New car Advice

[Mawsley]

£30K car for £19K, most of the depreciation has already been dealt with.

It's the servicing bills I would worry about.

I'm referring to the £19K he was going to spend on a new Volvo...or any sum anybody would part with for a brand new car which will shift 50% of its value as the signature dries on the documents.

 

[Biffa Bacon]

I'm referring to the £19K he was going to spend on a new Volvo...or any sum anybody would part with for a brand new car which will shift 50% of its value as the signature dries on the documents.

I bought a new Toyota Celica and used it for 8 months and only lost £1,800 when trading it a few years ago (less than 10% depreciation on list) but I don't think I'll ever buy new again, 6-18 months old seems a better spread. You'd have to pick something fairly unpopular to lose 50% in the first year.

 

[FoxCovert]

I would definitely buy nearly new, from a car supermarket. Someone i know got a good deal at motorpoint. I bought mine ex rental 1 year old, from a similar place near to where i live. Saves on the initial depreciation. If you do buy new go towards the end of the month when the sales people want to meet their target.

 

[city-faithful]

Get one that does quality doughnuts in industrial units and so on. Ya look mint and pull all the birds, innit.