I bought my last car 10 months old with 5400 miles on the clock-it had been used by the Garage manager. It was in mint condition and cost me £15000. The same car brand new with all the gadgets (full leather, dual zone climate control, upgraded 17" alloys, heated seats, winter pack etc) was £22500.
As soon as you drive it off the forecourt, you will lose thousands off it. Prior to my current car, I always bought my cars brand new-never again.
Pro's of a new car-err, they're new
Cons of a new car-you'll lose shitloads.
Pro's of a used car-dirt cheap if you buy a nearly new car
Cons of a used car-depends on how old you go but I wouldn't go near a used car more than 5 years old but that's my preference-each to their own.
I never buy new cars, have had them as company cars, but always buy secondhand for myself. Buy a used car, get at least £2k out the bank in cash, and chuck it out the window as you drive off the forecourt, youll know how it feels to drive a brand new car
Oh and I never buy used cars from dealers, price is too high, and they dont roll over as easy as the public
A very close friend used to be, Head of Sales, 'Jaguar' South East England.
He gave it up because of the poor quality of the cars. In his words, " The only thing that's keeping Jaguar going, is the Parts Dept "
Need I say more.
Yup .... for a start, I never saw anything that ate lightbulbs like my Jags. All 3 of them, so not a one-off. One every couple of months, could have been anywhere, didn't matter ... a bulb went. No wonder they came with a "spares kit" in the tool-kit. Nothing else went wrong, but admittedly I moved on every 18 months or so ...
Went like sh1t, though ... lovely way to travel. First one when when I was trading in a Mazda 626 [low mileage, less than 2 years] and was offered "You must be f***ing joking". That's when I got the first Jag ... 2 years old for the same price as a new 626. No contest ...
Then, in 94, traded in for a new Jeep Cherokee 4.0L. My son who "inherited" it says [today, by email] it's now on it's last legs, and probably has to go. Air Con long gone, ABS gone, tyre problems [alloy wheels degrading?] ... but that old supersonic house-brick has done well. Rust free, even with body damage going back years ... I'd have another one tomorrow.
pros are choice and to a lesser extend warrenty. The cons are depreataion and dealing with niggles. The most rational buy is a car that has lost its first large chunck and has been nicely test run in and test driven. I would proberly buy a BMW if it was with my own money. Well made good drive and hold there value and make decent diesels.
Up until recently have run ancient Range Rovers, replaced every 6 months or so as they fall to bits (generally get your money back Ebaying it)
Upgraded to slightly newer Discovery's only to find they fall to bits even faster.
Recently decided to try a Jeep Grand Cherokee, pleasantly surprised to find a month or so after buying it every gadget still works and it hasn't started to corrode anywhere.
Had 11 Jaguars over the years, no finer way to travel but might as well pour money down the drain.
Nothing consumes cash faster than a V12 Jaguar (other than Gordon Broon obviously)
Wouldn't dream of buying a brand new car, not ever. Brand new bike, I can see the wisdom in that but not a car
...if you are any of the following: boy racer, wearer of polyester, pipe smoker or an actuary.
Honda are very reliable cars. Also very, very dull. The new 'space' look Civic is for tarts only.
If you have a decent cash flow then buy a premium marque second hand. I favour 2yr old Porches with tiptronic shift (means they have never been over-revved). Fantastic cars, reliable, loads of performance and very fuel efficient when driven legally (avoid the Cayenne though). I have had a 986S,987S and 997C4. Find a good independent Porsche mechanic near you and use them instead of the official franchise (labour then costs about 50 quid an hour instead of 100+).
Avoid Saab: I found the ones I had dull, underpowered (including the 93 Aero cabrio I had last month in Somerset). From owning a Saab several years ago I was horrified at the servicing cost (especially as it was just a jumped up Vectra at the time).
Volvos are only ok if you buy one of the larger ones (X90,70,S80,etc) with a decent engine. A client gave me (for 2 days before I returned it) a 1.6 S40 diesel: piece of shite engine and seriously cheap interior. Volvos have the benefit that very few people know the model range, so cannot tell if your car is 2 weeks or 2 years old.
I recommend always buying second hand unless you are either filthy rich or are intending on keeping the car for years and are very demanding about your vehicle (i.e. must have the right options list). For most second hand cars you can buy a warranty (some are worthless, others ok. See 'Honest John' on the Telegraph website for details).
Buying new: unless it is really, really important to you that you have the latest model the moment it comes out and you feel your neighbours have to know that your car is brand new, then why bother?
I agree with Dread, apart from that dribble about Porches.... they are gayer than a row of wendy houses.
Better to buy a two year old marque than a brand new rep wagon, if thats your budget.
Buying brand new is a swizz and by the time you arrive home from teh garage, your motor has depreciated to the tune of the VAT...
Volvo XC90 are alot of motor for the money £13K + puts you in a decent two / three year old....... I drove an S60 as a run around for best part of 18 months and it was fab on the motorways and crunching miles, comfortable, well specced and reacted for a heavey lump to a degree. Turning circle of an Aircraft carrier though.
Good fun, Merc CLK 320 new shape pick on eup for £15K on a 53 plate..... pillarless coupe for not many pennys...
Honda's are for pensioners and men that use hairdryers
Phew ... glad I never had a Honda, then. My old string-back gloves [from Dunns, IIRC] go beautifully with the interior of the current 4x4, though
Dread ... love the Porsche post. Shame you can't carry anything in them except the latest collection of speeding tickets
Jagman ... Your Grand Cherokee must have been fairly modern. The one I owned had the family-name "The Barge": it certainly handled like one. My proper Cherokee was great [and is still serving a junior family member after 15 years ...].