Would you buy a new car?

Pipz

I'm considering buying a new car outright and wondered what members thought of this practice?

As far as I gather:

Pros:
3 Year Warranty.
3 Year MOT exemption.
Creating a vehicle exactly to my spec (Can't seem to find any used versions with everything I'd like).

Cons:
Depreciation.
It's new so every little scratch hurts that little bit more.
Depreciation.

All thoughts welcome, particularly open to methods of purchase that may save money

111KAB

Buy used for reasons given ....

Pipz wrote: »

Pros:
3 Year Warranty - buy one that is only 1 month old you will still have 35 months left
3 Year MOT exemption - any car if looked after should pass its first/seconfd MOT anyway.
Creating a vehicle exactly to my spec (Can't seem to find any used versions with everything I'd like) - most I have seen are OVER specified.

Cons:
Depreciation - see you have mentioned it twice so maybe you do worry about this!
It's new so every little scratch hurts that little bit more - buy a 2nd hand one without scratches and if it does get scratched you have the money left to sort.
Depreciation.

chucknorris

Pipz wrote: »

I'm considering buying a new car outright and wondered what members thought of this practice?

As far as I gather:

Pros:
3 Year Warranty.
3 Year MOT exemption.
Creating a vehicle exactly to my spec (Can't seem to find any used versions with everything I'd like).

Cons:
Depreciation.
It's new so every little scratch hurts that little bit more.
Depreciation.

All thoughts welcome, particularly open to methods of purchase that may save money

I usually buy a car from 6 months to 12 months old from a car supermarket, they are heavily discounted from the new price and you still get most of the warranty and MOT period.

My current car is a Zafira 1.8, I bought it when it was 8 months old for £8,699 almost 4.5 years ago.

worried_jim

flashg67

I do like a new car but have found they're not new for long! Had mine not much over a year but we've had 2 (soon to be 3) plate changes since then.

Love the new car smell too!

Pipz

Cheers for the input all.

It's definitely a head vs heart decision here, ideally I don't want to have to compromise on specification, but I appreciate I'll be paying out the nose for following my heart.

gingeralan

Pipz wrote: »

Cheers for the input all.

It's definitely a head vs heart decision here, ideally I don't want to have to compromise on specification, but I appreciate I'll be paying out the nose for following my heart.

Even if it's only one in your life, off you can afford to buy new, do it! It's a nice feeling to be the first person to take it out on the road. I know it doesn't make sense financially, but if you like your cars and can afford it (essential) it's great.

skivenov

The only thing that would make me buy a brand new vehicle is if I wanted one exactly to my specification. I'm not flashy enough to pay thosuands more than I need to just to have a certain pattern cloth on the seats though.

What I would buy however is a pre-registerred, something that's been sat on a forecourt since it was registerred and is probably on the last reg. There's some very nice savings to be made there if there's something you fancy.

chucknorris wrote: »

I usually buy a car from 6 months to 12 months old from a car supermarket, they are heavily discounted from the new price and you still get most of the warranty and MOT period.

My current car is a Zafira 1.8, I bought it when it was 8 months old for £8,699 almost 4.5 years ago.

Careful.....

Who buys a car and runs it round for a few months then sells it?

Hire companies! And we all know the fastest most robust car on the road's a hire car, that's why you can drive them flat out all the time and bump up and down kerbs like they're not there. :rotfl:

Doesn't really matter if you're just keeping it for it's warranty period though.

opinions4u

I buy new.

But it's not because it's a financially savvy approach.

It's my one and only occasional treat to myself! The family spend the rest!

DUTR

Pipz wrote: »

I'm considering buying a new car outright and wondered what members thought of this practice?

As far as I gather:

Pros:
3 Year Warranty.
3 Year MOT exemption.
Creating a vehicle exactly to my spec (Can't seem to find any used versions with everything I'd like).

Cons:
Depreciation.
It's new so every little scratch hurts that little bit more.
Depreciation.

All thoughts welcome, particularly open to methods of purchase that may save money

If you are creating a car to your spec, then hopefully you won't be changing it too soon, hence depreciation does not come into it, my current car I had from new, and yes there was all the negative comments on depreciation etc, right now the car I would like is not available to the spec I would like, so I will continue to save until the next generation model is launched and buy brand new again, like you say, treat yourself every now and then. What sort of car are you considering? Have you considered brokers? You often can get a new car for dealer used prices.

Tobster86

I buy cars that are at least 12 years old.

-They're cheap to buy.
-They're easy to fix.
-They're better built, simpler and more reliable than modern cars.
-They still have ABS, air con and a few toys.
-Some of them run on vegetable oil.

I could afford a new car, but just don't want one.