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Why do people not "push the boat out" when buying a car?
Liparus
Posts: 4,743 Forum Member
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I am in my mid 20's and drive a recognisable high powered luxury saloon car. It is ten years old and cost me £5000 to buy it. And yet when I go somwhere eg. petrol station, pub car park, I seem to be the envy of everyone else.
This is a common situtation that I see often: Joe Bloggs has a car worth £3000 and he wants to part ex it for a brand new Citroen at say £16000. He has the money in cash so pays the dealer £13000 plus his car and drives off in the new Citroen. Fair enough. But why?
Why not get a second hand Merc, Jag, Audi etc for say £10000 and have the prestidge and presence of such a vehicle. Plus you'd have £6000 left over for fuel, tax, reapairs etc.
Thats pretty much what I did. People surley want the best that their money will buy. But no one gives an admiring glance or a second look to a new Citroen. What do other people think about this?
This is a common situtation that I see often: Joe Bloggs has a car worth £3000 and he wants to part ex it for a brand new Citroen at say £16000. He has the money in cash so pays the dealer £13000 plus his car and drives off in the new Citroen. Fair enough. But why?
Why not get a second hand Merc, Jag, Audi etc for say £10000 and have the prestidge and presence of such a vehicle. Plus you'd have £6000 left over for fuel, tax, reapairs etc.
Thats pretty much what I did. People surley want the best that their money will buy. But no one gives an admiring glance or a second look to a new Citroen. What do other people think about this?
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if you get an unlucky buy, you may find you get some very large repair bills
personally, I would rather have a lower mileage newer car, even if the badge isnt so hot.
I have a 7 year old Mitsubishi Shogun bought new for
£35K , I have a personalised plate so you can't tell how old it is, what would you think of me driving this.
What a d*ckhead, that old scrote should be driving a Morris Minor, could have saved himself a fortune.
Some people get some weird sense of superiority because they spent a lot more money on something that does exactly the same thing
I am a fan also of 4X4's, you unlike me would have had no problems in the recent weather. I would have a 4X4 too if I could afford to run two vehicles, but my insurance costs are still high.
Having said that the best car to buy is one year old as any teething troubles will be sorted and you'll be paying around £10000 for a £16000 car leaving £6000 for running costs etc etc
I can assure you, you are not the envy of everyone. Nor anyone for that matter.
Most people when they buy a car buy a simple machine that drives them from A to B. It doesn't need to be pointlessly high powered either.
I couldn't agree more...
as long as a car is reliable getting me from A to B, safely.... why the hell would I be bothered about whether its a Mercedees, jag, ford, etc...
Im also perfectly happy with cheap clothes, Id never walk around with a tshirt with a big "versarche" or "prada" (or whatever) logo... I'd just feel like a right cock...
Because the kind of boat you are advocating has a financial hole below the waterline?
But I get alot of second looks. And several petrol station attendants ask me "is that yout car, wow." I guess I enjoy the attention. Although sometimes I wonder whether people look or ask because I'm young, maybe some think it's my dads car.
But Joe Bloggs buys his Citroen, as soon as he drives off the court it loses money. Within one year it's only worth half of it's original value. If he bought a second hand Merc say a 2004 E class for £10000 it has already lost it's money and won't lose much more as quickly. Plus I will say again, he will have £6000 left over.
I like the OP's attitude though, common sense.
how about going to a restaurant
steak or a burger?
they both contain the same type of meat, and do the same job, but he will have £6 left over
i'd still go for the steak
What kind of car is it you have?
Thank you. I'm only advocating people having more fun. They spend less on the second hand Jag, Merc and have the enjoyment of driving such a car. It's a double positive in my opinion.
A Jaguar XJ8.
but to other people like me a car can be so much more than just a tool its something which I enjoy I apreciate the engineering and the design and the little quirky touches. I enjoy keeping them clean and well presented. I enjoy going for a drive.
I like to buy older cars to I like the idea that someone else has paid for all the depreciation, obviously buying newer you will hopefully get a warranty, but there is also lots of specialists that look after older higher end cars which can make the costs rather comparable
at the end of the day its just what you like and dont like
I'm not having a go at the way you choose to live your life or the choices you make. If youre happy then great
By the same token I think you are being a bit short sighted if you dont appreciate the reason most people dont push the boat out when buying their car is because, just as youve made youre choices in life, they have choosen to share their lifes with people they love and therefore have different priorities.
You aren't comparing like with like!
If he bought a Citroen the same age as the Merc, he'd have a lot more money left over. Not to mention the differences in fuel costs, road tax and insurance, and repair bills.
I get loads of second looks at my car. I normally carry my Alsation dog in a cage at the rear, he's a handsome boy and is often admired:):)
I just love Clio's and it's all i've ever wanted to drive - and all i have ever driven.
I also enjoy the benefits of cheaper insurance and fuel consumption.
Am i allowed that answer?