How old is the car you usually drive?
Poll: How old is the car you usually drive?
Total Members Polled: 755
Discussion
Lowtimer said:
I think that's because at the moment the readership contains two large sub-groups:
1) people who actually regard cars as things to own, a group which is biased towards letting other people pay the worst of the depreciation, so tends to have older vehicles aged 6 years+
2) people who prefer to hire a new one and hand it back at the end , which is your balloon of 1-3 year old vehicles.
Still, cars from 3-5 years will have done a chunk of depreciation anyway. Having looked again at the poll, it may be as simple as the poll design is poor. The first category spans 3 years, the second (with the least votes) only spans 2 years, with 3rd and 4th categories spanning 5 and 10 years respectively. As a comparison between the actual groups it is totally useless as of course more people will own cars within a 10 year age period than a 2 year one.1) people who actually regard cars as things to own, a group which is biased towards letting other people pay the worst of the depreciation, so tends to have older vehicles aged 6 years+
2) people who prefer to hire a new one and hand it back at the end , which is your balloon of 1-3 year old vehicles.
TheBALDpuma said:
I find the fact that there is a large defecit at the 3-5 y/o car point odd. You'd have thought it would have steadily increased, then dropped off.
Maybe because its the most expensive to own category? Its at the point in life where the car is still new enough to be worth a decent chunk of its original price, but old enough to be out of warranty and need MOTing with the potential for repair bills. Something much newer can be had with a fixed monthly payment on lease etc, and something older is a lot cheaper to buy.
FWIW I've got an extended warranty on my car but when it lapses middle of next year sometime I will be seriously considering swapping it for a new or nearly new model.
va1o said:
TheBALDpuma said:
I find the fact that there is a large defecit at the 3-5 y/o car point odd. You'd have thought it would have steadily increased, then dropped off.
Maybe because its the most expensive to own category? Its at the point in life where the car is still new enough to be worth a decent chunk of its original price, but old enough to be out of warranty and need MOTing with the potential for repair bills. Something much newer can be had with a fixed monthly payment on lease etc, and something older is a lot cheaper to buy.
FWIW I've got an extended warranty on my car but when it lapses middle of next year sometime I will be seriously considering swapping it for a new or nearly new model.
gavsdavs said:
Jacobyte said:
My daily car is 26 years old: 1988 Lancia Delta integrale. 255,000 Km so far.
Fair play. That must cost a penny or two to keep on the road.Ooh, Im in the 9% of 20+ y/o DDs!
Mk1 MX5, 155k miles.
I've had 2. Both of which did my Chiswick to Watford commute faultlessly, and I do mean faultlessly.
Pretty little convertible roadster, frugal, cheap to run, entertains with the best of them and totally reliable. If you don't mind folding yourself into a little box (Im 6'3") they are very hard to beat.
Mk1 MX5, 155k miles.
I've had 2. Both of which did my Chiswick to Watford commute faultlessly, and I do mean faultlessly.
Pretty little convertible roadster, frugal, cheap to run, entertains with the best of them and totally reliable. If you don't mind folding yourself into a little box (Im 6'3") they are very hard to beat.
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