Insurance is a big problem, they are very easy to sell (usually), parts are very cheap, if some drunk kicks my mirror off I can get a brand new replacement for £15, they are very very popular cars here because they are so cheap to run. I also feel I know what I am looking for with them, I would not have a clue with say an old Saab. They are also one of the few 3 star NCAP superminis of the time, come standard with airbag, seat belt pretensioners, side impact bars etc. They have good ride quality too, none of that choppyness you get in a Punto etc. And before you ask I have tried insurance quotes on all sorts, and the smaller it is the cheaper it is, for me it does relate directly to insurance groups. £500 for a car like that with 12 months MOT, full service history, 1 owner would have been a bargain, all I would have had to is touch up the rust and a year time sell it on for £500. The wheel arches do rust but once they start it tends to take another 2-3 years before it becomes terminal/MOT problem and a £500 is never going to be a long term proposition unless you're mad enough to buy a Toyota Camry. A car tax is also an issue, at this age any car under 1.6 is cheaper to tax. I recently serviced my dads car for £30, I got my machanic do change the head lamp bulb and do an oil change (too messy to be bothered with and he gets the oil half price and charges us cost). I just did the air filter which cost a fiver, ok not a proper service but all the brakes etc have been done the MOT, and the tyres are all good so thats all it needed. Remember all I am likely to be doing is driving to PCWORLD (1.5 miles away), driving to a train station (4 miles away), and doing a lot of picking up in my local area. I will rarely exceed 40mph and for this sort of work a small car like the Fiesta just fits the bill perfectly, the MK4 didn't get 5/5 in the press back in the 90's for nothing.