2.75 year old MG5, £9k, little to no chance of depreciation beyond fuel savings being made, easy to move if it is hated, no big loan around your neck (£6k, £267 per month on a 24 month loan, only £400 interest to pay at 6.5% over the term) and easy to refinance if required, less to insure as lower replacement value, still under warranty. Seems to me like a decision is being made with the heart and not the head, but all the posts are about finances and keeping the costs down, and risk etc. aren't really being considering just written and ignored by the author.