Volvo V50: Buying six months old

The V50 will be returning to Volvo HQ in a matter of days, so it has got me thinking about how much the car might have cost to own in the last six months.

It was actually registered late in 2008 and I took delivery of it early in February with just about 1,000 miles on the clock.

Extras fitted to our test car include satellite navigation, winter pack (heated front seats, headlamp wash) with adaptive bi-xenon headlights, rear parking sensors, sic-CD changer, metallic paint and Volvo's blindspot warning system (BLIS).

It took the on-the-road price of the car to about £27,000, but it's likely that a buyer would have been able to negotiate a modest discount.

Our August valuations would put the V50, including adjustment for the options fitted, at a part exchange value of £17,120, and selling privately at £18,095.

While it would be unusual for a private seller to try to offload a car bought new after just six months, it's a good indictor of how much people might be able to save if they decided to look for an ex-demonstrator sold under Volvo's Approved Used scheme.

Choosing one at six months old and with a few thousand miles on the clock - even with the items fitted as options - could save customers more than £7000 compared with buying new.

Current mileage: 8972

Average mpg: 46.2mpg