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How much would you spend on a car?

Do you buy new?

A_man_called_CHIOG  Male  South East London 8-Aug-2019 16:11 Message #4747927
I was reading that the most expensive new car is a Rolls Royce specially built and costing $13 million which I reckon is a bit on the steep side.

A second hand 1963 Ferrari was sold recently for $70 million. An amazing price for an old banger.
persona_non_grata  Male  North London 8-Aug-2019 17:16 Message #4747947
Having just been reading the computer thread I think a nomination for a car should be the Sinclair C5 and put the rest of the millions of dollars away for a rainy day.
wonderoushen  Female  Gwynedd 8-Aug-2019 18:43 Message #4747964
I don't think I would buy a new car even if I could afford one, I don't see the point of buying something and loosing a third of its value by driving it off the forecourt.
leogirl  Female  Essex 8-Aug-2019 23:04 Message #4748026
That must be a very basic car that looses a third of the value just driving it of the forecourt wonderoushen .
I have bought a brand-new car once, Ford Focus when they just came out. ,I negotiated the price and got enough discount and a good price for the old banger in part exchange . Te old banger CAME TO A GRINDING HALT so the car had to be towed to the garage!
It was a tremendous thrill to own a car that was the envy of the neighbourhood. Still have fond memeries of her.
Economical - no

A_man_called_CHIOG  Male  South East London 9-Aug-2019 05:54 Message #4748033
If I bought an expensive brand new car I would dread leaving it parked anywhere in case it was scratched or stolen. Living in London and working in London makes car ownership a waste of time. Public transport is very good and taxis are available in minutes using an app.
HonestBob  Male  the Central region 9-Aug-2019 07:32 Message #4748041
Not sure I'd buy a brand new car off the lot, for the reason Wonderoushen mentioned, the depreciation aspects.

Having said that look at how much a Sierra cosworth, or escort RS and so on are worth.

If I wanted to spend money on a car, probably would buy a nearly new one. Thing is, I love cars but hate paying for them...... the car I have is a 2010 Subaru Outback, not the best looking car, but it had 4x4 capability, it's very comfy, estate car ect. In Sainsbury's car park the other day, went in got back to the car started the ignition and got greeted with a loud noise from my near side mirror. It was making the sound as if I was adjusting it. The wee motor sound from the mirror is now constant and the mirror is loose.... would appear something happened to it in my absence. I'm annoyed, but not as annoyed as I'd be if it was brand new!

It's a lot of money to leave lying around outside!
Hierophant  Male  East Anglia 9-Aug-2019 08:06 Message #4748044
There is nothing like the buzz of buying a new car, I would certainly buy a brand new one again and may treat myself in the next couple of years.
With the modern ways of buying one, where you are effectively leasing the vehicle, the depreciation factor isn't such an issue.
I am tempted by electric cars, but at around £30,000 for a run-of-the-mill Renault Clio or similar it's not a sensible option for me right now as I don't do the miles to warrant the outlay...
brisinger  Male  Lancashire 9-Aug-2019 12:19 Message #4748081
My Dad always said that one factor he'd base it on was how much the wheels had been worn in. Brand new and they may lack grip. Too old and the tyres may be balding.
RAACH84  Female  Buckinghamshire 12-Aug-2019 07:52 Message #4748413
An expensive pushbike can cost more than a cheap car.
Hierophant  Male  East Anglia 12-Aug-2019 09:12 Message #4748416
"My Dad always said that one factor he'd base it on was how much the wheels had been worn in. Brand new and they may lack grip.Too old and the tyres may be balding."

How does that work then? My car is 10 years old but the tyres are 2 months old...
JustLyn  Female  Cheshire 12-Aug-2019 11:02 Message #4748425
I've had new a couple of times and only one of them had no problems and that was my, still in the family, 2009 Yaris that has now done 130,000 and is in great condition. It was a bargain at the time, £2,300 off list and a great offer on my immaculate Golf GT TDI that had done 150,000.

I would still have it myself but my daughter needed a bargain so I sold it to her for monthly payments for what the dealer offered me on a trade in.

Lifestyle changes, and I hadn't anticipated buying a folding e-bike and being grandmother to 2 x border collies, and being a removal van to my eldest son in Sheffield who has not got on his feet yet, taking up camping again. So I was seduced by a practical beast, a top of the range 2015 Compact Toyota Auris Hybrid Estate.

Generally, I like well preserved high tech oldies. Reliable brands, comfortable, and the heated seats are appreciated when still setting off to work at 06:15 and chilly winter mornings.

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