Corsa: the real 5-year cost

The Vauxhall Corsa is Britain's honest answer to expensive motoring: £19,000 to buy and a five-year true cost of just £22,940 — about £382 a month. At 8,000 miles a year, fuel costs roughly £1,026 thanks to 51.4 mpg combined, insurance sits at £552, maintenance at £426 and road tax at £190. Nothing here is glamorous, and nothing needs to be. The Corsa is the car for everyone who has done the maths and realised a supermini does 95% of what a family hatchback does for two-thirds of the money.

Young drivers, second-car households and city commuters: this is your benchmark, and the rest of this page shows exactly why. We have added up five years of fuel, insurance, servicing and tax to give you the honest monthly figure.

Vauxhall Corsa 2024 (clear)

True 5-year cost (after resale)
£23,627
Purchase price£19,995
Fuel (5 yrs)£5,130
Insurance (5 yrs)£2,800
Maintenance (5 yrs)£2,150
Road tax (5 yrs)£950
Minus estimated resale value−£7,398

That is £394/month of real motoring cost.

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Corsas depreciate like all superminis — steadily but not catastrophically, because there is always a queue of buyers wanting cheap-to-run small cars. Buying at a year old saves thousands off the new price. To keep costs rock-bottom, learn basic maintenance yourself (the Corsa is simple to work on), fit sensibly priced tyres from a reputable fitter rather than premium rubber the car does not need, and keep the mileage modest with a fully stamped service book — a full history transforms resale at this price point.

Our verdict: the Corsa will never excite you, but it will never surprise you either. For pure cost-per-mile motoring in the UK, almost nothing beats it. It is transport in its purest form: affordable, dependable and refreshingly free of financial surprises.

Full Vauxhall Corsa review →

Frequently asked questions

What is the 5-year true cost of a Vauxhall Corsa 2024?
Over five years at 8,000 miles a year, a 2024 Vauxhall Corsa costs £22,940 in ownership costs excluding purchase — about £382 per month. That covers fuel (£1,026 a year), insurance (£552), maintenance (£426) and road tax (£190). The car lists at £19,000.
Is the Corsa cheap to insure for young drivers?
Yes — at around £552 a year it sits in a low insurance group, which is why the Corsa is a first-car favourite. Black-box telematics policies can cut that further for careful young drivers, sometimes dramatically. Adding a named experienced driver, where appropriate, can sometimes reduce the quote further.
Should I buy a new or used Corsa?
A one-year-old Corsa typically saves thousands while still feeling new, making it the value sweet spot. Buy new only if you find a strong discount or need an exact specification; otherwise let the first owner absorb the steepest depreciation. Either way, check the service history carefully before committing.

Estimates use average UK depreciation curves. Your mileage, driving style and insurer will move the numbers.