PCP isn't MSE

motorguy

epthree said:

Herzlos said:

fred246 said:

Herzlos said:

fred246 said:

For me it's not the PCP it's buying a new car every 3 years. What other item do you do that with? House? washing machine, TV? You are buying a highly depreciating asset whose depreciation is inversely proportional to it's age. Just when the depreciation is levelling out you swap it for another one with the highest depreciation possible. Crazy.

Always in warranty, doesn't need an MOT and nothing should need replacing.
If you view cars as a service and can afford it then it's fine.

It's a MASSIVE waste of money. That is the whole point of the thread.

This thread has no point. It's someone complaining about people having shiny things.

By the logic of OP everything that isn't essential to continue living and breathing aren't MSE (maybe buying food is not MSE too), therefore we should skip discussion of how to get the best deals on any of the finer things in life, despite ironically, owning a superbike.

I'm sorry @dipsomaniac but your point doesn't really seem to be about PCP (which can be a way to save money in some circumstances) but more about buying new cars in general, which I am sure is very easy to be envious of when you are behind the wheel of a 25-year-old Ford Galaxy.

If you had titled the thread "PCP isn't a good deal in lots of cases, despite being very popular" maybe the discussion would have been better received.

Yup.  Life isnt about eking out a life, its about finding the balance to enjoy life.

Those who do seem to want / have to live the pauper lifestyle on here never seem that happy with their lot, which surprises me, given they - presumably - then want people to do the same and be as (un)happy as they are?

Grumpy_chap

motorguy said:

dipsomaniac said:

was enjoying a pint the other day in a pub garden on a busy roundabout.  must have seen 70% of all makes of current car in that hour and have come to the conclusion that there are 4 types of car - small ones, medium ones, large ones and those that 99.9% of us can't afford.

Who are you defining as the "us" there?

Just because you cant, doesnt mean others cant.

What sort of pub has a garden on a busy roundabout?

That "us" must mean the entire population.  About 60 million in UK.  So, the car that 99.9% cannot afford is one that can be afforded by only 0.1%.  Are there cars that only around 60k people in UK can afford?  Possibly McLaren, Rolls Royce, E-Type Jag.  Bearing in mind it is not just purchase price, but running costs also.  The idea that there are cars 99.9% of us cannot afford may be plausible.

BOWFER

dipsomaniac said:

Wonder what the stats are for new cars going back to the garage for repairs in the first year? Saw a new roller being hoisted onto breakdown truck recently. Also my neighbour was without his brand new Merc for 6 weeks while they tried to fix the daytime running lights

You don't know the Rolls was broken, could have been getting repossesed (!) or just transported to the dealer because the owner is a lazy git
And letting a garage keep your car for 6 weeks for broken DRLs is just stupid, just use it until the new lights are received.
DRLs aren't even an MOT failure.

dipsomaniac

Can i just just say that cars are not my life.  i am more than happy driving a £200 car. imo grumpy chap, bowfer and motorguy are trying far too hard to justify their cause

dipsomaniac

BOWFER said:

dipsomaniac said:

Wonder what the stats are for new cars going back to the garage for repairs in the first year? Saw a new roller being hoisted onto breakdown truck recently. Also my neighbour was without his brand new Merc for 6 weeks while they tried to fix the daytime running lights

You don't know the Rolls was broken, could have been getting repossesed (!) or just transported to the dealer because the owner is a lazy git
And letting a garage keep your car for 6 weeks for broken DRLs is just stupid, just use it until the new lights are received.
DRLs aren't even an MOT failure.

haha. yes hadn't thought that the roller was being repossesed on the side of the M5. what has MOT failure got to do with it? you spend £50k on a car and you want daytime lights to work

dipsomaniac

Can we make Jenni D happy by agreeing that buying a new car every 3 years from new is NOT MSE????

motorguy

Grumpy_chap said:

motorguy said:

dipsomaniac said:

was enjoying a pint the other day in a pub garden on a busy roundabout.  must have seen 70% of all makes of current car in that hour and have come to the conclusion that there are 4 types of car - small ones, medium ones, large ones and those that 99.9% of us can't afford.

Who are you defining as the "us" there?

Just because you cant, doesnt mean others cant.

What sort of pub has a garden on a busy roundabout?

That "us" must mean the entire population.  About 60 million in UK.  So, the car that 99.9% cannot afford is one that can be afforded by only 0.1%.  Are there cars that only around 60k people in UK can afford?  Possibly McLaren, Rolls Royce, E-Type Jag.  Bearing in mind it is not just purchase price, but running costs also.  The idea that there are cars 99.9% of us cannot afford may be plausible.

Yeah that would make me dizzy.

Must have been an amazing site all those McLaren, Rolls Royce, E-Types all parading past.

motorguy

BOWFER said:

dipsomaniac said:

Wonder what the stats are for new cars going back to the garage for repairs in the first year? Saw a new roller being hoisted onto breakdown truck recently. Also my neighbour was without his brand new Merc for 6 weeks while they tried to fix the daytime running lights

You don't know the Rolls was broken, could have been getting repossesed (!) or just transported to the dealer because the owner is a lazy git
And letting a garage keep your car for 6 weeks for broken DRLs is just stupid, just use it until the new lights are received.
DRLs aren't even an MOT failure.

Indeed.

Theres many high end manufacturers come and pick your car up on a covered low loader for servicing, warranty work, recalls etc.  Perhaps it was his chauffeurs day off?

dipsomaniac

buying a new car every 3 years from new is what this thread is all about and is NOT MSE.  motorguy, bowfer, grumpy_chap why are you trying to muddy the waters?

motorguy

dipsomaniac said:

Can i just just say that cars are not my life.  i am more than happy driving a £200 car. imo grumpy chap, bowfer and motorguy are trying far too hard to justify their cause

You do know i dont have a car on PCP right?  Havent for maybe 10 years.  And even then it was offset against a company car allowance.

So there is no "their cause" for me other than championing the right of everyone to drive what they want without being judged by others as to whether or not they can afford it.

Some of the cars i look back most fondly of have been the cheapest i've owned.  I'd a Fiat Marea that cost me £90 and i did 400 miles a week in it for 9 months until the mot ran out and it wasnt going to pass with a rotten floorpan.  I genuinely couldnt afford / justify anything better at that time.  BUT, didnt make me bitter or resentful or judgemental of others who drove a better car than me

Pic of it for posterity.

https://i.imgur.com/2XPHgrR.jpg