How much did you spend on your car

[Deleted User]

My current car cost £2K nearly 2 years ago. My next car will cost even less.

You can get decent old cars these days. Cheap doesn't mean it has to be a scrapper.

Weird_Nev

LandyAndy wrote: »

We have two Mazdas bought new 2 years ago. One for about £20k (with £10k on 0%), one for £11k (£9k on finance). Both finance deals over 3 years. Our intention is to keep both cars for 7-8 years as they are very likely to meet our requirements for at least that period of time (one large estate, one small runabout). Given the long projected ownership period and our requirement for a reliable car for long journeys and MrsLA's work I believe buying new was a reasonable route to take.

cyclonebri1 wrote: »

You should resign from this forum after a post like that.

Err, WHAT?

vikingaero wrote: »

Someone has to buy the new cars so they end up as £xxx bangers for you lot to buy.....

Exactly!

1) Moneysaving isn't about doing everything as cheaply as possible. It's about making sure you're not wasting money on necessities so that you can enjoy spending it on luxuries, IMO! Some people just want the cheapest car possible, others take pride and see the value in spending their hard earned and saved cash on a nice car. It's a personal choice, like all financial decisions.

2) Who are you to judge how another person chooses to spend their cash? There are attractive finance deals available, and if people want/need a new car, then they can be a good way of affording one.

3) If no-one bought 'em new, ther would be no sub £1000 sheds for economically minded petrolheads to buy!

Angelic

Jeff_Bridges_hair wrote: »

Persackerly. Its seems from some people on this thread that buying second hands cars is where its all at. Which is completely wrong of course but some people fail to understand that not every buyer will be as up on cars as they are so they like to feel superior and point out that they can do it so everyone else should.

What does Persackerly mean?

I agree with your post. It's always like his on forums were everyone is a mechanic in their spare time or has an uncle who owns a garage.
I know I couldn't buy a £500 car as i'd be at a loss of what to do next. People should just buy what they can afford , or what they feel comfortable with buying. I know I couldn't buy a car on HP or credit but it works for some.

LandyAndy

cyclonebri1 wrote: »

You should resign from this forum after a post like that.

Choose your own reasons for my answer, bearing in mind all the answers to this thread

I'll go with 'stupidity' then.;)

Buying a new car and keeping it a long time is a sensible option for many people.

Jeff_Bridges_hair

Angelic wrote: »

What does Persackerly mean?

I agree with your post. It's always like his on forums were everyone is a mechanic in their spare time or has an uncle who owns a garage.
I know I couldn't buy a £500 car as i'd be at a loss of what to do next. People should just buy what they can afford , or what they feel comfortable with buying. I know I couldn't buy a car on HP or credit but it works for some.

Its kind of like exactly with something else..


but your right. People on here need to understand that not everyone is a mechanic or knows what they are looking for when buying second hand so most people will come off worse.

And thus people like the security of buying new with the deals you get with servicing and whatever because they dont know what can be done and sites like this dont help in the main.

I have 2 cars - one a company and one my own - both engine bays look like something from a spaceship - so how would i deal with them personally? They would still be in a garage if they went wrong.

Now if i had a runabout like me missus' then yeah - i knwo a little about mechanics then i could have a look as the fiat 500 is still basic but nowt compared to mine.


Trouble is with here - people like to think they are superior as they know what to look for and how to fix your basic 1.3 engine and such - from a 20 year old car - get them on my Range Rover and they wouldnt have a chance.

full of hot air talking rubbish some people at times.

epninety

Jeff_Bridges_hair wrote: »

Trouble is with here - people like to think they are superior as they know what to look for and how to fix your basic 1.3 engine and such - from a 20 year old car - get them on my Range Rover and they wouldnt have a chance.

full of hot air talking rubbish some people at times.

Well the last bit is certainly true. With dealer parts catalogues and workshop manuals available online, fault code readers available at low cost and an enthusiastic owner base, the L322 Rangie is certainly a DIY prospect for the level of repairs that most people will contemplate. The 4.2SC engine has been transplanted into other vehicles by owners, the 5.0SC won't be far behind.

Of course, they might feel that they don't want to risk their expensive vehicle to their meagre skills, and that the spotty herbert at the dealership will be a better bet...

Skulls

I bought my current car Sept 2010 for £3626(ADT) and just used What car's car valuation for model/year/mileage and it's now worth £3260(lowest trade price with mileage inc). I'm happy £326 loss in13 months and the car averages 62mpg on my daily journeys, tax is only £20 Full comp insurance £180 and its only 4 years old now.

worried_jim

Skulls wrote: »

I bought my current car Sept 2010 for £3626(ADT) and just used What car's car valuation for model/year/mileage and it's now worth £3260(lowest trade price with mileage inc). I'm happy £326 loss in13 months and the car averages 62mpg on my daily journeys, tax is only £20 Full comp insurance £180 and its only 4 years old now.

Sounds like a great buy. Did you purposely go for that model or is it just good luck?

What is it?

cyclonebri1

Weird_Nev wrote: »

Err, WHAT?

You are weird Nev and don't have a sense of humour I see. It was a tongue in cheek reply

Re, The emphasis is on money saving on this forum and in this motoring section it's about money saving in respect to buying and running cars?.

Buying a new car does not save money for the 1st owner, it costs them, but it does save money for every owner thereafter, (as rightly pointed out above).

It's pretty simple really, buy new if you wish, but don't dress it up as moneysaving or sound finance, and if finance rather than savings does come into it, well, the money's better spent down the pub. ;) :A:A

LandyAndy

cyclonebri1 wrote: »

You are weird Nev and don't have a sense of humour I see. It was a tongue in cheek reply

Re, The emphasis is on money saving on this forum and in this motoring section it's about money saving in respect to buying and running cars?.

Buying a new car does not save money for the 1st owner, it costs them, but it does save money for every owner thereafter, (as rightly pointed out above).

It's pretty simple really, buy new if you wish, but don't dress it up as moneysaving or sound finance, and if finance rather than savings does come into it, well, the money's better spent down the pub. ;) :A:A

Do you remember AdrianHi?

He had done some detailed analysis of running costs for various cars that he was thinking of buying. He concluded that buying new could be cheaper if you looked at all the numbers rather than blindly parroting 'buying new is a mug's game'.

Also, my wife needs a reliable car. An unreliable car doesn't have to let you down very often at £500 a day to lose you a lot of money, and that's before you factor in loss of client goodwill.

As for using finance to buy a car, or anything else, being wrong; that is just nonsense.