not too demanding a driver, and don't want to tie up too much of your hard earned money, then it's a fine runabout, and if most of your driving is around congested areas, the auto box is money well spent despite its limitations.
As a second hand vehicle, they are probably going to be very cheap, well equipped, well looked after servicing-wise, and not too thrashed and abused by their first owner and as such, could be a real bargain.
How they will last long term remains to be seen. Repairs are often handled by Vauxhall and many consumable parts are probably straight General Motors and hence should be reasonably cheap.
So...
If you just want a car to get from A to B, then you really can't go wrong with one of these.
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