Costs Explained

The table below shows an affordability comparison between a brand new car with Intelligent Marmalade and a car that is 5 years old with traditional insurance.

You would need to find over £4,500 more in the first year and if insurance is cheaper in the first year, it will be cheaper later on. Now who says they cannot afford a new car, should really be saying "I cannot afford not to get a new car".

Payments for the First Year	5 Year Old Corsa SXi Cost - £5,000	Brand New Corsa SXi 3dr (AC) including metallic paint
Deposit	£900	£1,500
Insurance deposit	£600	Not Required
Insurance premiums inc. interest	£5,160 (including interest)	(£2,207 paid from cashback)
Repairs/MOT/Road fund licence	£500 (typical estimate)	Nil - 18 month service period plus unlimited warranty
Finance repayments	£1,050	£1,775 net of cash back ^**
Total payments year 1	£8,210	£3,275

**Cash back of £3,558 less insurance premium of £2,207 - surplus deducted from monthly payments of £284.16 (11 payments in first year as repayments commence 1 month after purchase).