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Buy used, problem solved. Bought a £8k 6 year old car, sold it for £2.5k after it broke and wanted £2k for repairs 6 years later. So £1k/year. Current car cos
by mavhc 8y ago
Buy used, problem solved.
Bought a £8k 6 year old car, sold it for £2.5k after it broke and wanted £2k for repairs 6 years later. So £1k/year.
Current car costs £0 in tax, £0.02 p/mile, £360 insurance per year
- philliphaydon 8y agoMy mum bought a car in 1992 for ~$16,000 NZD. Still driving it today. It’s a Toyota so maintainence is tiny. My dad still drives my 1998 Mitsubishi. So when I see the price including depreciation it seems odd that people change cars so often they worry about resale value. I would either buy new and drive it into the ground or buy second hand.
- noelwelsh 8y agoThis. Recently bought a car that was about 1 year old, low mileage, and half the cost of new. Why bother buying a new car?
- tadzik_ 8y agoBoth cars I owned were used, but if I had excess money I would probably go for a new car because of how shit the 2nd hand market can be. You never really know what you buy unless you pay a 3rdparty expert to verify that the thing you're buying isn't critically flawed in a non-obvious way.
- mavhc 8y agoBoth mine were bought from dealers used, so less risk, they both had 1 year warranty I think