I don't understand, the UK is about to enter a triple dip recession and there's more people than ever buying new cars:
How is it at a time when people are supposed to be struggling with their rent and mortgages that millions can still afford to buy or lease new cars? The depreciation on these new cars must be horrendous for starters.
Never understood the new car thing personally. I'd far rather buy a 3-5 year old car and get something that's much better than I otherwise could have afforded new, at a fraction of the cost. Currently thinking of a 5yr old Audi RS4 Avant next for around 15k. If I bought new, for that price then options would include the terminally dull Hyundai ix20 1.6 CRDi, or perhaps a Fiat Punto 1.3 Multijet.
If you asked someone the same question but in a context relating to girlfriends then it would read something like: Which would you rather have, an ugly virgin who likes to lead a frugal life, books and knitting (cheap new car), or a supermodel with a taste for kinky sex, champagne and fine dining who'd just happened to have had a couple of previous relationships? Life's too short, I know which one I'd choose.
Yes the Hyundai will easily do twice the MPG and cost a lot less to tax, insure and service, but surely the only reason for buying a boring economical car like a Hyundai in the first place is to try and save some money?
In which case why by new? Why not spend 7K on a Hyundai that's 3 years old and then spend the 8k you've just saved on something else entirely different . . . . . . like a supermodel girlfriend perhaps, or the more likely option if you happen to be seen in public driving a Hyundai ix20, a small but expensive Korean prostitute!
Honestly I can't get my head around it, who's buying these things?