Conference terri::cars_uk

    Re: 2290.84 & .86

    It surprises me that folks have put quotes in for Daewoos as they
    are basically old style Astras and Cavaliers. Why go for a cheap
    alternative when the lease cost of the latest model Vauxhalls are
    quite reasonable.

    I think the package that Daewoo is offering with free servicing and
    full warranty, breakdown cover etc. for 3 years is very attractive for
    the personal buyer but we get all this anyway in the lease scheme.

    I guess maybe it was hoped that the lease costs would be significantly
    cheaper. I must admit I thought they would be considering the running
    costs are built into the on the road price.

    Royston

    
    isn't the tax hit for a Daewoo significantly less than the equivilent
    current GM car ? The Lease cost on some of the Vauxhalls may be
    attractive, but you've still got to pay the tax !
    
    Graham

    
    re:.274
    
    This is true.  Then again I think I'd rather have the Cavalier with the
    2.0 engine than the equivalent Daewoo - the Cavalier is probably
    cheaper but you pay more tax...
    
    Chris.

    There is also another reason for testing the market i.e. to try and analyse
    whether it may be better to come off the Car scheme. By analysing 
    comparative costs, including the tax issues, one can get a better feel
    for options available. It also helps to assess the possible
    residual values placed by the leasing company on the Daewoo or any
    other perceived 'cheaper' brands. 
    
    Just a thought.
    
    Tim
    

    Whilst we're talking Daewoo, I bet the residual values will plummet
    as only the initial owner benefits from the 3 year warranty and service
    package.
    
    Royston

    re -1
    
    If the warranty & service package can't be transferred, then yes, the
    residuals will fall like lead.
    Sounds to me like a silly marketing blunder like Hoover flights!
    Better that they flood the market with a cheap package and take the
    risk, than put people off buying second-hand.
    
    Anyone any ideas of trade-in offerings if you want to part-exchange
    against a Daewoo?...or don't they do that either??!!
    
    Tim
    

Yes the overall package is impressive, but after 3 years, when you try and 
get rid, will it have the resale value of a 5 minute old Skoda? 

I think you end up locked in to Daewoo, because you can't sell it to 
anyone else except back to Daewoo for another one.

I may be wrong, they may take us by storm like Datsun did in the 70's. I 
doubt it tho', rejuvenating the old Astra and Cavalier is hardly 
innovative. They need a model of their own.

Stuart

    When you say the warranty can't be transferred - do you mean that if I
    bought a Daewoo and sold it after 1 year it wouldn't have the remainder
    of the warranty?
    
    I find this hard to believe as all other makers do this - for example I
    was offered a Toyota with 1 year left of its 3 yr warranty - and I
    thought Daewoo were trying to better the current warranty/servicing
    offerings.
    
    
    Xtine