most 1-2yr old cars can and do lose a large chunk

Have you looked at the price on nearly new cars recently? It’s laughable.

I was talking with my brother about this at the weekend and he found a brand new car via a car supermarket for a few hundred less than a one year old car on a dealer forecourt (identical spec). Agreed you can negotiate a bit, but then it’s still one year old…

via a car supermarket

Could it be they also specialise in finance for bad credit so they ramp up the screen price??

I thought about this, but in the end it’s only worth it if you want a brand new car and are going to change it after 3 years.

In a few months I’ll be free of car payments – and the cars are still just as nice to drive as they were when I got them.

I reckon going after flashy new cars is a mug’s game, like expensive wine (or bikes). We get caught up in the ooh niceness of it all and the massive costs get normalised but really it’s a hell of a lot of money to get to work and back whilst smelling a particular smell. We’re just conditioned to lust after it.

Could it be they also specialise in finance for bad credit so they ramp up the screen price??

Not that sort (ie, not CarCraft), I mean one of the brokers really. I misled you by saying supermarket.

I agree john. I have been lookign about , financially it made more sense to buy a brand new transit custom than a 1 year old one – was about 2k in it before vat over a new one. …..

There are not any older about but if i go to a 3 year old mk7 with 30k on the clock i save 15 grand in the spec i want from a dealer !!! Over a comparible new mk7

Which makes more financial sense there? …( presuming you can sniff out a dog)

Then the insurance/tax ( )/breakdown/servicing/tyres blah blah.

The lease deal will work out more but there’s the peace of mind / less aggro side of car ownership on the plus side.

You have to pay insurance on a lease car though. Including Servicing/tyres into the lease ramps up the monthly figure- in the case of that Fiesta it went from 200 to 238 a month. Tyres tend to last 20,000miles anyway. On the tax- the Fiesta Ecoboost is minimal if not zero?

As for breakdown- if you get a two year old car???
I’m driving a 2007 French car and in 10yrs of driving I’ve never had a breakdown yet. Any noises etc – I’m on it straight away.

A 2-3yr old car shouldn’t give you any aggro. Unless you misfuel or dont do the checks or regular servicing.

Here you go – a brand new Skoda Superb through a broker for £23,929

The same car (not checked all the options though) second-hand with 2k on the clock for £25,995

I’m driving a 2007 French car and in 10yrs of driving I’ve never had a breakdown yet. Any noises etc – I’m on it straight away.

So how have you managed to drive a 7/8 year old car for the last 10 years?

8)

You have to pay insurance on a lease car though. Including Servicing/tyres into the lease ramps up the monthly figure-

The company lease deal I was looking at includes all this. I would just put fuel in.

As for breakdown- if you get a two year old car???
I’m driving a 2007 French car and in 10yrs of driving I’ve never had a breakdown yet. Any noises etc – I’m on it straight away.

Two year old cars *never* break down ? 🙂 Personally I would buy breakdown so that’s an additional cost to put into the equation for me. Lease == included, purchase == not included. (Granted it’s not much £££ though 😉 )

Hora while your logic is good and i agree to a point

My dad had a brand spankers van on a lease….

This thing had more electrical gremlins that god knows what , was a relief to hand the keys back.

After 2 years It did this thing where you would turn the key and “nothing”

Push it slightly and bump it a little and it would start fine sounded like starter solenoid fecked- but no….garage replaced heaps of the componants in that area inc clutch , flywheel, starter and alternator before declaring it wiring and it would need to go to vehicle electrician. Lease co got that back sharpish.

Ip also hunted at idle – they couldnt fix that either.

trail_rat – Member

My dad had a brand spankers van on a lease….

This thing had more electrical gremlins that god knows what , was a relief to hand the keys back.

After 2 years It did this thing where you would turn the key and “nothing”

Push it slightly and bump it a little and it would start fine sounded like starter solenoid fecked- but no….garage replaced heaps of the componants in that area inc clutch , flywheel, starter and alternator before declaring it wiring and it would need to go to vehicle electrician. Lease co got that back sharpish.

So basically dont lease or buy a craply made van 🙂

Not all cars or vans are made equal…..

You could as easy buy or lease a lemon jn any brand….. But at least a lease gives you an easy exit strategy.

Cheapest leasing business I’ve come across http://www.vehiclesforbusiness.co.uk/

flexible prices indeed

trail_rat – Member

Not all cars or vans are made equal…..

You could as easy buy or lease a lemon jn any brand….. But at least a lease gives you an easy exit strategy.

I was joking, but surely just selling a van is an easy way out also?

Not easy to sell a lemon that may or may not start at any given moment unless your delboy