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It's almost like buying new cars is for mugs, eh?
😉
We paid £16200 for a '69 plate Citroen c4 Grand Space Tourer with just over 12000 on the clock about this time last year. Fast forward to today amd we are closing in on 20000 miles. The dealer we got our car from have got some '69 plates with about 20k on the clock, same trim level, same engine, auto box etc for 24 grand.
We’ve chopped in two cars ( BMW 430 and a Range Rover Evoque) and got £13k equity back. We were prepared to wait for a stock replacement from new (3 month wait) so picking it up Monday. But prices are crazy for second hand at the moment.
My 55 plate Fiesta hasn't improved enough in value to afford an electric cargo bike so I'll stick as I am for now.
It’s like me standing in the pub the other day, dressed head to toe in hi-viz orange, waiting a while for the barmaid to finish something she was doing, a regular said “sorry mate she can’t see you”, I only got it when I got home 🤦🏻♂️
When I was a teenager a neighbour drove past me washing my Mum’s Pug 205. I was using a watering can to rinse it off. Old mate says “are you trying to grow a 405?”
I had no idea what he meant at all. One day I worked it out and felt so guilty for not laughing at what was actually bloody funny.
Not all cars are great value, I bought an S-line A3 for £14k and WBAC value is 10,500 at the moment!
If I’d bought the sport (but couldn’t find a nice one in blue) it’d be worth £10k…. S-lines seem to be a moneypit! 🤣
My timing is lucky. I ordered an EV through my work salary sacrifice scheme which turns up in 3 weeks. My A6 estate 4 year pcp has just finished. The bubble payment is 11.5k(which was already inflated to keep lease costs competitive) and I’ve just sold the car through motorway for 17k.
The balance will go towards a new solar/battery system at home.
Be wary with salary sacrifice schemes as it does affect or can affect the amount paid into your pension over that time