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PCP isn't MSE
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I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
No one has ever become poor by giving1 -
Absolutely.thegentleway said:
I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
Who doesnt want to save cash? Who wants to pay more than they need to on insurance, utilities, household items they want to buy, mortgages or cars?
I've bought new cars in the past, i've used finance in the past, on both occasions i've come here and similar sites to save as much cash as i can when doing so.
Fully aligned to the ethos of the site
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You're looking at it wrongly by the way - noone is saying buying cars saves cash its about how to save cash if you chose to buy a new car.thegentleway said:
I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
Nobody wants to may more than they have to for the item they want, do they?
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You're funny but at the end of the day:motorguy said:
Fully aligned to the ethos of the sitethegentleway said:
I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
The primary ethos of the site is not to buy new cars. That's the MoneySaving way.
Buying new cars with the best deal possible is secondary at best. That's extending MoneySaving phylosophy to unecessary luxuries.
However do feel free to distort MoneySaving to your heart's content and make the site whatever you want it to be.
Why don't we leave it at: we both agree the site is great
If you say so. I don't think you're wrong just because your opinion is different to mine.motorguy said:
You're looking at it wrongly by the way - noone is saying buying cars saves cash its about how to save cash if you chose to buy a new car.thegentleway said:
I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
I disagree. For some people paying over the odds is exactly what it's about (e.g. overpriced champagne in a fancy bar). Or they don't want to look for deals as it's not worth their time. Or they want to pay over the odds for the best service. Pricing things higher than they are worth makes them appear worth more to some people. Etc...motorguy said:
Nobody wants to may more than they have to for the item they want, do they?thegentleway said:
I think they are clearly and literally saying don't buy new cars since that's not how you save money. But they don't end there because they realise people are going to do it anyway in which case they might as well cater to their audience.motorguy said:
They dont say dont do it though and end there though do they? They go on to show you how to do it most cost effectively.thegentleway said:
Even better example: "Buying a new car is anything but MoneySaving" - https://www.moneysavingexpert.com/car-finance/buying-new-car/ but tell me more how I've misinterpreted the ethos of MSEmotorguy said:
You're misinterpreting the ethos of MSE.thegentleway said:PCP isn't MSE just as much as £200 bangers aren't MSE.
PCP is paying for most of the depreciation and £200 bangers you're paying for loads of repairs.
Surely the MSE way is to not buy a car unless you really have to and if you do to buy it at the sweet spot (after most of the depreciation but before the repair bills pile up). There are exceptions where PCP is best or £200 bangers are best.
People do love new cars in the UK; you see a lot more bangers abroad. It's crazy as they are so expensive (presumably due to the high demand). I do wonder why there are such a status symbol. Maybe because the number plates have the reg year? Maybe because hardly anyone garages their car so it's spends a lot of time on the driveway for your neighbours to lust after? In any case it's crazy but I love it as it's great for the second hand market (and presumably the economy!).
Thats the difference between Money Saving and the ethos of MSE.
It's very creative of you to try to distinguish between money saving and the ethos of MSE.Why do you think MoneySaving is capitalised and one word?
It's all about money saving and buying new cars is not how one saves money. They literally have it written down in black and white as the first thing on the car buying page but you're arguing otherwise?
What about "The site's dedicated to cutting your bills" or "all focused on saving cash"? - https://www.moneysavingexpert.com/site/about-the-site/
Not buying new cars saves more cash and cuts your bills so it's more MSE than buying new cars.
No one has ever become poor by giving2 -
PCP isn't only for new cars, to be clear for those who think it is.
My Nissan Leaf was PCP and it was 2 years old.1 -
Indeed but I doubt 2 years is the sweet spot for the Nissan Leaf, I’m guessing more like 6-7 years for the MSE way!BOWFER said:PCP isn't only for new cars, to be clear for those who think it is.
My Nissan Leaf was PCP and it was 2 years old.No one has ever become poor by giving1 -
"For some people paying over the odds is exactly what it's about". - Then this site isnt for those particular individuals.thegentleway said:I disagree. For some people paying over the odds is exactly what it's about (e.g. overpriced champagne in a fancy bar). Or they don't want to look for deals as it's not worth their time. Or they want to pay over the odds for the best service. Pricing things higher than they are worth makes them appear worth more to some people. Etc...
It is however, for people on occasions want the nice things in life, but dont want to pay over the odds for them when they do.
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Take it you have looked how it affects your pension?JamoLew said:Can i throw leasing into the mix
Is that not MSE either ?
Just found out I can get a Polestar for £400 a month which includes everything - insurance,servicing etc
Its through one of those salary sacrifice schemes
4 year deal - sounds great - is it that £19,200 wasted or £400 a month that I CAN afford (btw, I don't have a spare 40k+ sitting around to buy outright)"The Holy Writ of Gloucester Rugby Club demands: first, that the forwards shall win the ball; second, that the forwards shall keep the ball; and third, the backs shall buy the beer." - Doug Ibbotson0 -
It also reduces your/your employer pension contributions irrcannabanana82 said:
If I remember correctly, you work for the NHS? My friend did similar through the NHS and it cost her far more than expected as her tax code changed (the first car she leased with no issues), she got rid of the car about 18 months ago and her tax code still hasn't returned to normal.JamoLew said:Can i throw leasing into the mix
Is that not MSE either ?
Just found out I can get a Polestar for £400 a month which includes everything - insurance,servicing etc
Its through one of those salary sacrifice schemes
4 year deal - sounds great - is it that £19,200 wasted or £400 a month that I CAN afford (btw, I don't have a spare 40k+ sitting around to buy outright)"The Holy Writ of Gloucester Rugby Club demands: first, that the forwards shall win the ball; second, that the forwards shall keep the ball; and third, the backs shall buy the beer." - Doug Ibbotson0 -
As an aside, with the salary sacrifice NHS scheme, a friend of mine audited the local NHS trust and noticed there were a lot of invoices from the car supplier for returns damage.
He actually recognised one of the registrations as a neighbour who kept her cars mint, yet here was a bill for damage.
A call to her revealed she'd not been asked to confirm the damage, which led to more investigations.
Turns out none of the 'owners' were being asked to confirm or deny the damage, the accounts people were just accepting every....single.....invoice, unchallenged.
Talk about wasting money.0
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