allandwf
Member
- Messages
- 11,033
How many actual people buy a new car though? Most people I know lease these days if the want something new in the drive.Buying new cars is an exercise in losing money
How many actual people buy a new car though? Most people I know lease these days if the want something new in the drive.Buying new cars is an exercise in losing money
But does leasing a car really make it any cheaper, I suspect it just helps manage just how far and how fast your pants are pulled down.How many actual people buy a new car though? Most people I know lease these days if the want something new in the drive.
Yes. new cars are, but trying to maintain an ageing "supercar" like a Maserati - particularly at the wrong point in the ageing cycle, whilst it's still depreciating and where many components are degrading due to use and age related deterioration - is also a way of losing money. So, the market tries to estimate what to pay for such a car to offset the risks, costs of repair, declining parts availability, potential for further devaluation and the hassle ... Hence our question: what's happening to coupe prices(?)Buying new cars is an exercise in losing money
Er...me. Thanks to the US tax code, there are benefits. That said, just sold one of the two we had bought new...the truck, ca. March 2022...and actually recouped every penny except the cost of insurance (and operating, i.e. gas and oil/filter from one change) over that time. However, I think that's my last new car purchase...as I don't want to have to pay a subscription fee to run my windshield wipers. But having two 4200s in the drive does make me keenly interested in this topic (see how I tied it back so as not to upset the pedantic?)...How many actual people buy a new car though? Most people I know lease these days if the want something new in the drive.
Because torque steer is awful, and life's too short to drive boring cars!Why does someone want to spend a £1000 on a suspension part if the car’s only worth £10000.
£2500 on a new clutch replacement, matters made worse as your limited who can do the work and set it up with the need for a specialist tool.
£1000 on replacement heater core work.
On top of that there’s plenty for sale at any time, the styling is a bit bland, some of the colours they came in are bland. Quite often people think my car is a Jaguar of that era, a 2003 Jaguar would probably be worth about £3000.
One day when the flock has been thinned down and they are rarer then they might appreciate in value, imho
Yes, the cost of parts and servicing at reputable independents is very high in relation to market values. And owners like to collect that stamp in the service book to demonstrate that the car has been correctly looked after. In 2 years of ownership I’ve spent around 50% of the market value of the car on maintenance, keeping the car up together. If I’d bought say, a Ferrari 360, at around 5 times the market value of the 3200 I would probably have spent a similar amount on maintenance, but that would be to support a much higher market value and therefore - in my mind - a lot more economically viable.Why does someone want to spend a £1000 on a suspension part if the car’s only worth £10000.
£2500 on a new clutch replacement, matters made worse as your limited who can do the work and set it up with the need for a specialist tool.
£1000 on replacement heater core work.
On top of that there’s plenty for sale at any time, the styling is a bit bland, some of the colours they came in are bland. Quite often people think my car is a Jaguar of that era, a 2003 Jaguar would probably be worth about £3000.
One day when the flock has been thinned down and they are rarer then they might appreciate in value, imho
Interesting for myself both of the 4200's I had over 8 years I looked after myself.Yes, the cost of parts and servicing at reputable independents is very high in relation to market values. And owners like to collect that stamp in the service book to demonstrate that the car has been correctly looked after. In 2 years of ownership I’ve spent around 50% of the market value of the car on maintenance, keeping the car up together. If I’d bought say, a Ferrari 360, at around 5 times the market value of the 3200 I would probably have spent a similar amount on maintenance, but that would be to support a much higher market value and therefore - in my mind - a lot more economically viable.
Yes, Jags have a lot going for them. I really did like my S Type but there were some school boy errors in the engineering; rainwater would find its way into the ignition and cause a misfire. Didn’t spend a lot on it but it did make me feel like a grandad, whereas the Maserati does not! I did consider an XKR before I bought the 3200 but I still think I made the right decision …Interesting for myself both of the 4200's I had over 8 years I looked after myself.
The Ferrari 456 and the 360 I used the Dealer as both had full genuine history.
I was lucky with the V12 mainly as not long before I bought it for £25,000 it had £13,000 expenditure but I knew I couldn't keep it up and kept it for less than a year and got my money back.
On the 360 I had a £6,000 bill that I could afford at the time but my new wife back then gave me lots of grief and the marriage lasted a year.
I'm still proud of all of my Automotive experiences though.
One thing to note reference Jaguar as I run one now is how cheap many of the parts are and so much availability too.
This is a constant debate, if you require a new car.How many actual people buy a new car though? Most people I know lease these days if the want something new in the drive.
Maybe.Surely 0% finance is just a ploy to prop up inflated RRPs that people can’t entertain at market rates(?) …
Exactly PhilOne thing to note reference Jaguar as I run one now is how cheap many of the parts are and so much availability too.
I have alway bought my cars outright, I consider them an expensive risk not an investment, I am rarely disappointed. When they retain value, I count that as a bonus.
Needs some love and attention but it's cheap and low mileage.This car seems like it’s dropping in price each week. I do believe it has a problem.
Auto Trader UK - New and Used Cars For Sale
Find your next car with Auto Trader UK, the official #1 site to buy and sell new and used cars. Over 400,000 cars online. Simple, easy, quick!www.autotrader.co.uk
Definitely not, especially now. The Covid prices are gone. Even old bangers are getting back to being more realistic in price.I find myself wondering if *any* car can be justified solely on a financial basis.
C