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buy new or contract hire

russ_p
russ_p Posts: 8 Forumite
in Motoring
its still an unanswered question, is it best to buy a new vehicle or to contract hire a vehicle, with all the comparison sites about no one has yet decided the best money saving way of owning a vehicle, helppppppp.

Comments

  • balsingh
    balsingh Posts: 1,501 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Everyone has their own opinion on this one. It also depends on which car you're intested in as depreciation plays a major part. I woudl never buy new but would consider contract hire as they often have maintenance contracts included.

    Personally, the best money saving method is to buy a 3 year old car after its taken a drop in value and had its first MOT.
    If you found my comment helpful, please click the 'Thanks' button below :T
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