I bought a £46K car with 8K on the clock for £33K. It felt no different to driving a brand new car out of the showroom and was pretty much specced as I would have chosen anyway so nothing lost there. £33K would not have got me into a similar spec new 520d MSport which was coming to £41K, so I simply didn't see the point in buying new as it would have been throwing money down the drain and right now I can't afford to do that. People spending £30K on a 1 series is beyond me I have to say, same as a Golf or other such small car. Drive it for 2 weeks, park it next to mine and ask passers by which one they would prefer if they were priced the same.
I've bough expensive new cars in the past, I shall no doubt buy them in the future but when it comes to run of the mill exec cars I really can't see the point. M5 which is new to the market then you have little choice and if you bail early you wont take a bath, but I spent £42K on an RS4 and sold it for less than £15K 4 years later. Now that's a lot but when I bought the RS4 there was an identical new one that I was considering for £56K, imagine if I'd have bought that one and added the same miles...
I've bough expensive new cars in the past, I shall no doubt buy them in the future but when it comes to run of the mill exec cars I really can't see the point. M5 which is new to the market then you have little choice and if you bail early you wont take a bath, but I spent £42K on an RS4 and sold it for less than £15K 4 years later. Now that's a lot but when I bought the RS4 there was an identical new one that I was considering for £56K, imagine if I'd have bought that one and added the same miles...