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Driving in Europe - should I take an old car?
Two years ago I bought a new Mercedes-Benz S350L, which I cherish. Problem is when I leave it in public car parks etc. I worry about dings and scratches from other drivers. I am going on a driving holiday to France and Italy and have been wondering whether to buy something like an old BMW 3 Series touring in the hope that I could sell it on my return without losing too much money. Would this make sense?
Asked on 18 August 2014 by Michael Johnstone
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No, because you will need to service the car properly before the journey, in particular the cooling system, then, when you get back, the trade will be filling up with part-exchanges and de-fleetings which they can't shift prior to Christmas, so values will be down.
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