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Is a car worth 80k?

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Comments

  • rev_henry
    rev_henry Posts: 4,965 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    goodgirl80 wrote: »
    If I have 5million pounds, I've already got a car that works and I'm happy with. I don't need another one.
    I'd keep it as a runaround and buy a 'nice' car (or 5). :p
  • vaio
    vaio Posts: 12,287 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    rev_henry wrote: »
    So true. I never understand why people would spend £10k on a brand new fiesta when they could have a 5 year old BMW (well, just anything good and nice, rather than a boring old fiesta) for the same money.

    Yep, that’s the logic I apply too.

    Last time I was car shopping with (£7.5k to spend) the options were 2 year old Vectra or Mondeo or 5 year old Audi S4 (depreciated down from £40k+ to £7.5k in 5 years!!)

    As for the OP, I don’t think I could physically hand over £80k+ for something that didn’t have walls & a roof, my fingers would be clenched around the money and car salesman would struggle to prise them open.
  • Lum
    Lum Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    For some people, presumably including the OP, a car is just a tool. I have a car like this, a company provided Mondeo, it gets washed twice a year at the £4 Tesco value car wash, I put diesel in it and take it for a service when the light comes on. It's boring to drive but it does the job. It's basically a mobile dishwasher.

    My personal car, people said I was mad spending 4.5 grand importing a 16yr old car from Japan, but I love driving it, it's fun and puts a grin on my face, I've gradually been upgrading it, spent the best part of £200 getting the paintwork restored to near new condition and when it gets washed I pay a bloke £35 to do it properly so that it stays looking new.

    One is a tool, the other is my hobby, the money spent reflects that.
  • s_b
    s_b Posts: 4,464 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I gave mine away on freecycle because i saw it was killing the planet:(
    had to give a full tank of petrol with it too because there were no takers the first week:mad:
  • goodgirl80
    goodgirl80 Posts: 814 Forumite
    No I do love my car
  • LittleMissAspie
    LittleMissAspie Posts: 2,130 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's all about what is most important to you. If I was a millionaire I would not spend 80k on a brand new car. But I would spend 80k rebuilding my own car from scratch, getting fancy modern parts and a custom engine.

    If I was a millionaire I would buy my dream house (thatched cottage), create my dream car (the one I've already got but rebuilt), and go on fantastic holidays to every corner of the world. I'd switch to totally organic food and probably get a personal trainer for a while to make me get fit.

    But I wouldn't buy designer clothes, eat in expensive restaurants, have a swimming pool, spend £100 on a haircut. Those things aren't important to me so they're a waste of money however much money I've got.
  • fadetogrey
    fadetogrey Posts: 1,648 Forumite
    Probably the best 80K i ever spent if im honest. I love my RR and whilst the price of fuel is stupidly high I use it mainly on weekends. But I love it!!

    Thing I always wondered about expensive car showrooms for RR BMW etc.How do they keep such showrooms and make money? I mean realistically in RRs case how many customers come in even in a week and buy a new car? and im sure even if they are wealthy if they splash out on a new roller this week they are not coming back this year at least so how do they make money? and by the way I admire your taste in cars but if I had the money it would be a lexus 430 in metallic gold.now wheres that lottery ticket?:beer::beer:
    counting down the time I got left.:beer::beer:
  • goodgirl80
    goodgirl80 Posts: 814 Forumite
    fadetogrey wrote: »
    Thing I always wondered about expensive car showrooms for RR BMW etc.How do they keep such showrooms and make money? I mean realistically in RRs case how many customers come in even in a week and buy a new car? and im sure even if they are wealthy if they splash out on a new roller this week they are not coming back this year at least so how do they make money? and by the way I admire your taste in cars but if I had the money it would be a lexus 430 in metallic gold.now wheres that lottery ticket?:beer::beer:

    The slime who sell these cars much be rubbing their hands together and laughing when they do get someone in. So I wouldn't worry
  • rev_henry
    rev_henry Posts: 4,965 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    fadetogrey wrote: »
    Thing I always wondered about expensive car showrooms for RR BMW etc.How do they keep such showrooms and make money? I mean realistically in RRs case how many customers come in even in a week and buy a new car? and im sure even if they are wealthy if they splash out on a new roller this week they are not coming back this year at least so how do they make money? and by the way I admire your taste in cars but if I had the money it would be a lexus 430 in metallic gold.now wheres that lottery ticket?:beer::beer:

    ...SNORE... :p
  • Lirin
    Lirin Posts: 2,525 Forumite
    I suppose it's the perception of things. If I won millions tomorrow, I'd still struggle spending that on a car. Ask again in a year- it might seem like small change then.
    IN reality, though, I have never spent above 2k on cars- some have been workhorses, others I've bought for performance or looks..... I think looking for a good deal on a car is fairly ingrained by now! I know my current cars are prob near the bottom of the popular list- but they look good to me, run amazingly and are cheap to maintain as everything's pretty much bolt on bolt off.
    (I do have a list of cars I'd love to drive, if I couldn't own.... that's fairly extensive, but I'm managing to work my way through the list!)
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