crazy people. their money. car choices

[flibbage0]

Nothing, if you can afford it. The point being made was that people on the bread line, struggling to make ends meet, see things like Sky TV as a right, not a privilege.

Pretty much this.

I'm with Virgin Media and one of my parents was made redundant and had no job for over 8 months.

Parents made a sensible decision of cutting down the tv bill, going from XL to M package.

On the subject of cars, my dad's car has done 250k+ miles, he could buy a newer car but logic dictates it would be sensible to run it into the ground.

I just don't understand why people can't take steps similar to these, if most people did, we wouldn't be in this much mess.

There is of course the contrary to this statement, if someone has the cash and splashes out on a brand spanking new Audi then some of that money will go into the economy.

However there is one question, since it is a German car, won't most of the money go into the German economy?

 

[Barks]

Buying a new car is fine, obviously. If everyone bought used then we would be stuffed wouldnt we! I think people like to justify the purchase a bit more though by saying it was because of the better fuel economy. Unless you are doing mega miles, buying a new car is rarely actually going to save you money.

I agree entirely and a lot of people definitely do not take the time to think things through but there is an attitude on these forums that all new car buyers must be morons and it gets tiring.

 

[Firestar_3x]

IMHO:

1) If you need to change your car anyway, then pick on with better MPG, no problem.

2) If you change your car simply because you want the huge MPGzz, retarded.

Spending large sums of money and swapping in an otherwise fully fuctional car just to get 10more mpg (or whatever) just boggles the mind.

 

[Mr Jones]

I sold my 52 Renault Clio 1.4 Dynamic and got a Toyota iQ 1.0, for
1) No Road Tax
2) 5 Year Warranty
3) Almost double MPG to what the Clio can do
4) The Clio's repair cost since owning it for a little over a year is getting worst (Coil packs, iffy brakes even with brand new pads and ~30mpg average)

A new car works out more expensive per month but I get

a) A brand new car - I get to touch and smell everything as new!
b) I don't have to worry about repairs for the next 3 years, might upgrade by then as I might start a family then or finish payment at year 3 and own it for another 2 years paying MOT repairs whilst car warrant another 2 years on parts.
c) No road tax, or London CC when I do drive in on the occasional visit/meet up with my uni brother

MPG payed a big factor in the decision but sometimes, it's all down to the car. I absolutely love it despite it being more expensive than e.g. Aygo or a Hyundai i10, it's build quality is great and truly a car with loads of personality.

Look at it, it's always smiling in the front and nippy around town!

Not everyone makes logical sense, but if they can afford it, so be it. If they had to pawn their children for it, then that's a little too far.

 

[Matt82]

So if you had a civic r and couldn't afford the petrol to get to Work in it, what would you do??

Thats right, take out an agreement on a moped, just over £2k for a moped

I crap you not

 

[paradigm]

Whilst keeping the Type R?

 

[elmuzzy66.]

And they are?

Very poor second hand market. But that doesn't apply in general to the uk.

 

[Matt82]

Yup whilst keeping that. Thats only the start of the mind boggling

 

[commited]

I sold my 52 Renault Clio 1.4 Dynamic and got a Toyota iQ 1.0, for
1) No Road Tax
2) 5 Year Warranty
3) Almost double MPG to what the Clio can do
4) The Clio's repair cost since owning it for a little over a year is getting worst (Coil packs, iffy brakes even with brand new pads and ~30mpg average)

A new car works out more expensive per month but I get

a) A brand new car - I get to touch and smell everything as new!
b) I don't have to worry about repairs for the next 3 years, might upgrade by then as I might start a family then or finish payment at year 3 and own it for another 2 years paying MOT repairs whilst car warrant another 2 years on parts.
c) No road tax, or London CC when I do drive in on the occasional visit/meet up with my uni brother

MPG payed a big factor in the decision but sometimes, it's all down to the car. I absolutely love it despite it being more expensive than e.g. Aygo or a Hyundai i10, it's build quality is great and truly a car with loads of personality.

Look at it, it's always smiling in the front and nippy around town!

Not everyone makes logical sense, but if they can afford it, so be it. If they had to pawn their children for it, then that's a little too far.

Out of interest, how many miles/year do you do and what repairs did the Clio need?

When I bought my 530i, someone asked me if it was diesel. When I said it wasn't, their face instantly dropped and politely informed me that it was going to cost me a fortune in petrol. I politely informed them that I didn't give a stuff as I do less than 10k/year and fuel is such a minor cost for me compared to rent etc I honestly hope petrol never reaches a level where 10k/year costs the same as depreciation on a new, equivalent car.

 

[Barks]

Out of interest, how many miles/year do you do and what repairs did the Clio need?

When I bought my 530i, someone asked me if it was diesel. When I said it wasn't, their face instantly dropped and politely informed me that it was going to cost me a fortune in petrol. I politely informed them that I didn't give a stuff as I do less than 10k/year and fuel is such a minor cost for me compared to rent etc I honestly hope petrol never reaches a level where 10k/year costs the same as depreciation on a new, equivalent car.

I really wish diesel didn't even exist. If there's one thing that does my head in like nothing else it's people who won't shut up about diesel and seem to be completely retarded at basic economics/maths. They also fail to see why people are willing to pay more (and lets face it, usually as you've just pointed it it's only a small amount more) to have a real engine that puts a smile on your face and not a common vibrating repmobile.

It's almost tragic. I drove to the other end of the country this weekend and there are thousands of 320Ds, 520Ds, 2.0 VAG TDIs. I couldn't think of owning anything worse. They're ubiquitous and there's absolutely nothing unique or special about them. It's such a relief to see even something like a 330i. BMW's new petrol engines are extremely fast and highly economical but as Fox reminds us time and time again, it won't matter because virtually everyone opts for the diesel.

Oh and one last rant. Anyone who buys something like a Mini Cooper D or SD must have the IQ of a bedpan.

 

[Tesla]

At current prices, roughly, 30MPG = £2000 and 40MPG = £1500 in petrol over 10k miles.
Remember this and you can quickly work out if an economy purchase is worthwhile.

Diesel is a by-product of refining petrol, per "barrel" of crude you get more petrol than diesel. Therefore, if diesel demand remains high then surely the price gap between petrol and diesel will only widen? Is this why lots of manufacturers are developing small turbo petrol engines?

 

[paradigm]

I will state that currently (due to the A6's impending repair bill of doom, and the further maintenance works needed in the coming months) I'm debating buying brand new.

I'd be putting in around 50% of the value of the car (so not worried at all about being in negative equity come the end of the term), and the potential fuel, tax, insurance and maintenance costs (based on my previous 3 years with used "presitge" car maintenance) cover 85% of the monthly repayments.

Due to the offers being touted at me, it works out cheaper than buying a 6-month old example off the same forecourt (dealer contribution to deposit, worse finance packages, etc).

I'm struggling to see the downside at the moment.

 

[Jono8]

I will state that currently (due to the A6's impending repair bill of doom, and the further maintenance works needed in the coming months) I'm debating buying brand new.

I'd be putting in around 50% of the value of the car (so not worried at all about being in negative equity come the end of the term), and the potential fuel, tax, insurance and maintenance costs (based on my previous 3 years with used "presitge" car maintenance) cover 85% of the monthly repayments.

Due to the offers being touted at me, it works out cheaper than buying a 6-month old example off the same forecourt (dealer contribution to deposit, worse finance packages, etc).

I'm struggling to see the downside at the moment.

Nothing wrong with buying new if you can afford it.

I just bought a 2006 Octavia VRS for under 6k but i was VERY tempted to buy a new one as, in August this year, you could get one for 16k with 0% finance(50% deposit up front). I had to put my sensible cap on though as i couldnt really justify having to pay 8k and then monthly payments on top. I still don't know whether i did the right thing, i would have loved to be driving around in a new one .

 

[Jonnycoupe]

At current prices, roughly, 30MPG = £2000 and 40MPG = £1500 in petrol over 10k miles.
Remember this and you can quickly work out if an economy purchase is worthwhile.

Diesel is a by-product of refining petrol, per "barrel" of crude you get more petrol than diesel. Therefore, if diesel demand remains high then surely the price gap between petrol and diesel will only widen? Is this why lots of manufacturers are developing small turbo petrol engines?

It because EU6 diesel aftertreatment is expensive and difficult to bury into smaller cars, both in terms of cost and package and hence advancement in petrols is taking favour. PArticularly as smaller cars are more suited to town environments rather than taking a man in a shiny suit and his samples of clothes up and down the M6.

 

[Philz0r]

Sometimes people just want a change.

 

[Firestar_3x]

Sometimes people just want a change.

Changing cars on a whim is like flushing money down the drain*

*Usually.

 

[Blue160]

Changing cars on a whim is like flushing money down the drain*

*Usually.

So is upgrading your PC as soon as something shinier comes out. Plenty of people on here do that though. Cars are bought for the pleasure of ownership as well as practical reasons.

 

[Firestar_3x]

So is upgrading your PC as soon as something shinier comes out. Plenty of people on here do that though. Cars are bought for the pleasure of ownership as well as practical reasons.

Ah, guess it's ok then.

 

[Blue160]

Ah, guess it's ok then.

Of course it's ok if that's what you want to do, and you can afford it

 

[Firestar_3x]

Of course it's ok if that's what you want to do, and you can afford it

The problem is in many cases people can't and they change for odd reasons which make 0 financial sense.

1) I want the latest Kia otherwise the neighbours will think I’m poor.
2) I want a car with a warranty, so let me spend 10k upgrading to the same car.
3) I don’t want the hassle of an MOT
4) I want 10mpg more

Regularly changing your car, be it for a new or secondhand one, just because you ‘fancy it’ is a bad idea, if you buy new or nearly new you suffer serious depreciation (unless you buy a few select cars), if you buy secondhand you enter into the world or unknown reliability and repair bills.

Keeping a car you know and have spent money on is the best way to get cost effective and reliable motoring.

So yes, as i stated before, changing your car on a whim, because you 'fancy a change' is a great way to chuck money away, if that's one of your favorite past-times then go ahead.

Changing your car for logical and calculated reasons is something different all together.