Increasingly these days, car buyers simultaneously discuss the day when they'll get shot of the car, in 2-3 years or whatever, and its expected residual value.
My argument is, "Fine, I accept that my car's depreciating, but I have no intention of selling it in the foreseeable future because I am 100% happy with it." So am I the world's most boring car owner?
Unique? Or just 'old'?
Oz (as was)
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I am going to keep my car as lomg as i can because I like it. Why pay all that depreciation to start agian in 2-3 years time with a car you want to get rid of!
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Why pay all that depreciation to start agian in 2-3 years time with a car you want to get rid of!
So that you can have the latest model. Latest styling, latest performance, latest goodies, latest ....
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L\'escargot.
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>>So am I the world's most boring car owner?
Unique? Or just 'old'?
Could be a mixture,But I find if a car does what I need with very little in the way of problems,I tend to keep untill I get bored or it costs me more than its worth to repair.
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Steve
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Some of us have to change car every 4/5 years if it is funded by a car allowance.. And its good fun talking about what to buy next!!
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I intend to keep my 1994 VW Passat 1.9 TDI Estate (B4) type until it reaches 200,000 miles - it's done 160,000 so far. Why? Just to see if I can. We've got a Golf Mk 3 1.4 the same age and we will probably replace that first although it's much lower mileage. We'd like a Touran next but at the moment they're outside our budget!
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As has been pointed out, the car is the most expensive thing you buy after the house. So if you want to enjoy life, it makes economic sense to have a car you like.
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I would`nt call it the most boring but the most astute.
We all know that depreciation is by far the greatest cost in car ownership and by spreading this loss over the maximum number of years makes sound economic sense, particularly if you enjoy driving your current car.
Although I bought my current car new and intend to keep it for at least 8 years, I will never buy another brand new vehicle as most of the depreciation occurs in the first year.!!!!
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Don't forget, the vast majority of cars in the UK are owned by companies or on lease agreements to staff. So their drivers are only interested in the next step up the restricted choice ladder and what extra toys they can get someone else to pay for.
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If I bought the car of my dreams I'd be in tears if I thought I was going to sell it in 3 years time. My car is over 6 years old, I haven't owned it from new, but I love it. I would love it a lot more if I actually owned it from new.
From my (limited) experience modern cars also tend to be not as good as the old ones. They may have more gimicks, and more pointless features, but they don't seem to be such a good drive. From the reviews I've read the new MX5 doesn't seem to be as good as the new one.
Also a run-in car is going to be better than a brand new one. At 3 years the cars just reaching its peak!
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From the reviews I've read the new MX5 doesn't seem to be as good as the new one.
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Latest styling, latest performance, latest goodies
A surprisingly high level of like minds! and:
- I'm happy with the BMW E46 styling, which is actually still 'current' as far as the Coupé and Convertible are concerned.
- The performance is good enough for me to do the 600 miles from Munich to Calais non-stop in 8 hours last June with no aches and pains whatever.
For the future, could benefit from chipping if I decide there would be no adverse effects (load on drive train?) and, assuming I'm up front with my insurer, he gives a sensible quote.
- The goodies from scratch included sunroof and leather, to which I subsequently retrofitted an excellent Alpine satnav.
I'll struggle on without cup holders.
Oz (as was)
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non-stop in 8 hours
I'd have had to stop for a call of nature though (at my age) agree with the sentiment though, I had to change for tax reasons......Mind you I did a 4 hour blast tonight without stopping.
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