Buying a new Fiat Panda

My 08 Peugeot 207 SW sport, at 25000 miles is getting a bit long in the tooth now and really needs new brakes all round. I've been offered £5250 for it against a new 1.2 Panda (with alloys, aircon, power steering) priced at £7874. The part-ex price looks good to me, as does the new car price (I am aware the model up-date is due in 2012). Am I missing something here?

Asked on 29 December 2011 by griffo5

Answered by Honest John
Completely new, slightly bigger Panda coming in 2012. Trade book for a 207 1.6 Sport with 41k miles is £5,450, so though the Panda seems cheap and your 207 needs brakes you aren't doing all that well out of the deal.

Honest John recommends carwow – find and buy your perfect car, in just a few clicks

Similar questions
Our 05 Galaxy tdi auto with 98k on the clock had an argument with the central reservation of the M1 in the snow. The insurance company has declared it a Cat D and offered us £4400 after deduction of excess...
I am buying a Polo 2006 (56 reg) 1.2 E 64bhp 66500 miles from an independent dealer. How much it should cost and is it a belt or chain driven cam? Dealer claims it to be a chain.
A friend has offered us first refusal on their 2003 Mitsubishi Shogun SWB Equipe 3.2 Diesel with just 15k miles on the clock. It is obviously a very low mileage for the year however this is because it's...
Related models
Compact and practical. Enjoyable and easy to drive. Narrow size makes it easy to park. Good space for those in the back.
New Panda has a softer shape and less boxy look. 1.2-litre or TwinAir engines. More upmarket interior. Good headroom. Softer suspension than previous Panda.
 

Ask Honest John

Value my car