It may not look much different, but BMW’s slick 5 Series has been upgraded for 2013
The Vauxhall Astra is a dependable everyday car. But it seems dependable doesn't equal a decent depreciation rate: the Astra comes at ninth on our list, losing 55.2% of its value over three years, its 2009 purchase price dropping from £12,560 to £5,627 in today's market.
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bought a new car once lost so much on it wont do that again i have a 1997 toyota starlet to run me around paid £750.00 for it 69000 miles on the clock, only needs a cd player and i love it first M.O.T sailed through just new tyre and a wheel bearing.... much less than new car cost to M.O.T that cost me thousand and a bit more and when people overtake me i laugh coz i catch them up at the next roundabout/ traffic lights hehe!!.
depreciation on a new car is so big as soon as you drive it down the road from the dealer you may as well just throw a few thousand out the window .
My rule: buy used guaranteed cars, you get all the bells and whistles with depreciation already factored in.
I managed to keep buying low mileage good cars for very little over the last 7 or 8 years, they were depreciated for a start so I would NEVER buy a new car. I only did that when it was a company car
Yes - these are the cars to buy if you want a decent buy for longer term ownership.
I'm on my second Jaguar = low mileage, bought for nought, still going strong. Current S type only worth a few grand but parts are usually cheap...yes cheap, sure I have a few niggles as you would with any car, there is always one bill that I can't avoid every two years. But super car performance from this V8? Luxury? Superb. Too good to replace.
You can do it too...
Buy new look after it and sell when it starts to give you trouble
that is what i do I never worry about depreciation because i make sure i have had my moneys worth before i sell the car privately i never part ex as the garage then makes profit out of the car they are buying off me (thieving I really mean) and the car i buy off them.
my best advice is haggle until you are nearly thrown out of the showroom then go home and have a cuppa they will ring you up when business is slow and offer you the deal you were after.
I'd love to buy a new car, but then i'd keep it for a long time, the numberplate doesn't mean anything to me. I'd buy a new car to have it the way I wanted, I don't see the point of buying a 6 month old car and settle for what other people chose, if you want to be 'smart' and not fork out money buy an old micra, you'll save a fortune, and when it goes wrong it'll be dirt cheap to fix compared to newer cars.
I currently drive a 7 year old car that i've owned for the past 4 years, its worthless to sell, but its got 160k on it, still drives like new (recently replaced suspension, nothing wrong with the old but was getting a bit bouncy), and i'd say in better condition that most newer cars as I replace things as they get worn.
I still pay for servicing, theres so many people with a year old car who ignore the service light and various problems, who just ruin their cars because they forked out all the cash on looking rich with their shiny car and can't afford to run it.
'Renaults aren't renowned for reliability or build quality'
Must be why I had a 2001 megane and in 4 years had no mechanical faults or problems let alone have FSH which shows it had none. I know many renaults that havn't had problems.
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