Is buying new a waste of money

I have auto dim mirror, Xenons, auto wipers and auto lights on the Cupra (07 plate), only the auto wipers would I loose as they have a different concept of what is rain on the screen than I do ! :(

edit and folding mirrors.. LOL
 
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My last 2 car's have been brand new. I replace it every year I'm 26. But it's only because it is ridiculously cheap just because of my work situation. It's cheaper for me owning a brand new car then a OK second hand one. Infact I'm not sure what my work get's out of giving me the car at that price but there must be a reason why they do it they wouldn't do it if they didn't make a profit.
 
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Xenons come top of my options list!

Oh wait you can't spec them on 2nd hand cars....what a bummer!

And buying new is worth it (just) for the smell and the fact that you know exactly where it has been and how it has been driven from day one.
 
[TW]Fox;21868635 said:
It's one of those things you don't see the value in until you have it, then you wouldn't be without.

Like Xenons :p

Oh, I actually looked into getting mine retrofitted...you can't ! :( Not officially anyway, seen a few eBay 3rd party ones at £300 but I am dubious to say the least !

Save the money towards the next car that has it I say.
 
What type of person actually buy's brand new? I know people who get lease from work or lease a car or whatever. I rarely speak to people with a normal job who just go out and buy a brand new car as it costs a fortune even for a normal car. Cost's as much as some mortgages. So who are these people?
 
What type of person actually buy's brand new? I know people who get lease from work or lease a car or whatever. I rarely speak to people with a normal job who just go out and buy a brand new car as it costs a fortune even for a normal car. Cost's as much as some mortgages. So who are these people?

They see it as:

£299 a month
Free servicing for 3 years
5 years warranty
This weekend only £500 off !

But doesn't do the math and work out final total.
 
What type of person actually buy's brand new? I know people who get lease from work or lease a car or whatever. I rarely speak to people with a normal job who just go out and buy a brand new car as it costs a fortune even for a normal car. Cost's as much as some mortgages. So who are these people?

I bought a new car, with cash, about 2 years ago.

Had to sell it 18 months later mind you - taking a massive depreciation hit that I didn't think I'd have to - and knowing what I know now about how my circumstances changed I wouldn't have done it. In fact I wouldn't have bought a car at all, new or otherwise.
 
They see it as:

£299 a month
Free servicing for 3 years
5 years warranty
This weekend only £500 off !

But doesn't do the math and work out final total.

Agreed.

£299 a month and then you have to add insurance, tyres, tax whatever (not sure if you buy tax on brand new).

It'll end up as a little more and basically you chose a brand new car when you could get a mortgage on another place for that money!
 
I bought a new car, with cash, about 2 years ago.

Had to sell it 18 months later mind you - taking a massive depreciation hit that I didn't think I'd have to - and knowing what I know now about how my circumstances changed I wouldn't have done it. In fact I wouldn't have bought a car at all, new or otherwise.

Hope your situation is ok now mate.
 
who just go out and buy a brand new car as it costs a fortune even for a normal car. Cost's as much as some mortgages.
Here's something.

The combined cost of my mortgage and new car is cheaper than the cost of putting my baby into a nursery 5 days a week.
Nursery costs = £55 per day, and you pay it even if they don't go. So two weeks holiday means you wave goodbye to £550.

New cars are pretty good value in comparison :)
 
Agreed.

£299 a month and then you have to add insurance, tyres, tax whatever (not sure if you buy tax on brand new).

It'll end up as a little more and basically you chose a brand new car when you could get a mortgage on another place for that money!

You could get a mortgage, if you had that money to begin with, which equated to a 25% deposit, and the bank would loan you the money.

In which case buying new wouldn't be much of an issue if you already owned a property and were also able to save up a large amount of cash at the same time.


Bought new twice.

FIAT 500, ran for almost 3 years, lost 1300 in depreciation when sold to dealer (would have been a lot less private).

Then bought new here as the used market is totally different and it is better financially to do so. Brand new car to market so no used stock, but used holds it value very well, so would have bought new instead more than likely.
 
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