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@Dammit
I may well be wrong on this- but these are all (well) pre-2003, when the emissions based tax came in, so I think that it should be the standard road tax/VED.
Insurance wise because I have no no-claims bonus the 250 BHP 2.3 Litre turbocharged Volvo is around £50 a year more than a 64 BHP 1.2 litre Clio, which I admit makes no sense, but there you are.
Petrol- yep, it's going to drink a lot, but the car itself is (hopefully) going to be so cheap that it will offset that.