Traded in an Audi A6 3.0 TDI Quattro due to being made redundant and being accepted into University for the next years. Decided to go for the StreetKa, as it's very practical for my student needs and I will not be doing anywhere near the miles that I did in the Audi (was doing around 1200 - 1500 miles per week in the A6... will be doing at most 400 - 500 miles per week now).
It all boiled down to costs; the A6 was becoming an expensive town car.
I was initially very worried about the StreetKa and fuel economy after a number of reviews saying it was terrible. However, I have been very pleasantly surprised by a fuel economy of around 270 - 300 miles per tank, which is roughly between 27 - 30mpg, which for a 10 gallon tank I think is very good... the Audi had a a fuel tank at least twice the size, so cost twice as much for only a fraction more miles... so already this little car has saved me a lot of money in running costs.
Insurance is very cheap, OK, it's a group 7, but I was receiving more expensive quotes for Fiestas!
Being a convertible, it has that added element of fun in that the roof can go down... it's a manual roof, but takes less than 20 seconds to fold down or up.
The leather interior and heated seats help make this car feel very comfortable to drive and be in.
Parking is no issue, as the StreetKa is very small and extremely easy to park.
It seems that the StreetKa is generally considered to be a "woman's car", but I am a man and very proud to drive this car (and just to note, I'm also very comfortable with my sexuality!), however, admittedly, my partner loves this car and she keeps saying she wants it... which leads me onto another point that the resale value of the StreetKa is good, as they will generally hold their value, as apparently, they are sought after cars.
The car is a looker, and will attract attention, so I will say to any men considering it, ensure you don't mind attention and the occasional jibe about driving a more "feminine" car.
Source: http://www.carsurvey.org/reviews/ford/streetka/2003/
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