Drive a "used" car? How much was it new?
Discussion
It always reminds how the vast majority of cars are not a good way to spend money when I think how much used cars depreciate.
I've had a few cars but recently sold a 57 plate Audi S3 which I had for two years. Had a few owners, but still had the original invoice, £33000. I bought it at 5/6 years old for £10500.. (sold it for £9750)
I am currently driving a fully loaded 2004 mondeo tdci ghia. Only thing it doesn't have is leather and nav. List price new was £17000 11 years ago.... I paid £750 for it....
I know everyone buys a new car for x,y,z reason but I always find it funny to think someone paid X amount for this Y years ago and now its mine for a pitance!
I've had a few cars but recently sold a 57 plate Audi S3 which I had for two years. Had a few owners, but still had the original invoice, £33000. I bought it at 5/6 years old for £10500.. (sold it for £9750)
I am currently driving a fully loaded 2004 mondeo tdci ghia. Only thing it doesn't have is leather and nav. List price new was £17000 11 years ago.... I paid £750 for it....
I know everyone buys a new car for x,y,z reason but I always find it funny to think someone paid X amount for this Y years ago and now its mine for a pitance!
The first owner had it brand spanking new, under warranty and with the peace of mind that brings. You had the car after it'd been subjected to 5 years of his flatulence, nose pickings and whatever else. You also probably don't have the same peace of mind associated with running a newer car. Some people care about these things and others don't.
I now fully understand why people choose a brand new Corsa over a 15 year old M5 despite being incredulous at the idea when I was a bit younger! Reason - I naively bought a c.£25k (in 2000) Impreza Turbo for £1900 in 2012 and then learned all about the running costs and hassle of older slightly interesting cars! Won't stop me buying another (better) Impreza though!
I now fully understand why people choose a brand new Corsa over a 15 year old M5 despite being incredulous at the idea when I was a bit younger! Reason - I naively bought a c.£25k (in 2000) Impreza Turbo for £1900 in 2012 and then learned all about the running costs and hassle of older slightly interesting cars! Won't stop me buying another (better) Impreza though!
I had a 1999 Audi A8 4.2 that was about £50,000 new, it cost me £2750. It was absolutely fantastic. I've currently got an X308 Jaguar XJ8 that cost £1700, but I've no idea what they cost new. It's a 2001 car, and was sold against the E39, so was obviously considerably less than the A8 new, but I've no idea how much it actually cost.
HonestIago said:
The first owner had it brand spanking new, under warranty and with the peace of mind that brings. You had the car after it'd been subjected to 5 years of his flatulence, nose pickings and whatever else. You also probably don't have the same peace of mind associated with running a newer car. Some people care about these things and others don't.
I now fully understand why people choose a brand new Corsa over a 15 year old M5 despite being incredulous at the idea when I was a bit younger! Reason - I naively bought a c.£25k (in 2000) Impreza Turbo for £1900 in 2012 and then learned all about the running costs of older slightly interesting cars!
fI now fully understand why people choose a brand new Corsa over a 15 year old M5 despite being incredulous at the idea when I was a bit younger! Reason - I naively bought a c.£25k (in 2000) Impreza Turbo for £1900 in 2012 and then learned all about the running costs of older slightly interesting cars!
Yes, £65000 M5's that can be had for 15k now are still 65k car part expensive!
My question though is out of interest who has what, I like a bargin! Although, a bargin can turn into a pit as you suggest.
FalconWood said:
Eight years ago I bought a six month old 4500 mile Mercedes S65 with an invoice at new of £177k for £105k.. Still got it at 75,000 miles now worth about £25k. Depreciated approx £70k in first six months then a further £70k in next seven and a half years!! Bargain!!
How was it optioned up to that much!!!My Q7 was just over £80k and i paid half that at three years old and with just 16k on the clock.
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