New car every 3 years

Author
Discussion

blindswelledrat

25,257 posts

233 months

Monday 27th January 2014
quotequote all
For my family we have 2 cars.
One is mine which I go old and the others is the family car which is more expensive and newer. My wife genuinely believes that any car over 4 years old is an old st car. I cannot shake that opinion, and apparently it is quite common for women to judge cars by reg.

Anway last 2 cars she has had: 18 month old XC90: Paid £25k Owned 6 years. Pex value £4k which is £300+ per month and for 3 years of that it was becoming an older high mileage car.
Current Car: Peugeot 5008 9 months old. Paid £16k. CUrrent depreciation £350 per month, give or take.

This has made me realise that I would be far better off leasing a brand new car for her. She would prefer it - it is far less hassle for me and by shopping around we could probably get a better brand new car than either of those for the same budget. Im sold and will definitely lease for her from now on.

blindswelledrat

25,257 posts

233 months

Monday 27th January 2014
quotequote all
doogz said:
Sounds like a better option, if she insists on something 'new'
It drives me up the wall. Our current car is one of the sttest cars I have ever owned and yet is costing me more than 90% of them including a brand new GT-R. I fking hate it.
I lay out the rationale to her for buying a 3 year old much nicer car and it gets met with "Just get me what you want. I don't care" in that tone. Sigh.
"But look at my car. Its much better and it costs me nothing" I will reason, whilst clearly showing how much her choice will cost.
"How can my friends XY &Z afford a new car every two years?"
"Because they are fking st cars. If you want a st car then I will buy you a fking st car" and off we went and got the Peugeot which both of us hate.

mini1380cc

2,944 posts

172 months

Monday 27th January 2014
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AudiWurst said:
No. Not weird.

If it was my uncle, and he asked me for help/advice, then sure, I'd help him sell his car privately for a good price, and phone around dealers to get the best price on the new car.

Otherwise, I'd keep my nose out of his affairs. Said uncle is presumably not on the bread line, and is happy with the deal he is getting, so why interfere??
Yup. I don't even know he is changing cars until its already done, he is happy doing it on his own. He couldn't care less about the depreciation and enjoys the simplicity of dealing with the same people. He never had kids and is old enough to not need any long term savings.

If he did ask for help i would give it to him, but like I say he is happy. It was accords before that.

irocfan

40,637 posts

191 months

Monday 27th January 2014
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interesting question, if I could afford a new car every 3 years would I? I guess it depends on the cars involved, currently I have a Mustang GT and my taste run towards Yank iron... I'd love to be able to get new Challenger every 3 years or possibly Camaro... not at all sold on the new 'Stang (S550) though. If you're talking sensible/family cars then the answer is "no bloody thanks!"

blindswelledrat

25,257 posts

233 months

Monday 27th January 2014
quotequote all
doogz said:
I'm trying to tell her that a £5k RR might be an excellent, reliable, well looked after car. But that it probably won't be, and if she really wants one, stretch the budget to get one that's not been to the moon and back, via a field full of horse st.
.
biglaugh And then it will end up with you getting the hump and letting her get the RR to teach her a lesson so you can say "I told you so" even though you will have to pay the millions of pounds it cost every other day when it goes wrong. Being right is an expensive luxury where women and cars are concerned.

daemon

35,913 posts

198 months

Monday 27th January 2014
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Everyones circumstances are different, dependent on their priorities at that point in life and expendible income.

Each to their own.


alfaspiderman2

1,136 posts

220 months

Monday 27th January 2014
quotequote all
blindswelledrat said:
It drives me up the wall. Our current car is one of the sttest cars I have ever owned and yet is costing me more than 90% of them including a brand new GT-R. I fking hate it.
I lay out the rationale to her for buying a 3 year old much nicer car and it gets met with "Just get me what you want. I don't care" in that tone. Sigh.
"But look at my car. Its much better and it costs me nothing" I will reason, whilst clearly showing how much her choice will cost.
"How can my friends XY &Z afford a new car every two years?"
"Because they are fking st cars. If you want a st car then I will buy you a fking st car" and off we went and got the Peugeot which both of us hate.
This is the funniest thing I've read in ages. Brilliant.

ouch

132 posts

161 months

Monday 27th January 2014
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I'd rather have something older and more fun. I don't need to prove my worth by having new metal on the drive every couple of years. My car is the oldest (bar 1) in the car park at work.
It's not like new cars are even more reliable these days anyway, a mates new-ish golf has spent more time at the dealers that on his drive.

TLandCruiser

2,789 posts

199 months

Monday 27th January 2014
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I don't like to have cars on finance, as I would rather have more disposable income each month.I could lease something like a new range rover or Porsche etc but instead I have 2 old cars and a 09 vito....and I'm not bothered about car park dings etc. I also have a rare disease that means I change my cars every 6 months to a year! Except the land cruiser as it's a fantastic car.


carmadgaz

3,201 posts

184 months

Monday 27th January 2014
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Was 'lucky' enough to be in this position a few years ago (inheritance money). Could of got a Shiny Defender and a brand new MX-5, ended up just as happy with a 40yo Landie and an 11yo MX-5. Can't see the point it pouring the money down the drain like that.

If it makes you happy though... Someone has to do it or we'd not have secondhand cars to but

Blakewater

4,311 posts

158 months

Monday 27th January 2014
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To a large extend it depends on how you view cars. Lots of people have mobile phones on contracts and a big part of that is having the latest version with the most up to date technology every year or two. Phones are fashion items and people want to outdo everyone else, even if they haven't got a clue about half the features their phones have and never use them.

On the other hand, you don't feel the need to buy a new washing machine every three years just because it's more likely to go wrong at that age and you want the most up to date one. You keep the one you have and buy a new one out of necessity when the one you have does break down.

To some a car is a fashion item and theirs has to be the trendiest, most high model. To others it's a white good.

There are still lots of old and often battered and poorly maintained cars on the road that should be scrapped. Removing them from the roads would do far more to improve air quality around roads than reducing the motorway speed limit. Many people however don't want to drop lots of cash on owning a depreciating asset but still want something shiny and new that's unlikely to let them down, which I don't think is an unreasonable desire. Cheap finance deals allow them to get a new car every three years or upgrade sooner if they wish, just like with mobile phones and other items that quickly move on in terms of new models and new technology.

When people ask why cars don't have long lifespans and aren't built and sold around mechanical durability and toughness, this is the reason. Someone buying a car on finance with a view to swapping it for a new model after two or three years doesn't care about engine components being engineered to be three times tougher than they need to be or anything like that. They just want big screens with lovely graphics, a banging sound system and to be able to integrate their MP3 and phone with it. This is where manufacturers concentrate much of their money and effort. Manufacturers such as Seat who appeal to trendy young people freely admit to this. Their innovations are about what people see and feel and interact with. They don't feel the need to spend money on the most high tech mechanical components such as multilink rear suspensions or to over engineer anything.

2hondadave

71 posts

192 months

Tuesday 28th January 2014
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blindswelledrat said:
It drives me up the wall. Our current car is one of the sttest cars I have ever owned and yet is costing me more than 90% of them including a brand new GT-R. I fking hate it.
I lay out the rationale to her for buying a 3 year old much nicer car and it gets met with "Just get me what you want. I don't care" in that tone. Sigh.
"But look at my car. Its much better and it costs me nothing" I will reason, whilst clearly showing how much her choice will cost.
"How can my friends XY &Z afford a new car every two years?"
"Because they are fking st cars. If you want a st car then I will buy you a fking st car" and off we went and got the Peugeot which both of us hate.
This sounds very familiar to me too. I have an S2000 that I've had for over 10 years. My wife has a 2 year old 320d touring that we got as an ex-demo. She goes nowhere and I am doing 500-600 miles a week commuting to work and back twice a week. My thinking is that as I like the S2000 and have struggled to find a replacement that I feel offers value for money as a drivers car, that I should compliment it with a 'motorway car',cheap to buy, economical and comfy and pretty much disposable. She thinks I should replace the S2000 with a newish BMW. Older cars are instantly rejected on the grounds of being 'old and unreliable' despite the evidence of a 100k mile S2000 with an 'almost perfect' reliability record (the one breakdown was caused by me). Despite explaining how this would actually be cheaper than one newer car, she still maintains that we can't do this as we aren't 'rich'. So I am stuck piling miles on the car that I want to keep forever! mad She already has plans for replacing her 2 year old BMW,that she loves... rolleyes

I think I have just about got her to give in, the condition being that we have a house with a big double garage to keep it in! eek

TLandCruiser

2,789 posts

199 months

Tuesday 28th January 2014
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It's safe to say that if a nuclear bomb was to go off only two things will survive....land cruisers and cock roaches! :P

R I C H

62 posts

146 months

Tuesday 28th January 2014
quotequote all
daemon said:
Everyones circumstances are different, dependent on their priorities at that point in life and expendible income.

Each to their own.
This.

I don't have kids, mortgage is paid off, disposable income is available. I generally get bored after 2 years and want to have a change, try something new. It's an indulgence, but so what? 11 vehicles between my wife and I in the past 8 years.

I tend to collect bikes though, find it hard to let them go, but they're somewhat more affordable and I generally buy them because of their collectibility as much as to ride them.

okie592

2,711 posts

168 months

Tuesday 28th January 2014
quotequote all
R I C H said:
This.

I don't have kids, mortgage is paid off, disposable income is available. I generally get bored after 2 years and want to have a change, try something new. It's an indulgence, but so what? 11 vehicles between my wife and I in the past 8 years.

I tend to collect bikes though, find it hard to let them go, but they're somewhat more affordable and I generally buy them because of their collectibility as much as to ride them.
No no, you shouldn't be sepdnding all that cash on cars and bikes you should be getting a property portfolio of buy to let's together do you can save lots of cash and never spend it but at least you have Pleanty of cash for your retirement. Unless you fancy a m135i that is

NPI

1,310 posts

125 months

Tuesday 28th January 2014
quotequote all
blindswelledrat said:
If you want a st car then I will buy you a fking st car" and off we went and got the Peugeot which both of us hate.
You really showed her there! hehe

At least on the Peugeot, it can't continue to depreciate at £350/mth - its whole value will be gone in 4yrs.