New, cheap to run cars.
- Thread starter MikeHiow
- Start date
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
No gripe, just a gripe at buying a 2 year old one for the price of a new one./
Its madness, especially in a car like that when 3k would get you the same end result, its a small cheap runabout, so buy a small cheap runabout.
Get a 3k loan if you must but where is the point in spending 7k to get a car a year newer. Why not by the 4 year old Hyundai for about 35p and really have cheap motoring. A 4 year old one is no worse than a 2 year old one, they both still have warranty dont they?
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- Joined
- 5 Dec 2008
- Posts
- 118
Really it is a question of priorities:
1. Reliability - Generally a newer car is likely to be more reliable. This is not just about cost but also the hassle of finding a reasonable competent garage and having the time available to both take the car to the garage and be without it for however long it takes to be fixed.
2. Cost - Initial cost, depreciation, tax, insurance, fuel, servicing, repairs.
3. Performance - Higher performance usually means higher running costs.
4. Style - This is really personal preference and my current car is not a preferred choice for many members of motors.
By default I would look first at cars ages between 2 and 4 years old where vehicle is still likely to be in excellent condition but has passed the steepest part of the deprication curve. However, I have kept all my cars for over 5 years.
1. Reliability - Generally a newer car is likely to be more reliable. This is not just about cost but also the hassle of finding a reasonable competent garage and having the time available to both take the car to the garage and be without it for however long it takes to be fixed.
2. Cost - Initial cost, depreciation, tax, insurance, fuel, servicing, repairs.
3. Performance - Higher performance usually means higher running costs.
4. Style - This is really personal preference and my current car is not a preferred choice for many members of motors.
By default I would look first at cars ages between 2 and 4 years old where vehicle is still likely to be in excellent condition but has passed the steepest part of the deprication curve. However, I have kept all my cars for over 5 years.