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March 1st delivers for 2015
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You'd have probably got more luxury through buying a nearly new/ex demo car with a higher spec for similar money. I will never understand why anyone would buy a brand new vehicle.
we need people like OP to keep the car manufacturers in business so they can keep supply parts to older cars so relax peeps.0 -
What car did you get for under £6k new? I'm looking to get a small car for driving to work in, and that price seems pretty good.
Its a PCP deal, some posters on here were saying leasing is cheaper, but I couldn't find a lease anywhere near, so I was asking if they could. If I want the car after the 3 years I get to pay £4500 or so, which I doubt I will be who knows what the future will bring.
http://www.trustgroupuk.com/skoda/offer/the-trust-skoda-big-4 will give you a new car for 3 years for about £4000.0 -
jealous is not really the right word. Not understanding that there are people out there who don't struggle with money is probably a more accurate description - but there isn't really a nice single word to describe that person.0
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Which car is this? (And what does 'effectively' mean? ;-) )
I'm slowly coming round to the idea that my next car might be a new one, as long as the right deal comes around.
My current 13 year old car has cost me close to that per month in ongoing maintenance! When you add tax, MoT, servicing, 'consumables' (4 tyres, cam belt, discs and pads...) to the inevitable 'out of the blue' costs, it's cost me £2400 in two years. On top of the £1500 cost.
Even if I get away with just routine servicing over the next year, I'll have paid £77/ month in ongoing costs over 3 years. Maybe I've been unlucky (or overspent on maintenance) but the price difference in going for a new car seems quite attractive.
I agree. I think unless you have a proper budget it's easy to forget how much older cars can potentially cost in maintenance/repairs when you break it down to a monthly figure then weigh that up against a new or nearly new car's monthly figure (the cash price depreciated over the term you'll keep it). Of course if you are paying interest on finance or a loan then this will need to be factored in too.
With a newer car you may benefit from reduced tax (or no tax), better fuel efficiency and free servicing (if you negotiated for it), not having to take holiday days for repairs, a car you can rely on etc.
Also all the bleating about depreciation is completely moot if you don't plan to sell the car.0
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