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stuckin2up2down

Most People Seem To Buy A Brand New Car These Days

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Sometimes I feel like the only one that hasn't driven a brand new car out of a showroom.

A family friend that retired early from being a postie, has just bought a brand new car that from what I can see cost at least 29k.

He was going on about "what a good deal" he got. I'm sure no one ever walks away from a decent salesman thinking "I got a shti deal".

I wonder how long this can keep going on for.

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Sometimes I feel like the only one that hasn't driven a brand new car out of a showroom.

A family friend that retired early from being a postie, has just bought a brand new car that from what I can see cost at least 29k.

He was going on about "what a good deal" he got. I'm sure no one ever walks away from a decent salesman thinking "I got a shti deal".

I wonder how long this can keep going on for.

Bought? Really? Most cars these days are leased and priced in £ per month.

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bmw_3_series_coupe_37281.jpg

You can drive a hot BMW 3 Series 320i M for only £210 per month.

You can now walk amongst gods.

LINK http://www.buyacar.co.uk/bmw_3_series_coupe/car_320i_m_sport_2dr_19065.jhtml

Most people are idiots.

The cost is:

'Deposit is £1,660, the 1st payment is £266 followed by 47 monthly payments of £266'

You pay ~9K to rent a car for 4 years.

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I changed the car to a sexier one - I didn't want to be associated with the "lesser" gods when I pick up the reduced bargains in the discount supermarkets.

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I am grateful to the people who buy new cars and pay the government lots of tax. They make it possible for the likes of me to buy second hand cars for about what the VAT on them was when they were new. Keep it up boys and girls, us skinflints need you.

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Have a family member who just got a brand new range rover funny part is he struggles to pay his rent on time

Oh yeah and he got one of those "good deals" leasing it for about £500-£600 a month still like most people he is more worried about how he looks to others than actually how he is doing financially

Most people just act as if they doing well in life by getting in debt for stuff to look good

Now some people lease cars via companies etc for work that's normally because it can be better then buying

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Last track day I went on there was a newish M3, AMG Merc, and a F360. They were all so afraid of using them they were getting in the way of MX5s, Pumas etc. Fast on the straights but getting hounded in the corners. Really rather amusing :)

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Most will be rentals which in some cases can make more sense than buying. Certain schemes will include car, insurance, tax, all mechanical breakdown cover, servicing and MOT in the price. Also if you factor in the equivalent depreciation over the term of the agreement, it can work out better depending on your circumstances. Don't you lose a third of the value simply driving a new car from the showroom?!

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Most people are idiots.

The cost is:

'Deposit is £1,660, the 1st payment is £266 followed by 47 monthly payments of £266'

You pay ~9K to rent a car for 4 years.

Madness ,i`m banger`s only don`t give a shit what people thinks ,my new to me new car cost me £450 06 golf gtdi (spares or repair) ,spent a day and half doing the head-gasket at a cost of less than £250 that`s including water pump(cause of the failure) cam belt and head skimmed ,now good for another 5+ years

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Just had a quick look..

You can get a Volvo S60 R Design D4 saloon brand new for <£400 a month all in. All you'd have to worry about is the diesel.

Yes that's approx >£9000 over two years, but when you factor in the £33k list price and the 9k depreciation you'd lose anyway...

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Of course this doesn't beat having something capable but more modest second hand. Yet against buying a new car, in many cases leasing is a no brainer.

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Madness ,i`m banger`s only don`t give a shit what people thinks ,my new to me new car cost me £450 06 golf gtdi (spares or repair) ,spent a day and half doing the head-gasket at a cost of less than £250 that`s including water pump(cause of the failure) cam belt and head skimmed ,now good for another 5+ years

I think it's possibly a hangover from cars of the 70's and 80's, particularly for people who started driving then, it just seems to be ingrained in them that anything over 5 years old is going to be a unreliable rust-bucket.

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I like driving good, comfortable, economical but old cars because either people laugh at me or feel sorry for me.....in that case I feel sorry for them. ;)

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I think it's possibly a hangover from cars of the 70's and 80's, particularly for people who started driving then, it just seems to be ingrained in them that anything over 5 years old is going to be a unreliable rust-bucket.

I think you give them too much credit. Its a status thing.

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I like driving good, comfortable, economical but old cars because either people laugh at me or feel sorry for me.....in that case I feel sorry for them. ;)

All old cars were new cars once ;)

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I bought a new car recently. £12k for a Seat Ibiza 1.0 Eco thing. Very economical and comfy, aircon, DAB radio & Bluetooth functions for music, some more bells and whistles. £100 per month purchase cost over 10 years is hardly breaking the bank. It was to replace a 9 year old Citroen C1 which cost me about £5.5k new. It was a bit basic though but fantastically cheap motoring for 9 years. Never failed an MOT either. Only about £1k maintenance in that time too.

Sometimes buying second hand really doesn't save that much.

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I was listening to the Brother John youtube channel a couple of weeks ago. He used to to plating work before getting undercut by East Europeans. He says there exist massive car parks at various locations in the country where they store perfectly good used cars, in order to create shortage, drive the prices up and make getting a new one more reasonable in comparison. Is there any truth to it?

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I think it's possibly a hangover from cars of the 70's and 80's, particularly for people who started driving then, it just seems to be ingrained in them that anything over 5 years old is going to be a unreliable rust-bucket.

Good point, cars have improved but some people haven't realised quite how much.

My current one has done 120k and everything still works fine, the last one I had up to this mileage was a 1991 Escort that was really struggling. It was to be fair five years older at this point but it was never that solid.

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Mr B got his last from Hertz - a year old - and he rented it for 10 days first to check it out. Rental cost was deducted from the purchase price.

His previous car had over 200k miles on the clock and had hardly ever given any trouble. He'd have kept it longer except that something that needed doing was going to cost a lot more than the car was worth.

Mine was an ex showroom test drive, again about a year old with maybe 2000 miles on the clock.

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