Early-retirement wannabe

Ray_Singh-Blue

In retirement, I hope not to own a car. My territory will be small but densely packed with interesting people and good things and I will walk, cycle or canoe around it. On special occasions I will seek to be carried aloft by a troupe of ladies who look like Jennifer Aniston only with less clothes.

All of which will cost less than driving a car, and result in considerably happier journeys.

jerrysimon

Another alternative is to just hire a car when you need it for long journeys.

Jerry

robin61

Thrugelmir wrote: »

Times are very different now. A Haynes manual will no longer suffice. Unless you choose to buy a classic.

I was always a pretty poor mechanic. But yeah cars are much more complcated but on the plus side more reliable. But when things do go wrong expensive.

robin61

gadgetmind wrote: »

Most of the depreciation is over the first three years. I go for "flash" cars, but even so our 3yo Audi A8 was just over £17k versus £55k new. Assuming we keep it for 10 years (7 years down) we know depreciation is well sub £2k pa even if worth zero at the end.

Meanwhile, relative who keeps going on about my "flash cars", spends £18k on a new bog mobile, trades it in three years later because "he's been offered a great deal", and enjoys £3k pa depreciation despite being retired.

Yes I agree. I am thinking along similar lines. No way am I buying brand new.

atush

aldershot wrote: »

Dithering buddy here. Mrs pfd has a Clio which is 9 too. I was looking at a big xover type thing but maybe a Golf estate would do the trick? Having not bought a car for so long, it all seems very difficult :eek:

That eas 11 and 15 yr old caars, not 5 lol.

I am going to get a mid size Suv again i think. A smallish one. Thinking a Kia.

mark5

I like to buy new and then keep the car for about 8-10 years.

I very rarely comment in here but enjoy reading the thread, I probably have 20 years left yet at least!

atush

jerrysimon wrote: »

Another alternative is to just hire a car when you need it for long journeys.

Jerry

I would never ever be w/o a car long term. But then again, i live in the country and am american lol.

We will go down from 2 cars to one if we move to town or just outside of town where there is bus service.

edinburgher

Another alternative is to just hire a car when you need it for long journeys.

Chances are if you're in a big town/city, you'll have access to a local car club, could be ideal for infrequent day-to-day trips (not so good for week long trips though).

gadgetmind

robin61 wrote: »

I was always a pretty poor mechanic. But yeah cars are much more complcated but on the plus side more reliable. But when things do go wrong expensive.

Me too, and a lousy chef to boot ... when I was born. Since then, I've picked up a few bits and pieces. You only learn by doing.

westv

Why do something when you can pay someone else to do it for you? Isn't retirement about relaxing? :D