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3 month old car, part ex?

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Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    LMS94 wrote: »
    Yeah, I've advised her to keep hold of it for another year or so and hopefully, the value will start to level out a little bit with the equity.

    What IS this equity you speak of, you know what she has bought is a deprecating asset?
  • silverwhistle
    silverwhistle Posts: 4,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There certainly seems to be more money around than when I bought my first car as a late starter in the early 80s. Then I got a banger which cost me £30 and some bits for 10 months motoring, and continued in similar vein when it became apparent that my lack of ambition wasn't going to get me a company car!:D

    Joking aside it was a useful experience to have such cars, as was driving the pool cars (ooh look, it's got 5 gears!).

    Personally as I always buy second hand I go with what's available. It used to be my dad's old cars but afterwards it was one being sold in a local bar and the last one from small ads. Touch wood no problems, and it's left me with more money for skiing holidays and indulging my lazy streak.

    But the OP is where they are, so I suggest giving the Aygo more of a chance. In the meantime the suggestion of hiring likely candidates for the next car seems like an excellent idea.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    £30 was incredibly cheap for the early 80s, tbf.


    My first was £325 in 1986, with no MOT, with £250ish for my second (some MOT but not much) in 89. When I was looking for my brother, around 89, we were looking around £4-500, and only finding rubbish on its last legs.


    Bangers have stayed remarkably static.
  • silverwhistle
    silverwhistle Posts: 4,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AdrianC wrote: »
    £30 was incredibly cheap for the early 80s, tbf.
    SNIP
    Bangers have stayed remarkably static.


    It was £100 from a fellow lodger, I needed a car when I bought a house and he helped me with repairs (alternator brushes, wiper motor). Sold it after 10 months for £70 to next door - I think he worked in a breakers.



    It was a sludge coloured rust heap with no radio, etc, but it did the A to B business. For your inflation adjusted amount these days you get a lot more. I always hoped there wouldn't be a pool car available at work as a couple of trips to head office would have paid it off!
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