Buy a used car
Buy a new car
Buy a bike
Sell a bike
Buy a van
Sell a van
Buy a caravan or motorhome
Sell a caravan
Get cars straight to your inbox
Your cars alert has been created.
Fuel type Petrol
Engine size Unknown
Daewoo's bargain basement, no-frills approach to car manufacturing may have enabled it to get a toehold in the UK market, but such a strategy isn't a viable way to maximise profits in the car industry. Building added value into a product and charging a little more for it is a far better business model and it's one that Daewoo had to pursue, encumbered as they were by a brand name that still smacked of lowest common denominator motoring. The Kalos was their first offering in the supermini sector that could sell without price being the overriding factor and it was good enough to put a lick on quite a few more mainstream names. Tracking down a used example shouldn't be too difficult and nor should it prove a big risk.
As long as you know that your used Daewoo Kalos is never going to set neighbourhood curtains twitching in envy, it will make a dependable buy. Other rivals may have more flair, cleverer tricks up their sleeves and more seductive styling, but the Kalos is going to leave a smaller dent in your disposable income reserves. That'll be more than enough to swing the balance for many cash-strapped families.
Borrowing £7,500 on a Hire Purchase agreement over 48 months, a representative APR of 18.5% and a deposit of £0.00,
the amount repayable would be £216.89 a month, with a total cost of credit of £2,910.72 and a total amount
payable of £10,410.72.
© 2020 Exchange Enterprises, Newsquest Media Group. All rights reserved.