Is it too much to ask..........

Ultrasonic

DUTR wrote: »

Naturally it depends on the car being purchased,

The statement of mine that you quoted really does not. It would be a VERY unusual car indeed that didn't work out cheaper bought at one year old vs brand new.

The only way owning a car from new works out cheaper is if by looking after it well you end up having fewer faults over the lifetime of the car than if you'd bought a second hand car and the muppet of a previous owner had somehow made faults more likely. Even then, the faults caused need to be more expensive than the high year one depreciation, which is unlikely.

I'm not saying no one should buy new cars by the way! All I originally said that it is cheaper to drive used cars than buying new cars. This really shouldn't be controversial, it is simple fact. And a relevant fact on MSE. There are plenty of reasons to buy a new car, but saving money simply isn't one of them.

motorguy

Ultrasonic wrote: »

This really shouldn't be controversial, it is simple fact. And a relevant fact on MSE. There are plenty of reasons to buy a new car, but saving money simply isn't one of them.

+1

Well summarised.

motorguy

DUTR wrote: »

It is in plain English, I'm not trying to sell you a concept, I'm just not as tight as you are, and not leaving buying a new car to somebody else all of the time, I've done it once and I'm doing it again (not sure I will manage a 3rd time but who knows I didn't plan to get the 2nd one, just circumstances allowed) .
Have you not noticed the recent 2nd hand car was only kept for 3 years?

can we please stop with the 'i've a GTI on order' and 'just because you're too tight to buy new - i've bought two brand new cars you know' and 'lifes too short not to drive a new car' routine?

Bought lots of new cars thanks.

DUTR

motorguy wrote: »

can we please stop with the 'i've a GTI on order' and 'just because you're too tight to buy new - i've bought two brand new cars you know' and 'lifes too short not to drive a new car' routine?

Bought lots of new cars thanks.

Why is that? It's not a lie, and you only have to look on the VW UK site at a nearly new/ex demo vs a broker price to see what I'm saying on the prices, also I'm not saying that buying a 1 year old car is never 'cheaper' than having brand new (and to the purchaser's spec) but it's not always the case.
Yes this is MSE and saving money is at the heart of many posts, saving money is somewhat a different motive to obtaining the cheapest and compromising all of the time, perhaps that is where our understanding of each other's posts vary .

OddballJamie

Comparing online brokers prices against nearly new manufacturer backed used car prices is hardly a fair comparison.
Brokers have done the negotiation for you, that's why they are good deals, whereas the used cars on the dealers site are pre-negotiation prices.

When I picked my last car, I was originally going to buy a 12 month old one, but a new one crept up at such a good deal I couldn't turn it down.
Glad I did too, three years now and only cost me usual costs and a set of wipers.

BTW Motorguy, cracking list of motors there, got some good taste.

Ultrasonic

kazd wrote: »

I am not sure when he bought whether 0% was on the table but it was when be asked and we were told that a cash discount wasn't an option because that would suggest that interest was already built into the item price and that would be misleading the consumer and illegal

Missed this earlier - the fact that a salesman said that (to justify not giving a discount) does not necessarily mean that it was true. It might be, but I'm not convinced.

DUTR

OddballJamie wrote: »

Comparing online brokers prices against nearly new manufacturer backed used car prices is hardly a fair comparison.
Brokers have done the negotiation for you, that's why they are good deals, whereas the used cars on the dealers site are pre-negotiation prices.

When I picked my last car, I was originally going to buy a 12 month old one, but a new one crept up at such a good deal I couldn't turn it down.
Glad I did too, three years now and only cost me usual costs and a set of wipers.

BTW Motorguy, cracking list of motors there, got some good taste.

How is it not a fair comparison?
The reader wants to purchase a vehicle at a budget , whether it's barnd new or previously owned. BTW some brokers have pre owned cars on their sites too.

As a customer I have freedom of choice to purchase where I choose, the dealers I have visited, anytime I wish to negotiate on the screen price, the sales rep has to run off and check with the sales manager, I can't be bothered with all that malarky, basically they don't want to budge from the screen price new or used.

I remember the service manager asking how come I purchased the vehicle elsewhere, I told him that 5% of nothing is nothing (at the time the dealerships made 5% on new car sales) where as 2% of a sale is something, the mark up on used cars is much greater.

OddballJamie

Ultrasonic wrote: »

Missed this earlier - the fact that a salesman said that (to justify not giving a discount) does not necessarily mean that it was true. It might be, but I'm not convinced.

From the post it sounds like they were buying white goods from Comet. From memory I think their 0% was more of a buy now pay later, hoping you couldn't afford it in six months and have to resort to paying monthly with a ridiculously high APR.

Surprised Comet lasted as long as they did, if you ever asked for advice on a product they just read the information card you were standing next to out loud for you.

Thankfully I didn't buy any of my white goods from a store, everything online with codes and cashback deals, saved a fair bit of cash that way.

OddballJamie

DUTR wrote: »

How is it not a fair comparison?
The reader wants to purchase a vehicle at a budget , whether it's barnd new or previously owned. BTW some brokers have pre owned cars on their sites too.

As a customer I have freedom of choice to purchase where I choose, the dealers I have visited, anytime I wish to negotiate on the screen price, the sales rep has to run off and check with the sales manager, I can't be bothered with all that malarky, basically they don't want to budge from the screen price new or used.

I remember the service manager asking how come I purchased the vehicle elsewhere, I told him that 5% of nothing is nothing (at the time the dealerships made 5% on new car sales) where as 2% of a sale is something, the mark up on used cars is much greater.

It's not fair because you are comparing a negotiated price with a non-negotiated price.

The prices you are seeing on the VW used car site are the screen price, ie the price you can haggle down. The online broker price on the new car is the already haggled price.

For a fair comparison you would need to know the exact sold price of the nearly new car compared to the online brokers new price.

It's similar to people saying I bought a year old Insignia for £15k and saved £14k on new. When they didn't because no one in their right mind pays list for a Vauxhall, they actually saved about half that. In actual fact they didn't really save anything because they bought an older car, they just didn't spend as much.

DUTR

OddballJamie wrote: »

It's not fair because you are comparing a negotiated price with a non-negotiated price.

The prices you are seeing on the VW used car site are the screen price, ie the price you can haggle down. The online broker price on the new car is the already haggled price.

For a fair comparison you would need to know the exact sold price of the nearly new car compared to the online brokers new price.

It's similar to people saying I bought a year old Insignia for £15k and saved £14k on new. When they didn't because no one in their right mind pays list for a Vauxhall, they actually saved about half that. In actual fact they didn't really save anything because they bought an older car, they just didn't spend as much.

Now the last line, I agree with. Around here in the Midlands, the dealerships are reluctant to budge, I contacted a few before going along the broker route and as others have mentioned in this and other threads when you don't want to purchase their credit schemes they don't want to know.