Regular changers of cars
Regular changers of cars
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Discussion

anonymous-user

Original Poster:

84 months

Wednesday 4th August 2010
quotequote all
Today I found myself with a free morning and as usual I was drawn towards autotrader, pistonheads classifieds, ebay etc..

Now I have only owned my a3 a month (it was meant to be a cheap run around for 6 months or so) but I have already found myself getting bored of this car even in comparison to my previous 318i. Also,k looking around at the prices of other a3s I could protentially make myself a up to £1000 profit on my current car.

I've been thinking about doing quick turn arounds on cars to make a bit of money to get me a bit of beer money for a while as I have a quite a good eye for a bargain and being a student have a bit of free time on my hands to search for cheap cars. I made a small profit on my BMW which I kept for 6months.

Now my question is, does any one else on here buy cars to use as their daily driver but only keep then for very short periods of time and how easy is it to get rid of them? My main worry would be someone looking at the v5 and seeing such a short ownership period and getting put off. The car would have to be registered into my name for insurance reasons.

All input would be greatfully recieved.


Edited by anonymous-user on Wednesday 4th August 11:21

Carfiend

3,186 posts

239 months

Wednesday 4th August 2010
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Get something Japanese and Turbo. Bored? Well bolt on some bigger bits biggrin

Then again maybe not.

Kentish

15,169 posts

264 months

Wednesday 4th August 2010
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I used t get bored easily,I have owned over 50 cars since 1987 biggrin

I bet there are PH'ers who have owned more but everyone make jokes about my frequesnt changes.

The longest I have owned a car is 4 years and my current car for 3.25 years but it is going this weekend .......and a new one arriving of course wink

Jag-D

19,633 posts

249 months

Wednesday 4th August 2010
quotequote all
champ54321 said:
Today I found myself with a free morning and as usual I was drawn towards autotrader, pistonheads classifieds, ebay etc..

Now I have only owned my a3 a month (it was meant to be a cheap run around for 6 months or so) but I have already found myself getting bored of this car even in comparison to my previous 318i. Also,k looking around at the prices of other a3s I could protentially make myself a up to £1000 profit on my current car.

I've been thinking about doing quick turn arounds on cars to make a bit of money to get me a bit of beer money for a while as I have a quite a good eye for a bargain and being a student have a bit of free time on my hands to search for cheap cars. I made a small profit on my BMW which I kept for 6months.

Now my question is, does any one else on here buy cars to use as their daily driver but only keep then for very short periods of time and how easy is it to get rid of them? My main worry would be someone looking at the v5 and seeing such a short ownership period and getting put off. The car would have to be registered into my name for insurance reasons.

All input would be greatfully recieved.


Edited by champ54321 on Wednesday 4th August 11:21
I have done in the past and will do again when I have some expendable.

IL'm lucky because they go on my mates traders policy until sold, we usually take the main V5 in the deal and fill out the trader section so the potential owner gets a full V5.

I'm not in it for a profit though, honest guv..I just like to change cars smile

Best place to sell them is Autotrader primarily and then PH

anonymous-user

Original Poster:

84 months

Wednesday 4th August 2010
quotequote all
As much as I would love to go for something fast, I dont hit the magic 21 mark until November so my options are slightly restricted. I would potentially buy another car similar to the a3 to keep for a while in order to resell and make a few extra quid towards my 21st car fun pot.

Although , I'm getting very tempted by e46 coupes

Facefirst

1,412 posts

204 months

Wednesday 4th August 2010
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The longest I've ever kept a car is about 9 months. I do some pretty big mileage, so tend to change at about the 10k mark (6 months). That said, boring cars have never made it that long (both past cars have gone withing the 2 month period). For me, chopping and changing means that I can do the bare minimum of servicing and hopefully won't lose out too much on depreciation. I always sell a car on in better condition than when I bought it though (thanks to an anal retentive cleaning fetish), and tend to change the oil and do any bits that really need doing.

I'm hoping to one day find something that I love and want to keep for some time, but at the moment I'm getting out there and driving as many cars as possible before responsibility fully catches up and ruins it for me.

Next on the list? M3 or M5, but 3-dr Sierra Cosworths are sooo tempting (if a little out of my price range).

Maybe one day I'll stop, but there are so many great cars out there to experience!

FF

anonymous-user

Original Poster:

84 months

Wednesday 4th August 2010
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My next door neigbhbour(who has lived here for less than 12 months & is moving in weeks) has had THREE cars in that space of time, I asked him if he was happy with this one, changing it when they have moved.........

Kitchski

6,551 posts

261 months

Wednesday 4th August 2010
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44 cars in 10years since i was 16. I should be ashamed shouldn't I?

Garlick

40,601 posts

270 months

Wednesday 4th August 2010
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I have been known to change cars quite frequently, never made any money by doing so though....

8400rpm

1,777 posts

197 months

Wednesday 4th August 2010
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Trying to replace a car once every couple of years I find enough of a stressy experience.

Then again, if I was changing every few months, I wouldn't care so much about condition, history and reliability as I wouldn't be hanging onto it that long.

Maybe I've been doing this all wrong. hehe

matc

4,737 posts

237 months

Wednesday 4th August 2010
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I tend to keep mine between 10-12 months. I have a very nice company car so it's always a second car/toy and the novelty seems to wear pff pretty quickly with a lot of them.

The current one I can see staying for a while, but that's only because I bought it right and hope not to lose too much money on it, the fact it's absolutley ridiculous and makes one of the best noises known to man also helps! hehe

I'm not browsing GT3 RS's at the moment, honest!

J4CKO

46,838 posts

230 months

Wednesday 4th August 2010
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I would change it more often but I rarely use it due to cycling to work and using the people carrier for family trips but the main reason is the wife moans like fook every single time I change my car, so its easier to just keep it, will be three years in October, longers I have ever kept a car, only done 7,000 in it !

MarJay

2,180 posts

205 months

Wednesday 4th August 2010
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Garlick said:
I have been known to change cars quite frequently, never made any money by doing so though....
This, except with bikes. I've had something like 20 bikes in the last ten years. Only made a profit on the last couple I've sold.

ShadownINja

80,066 posts

312 months

Wednesday 4th August 2010
quotequote all
Garlick said:
I have been known to change cars quite frequently, never made any money by doing so though....
yes I daren't work out what my losses are but they'd probably pay for a house. irked

anonymous-user

Original Poster:

84 months

Wednesday 4th August 2010
quotequote all
ShadownINja said:
Garlick said:
I have been known to change cars quite frequently, never made any money by doing so though....
yes I daren't work out what my losses are but they'd probably pay for a house. irked
Thats whats really spured this on, when I think that I lost about £2500-3000 in depreciation alone on a boring corsa and focus over three years because my parents insisted that I should buy from dealers as private sellers are the devil... My last 6 months motoring has been compleatly free apart from 6 months tax and I was in my favourite car of the lot.

Kentish

15,169 posts

264 months

Wednesday 4th August 2010
quotequote all
Kitchski said:
44 cars in 10years since i was 16. I should be ashamed shouldn't I?
Good man, keep it up! wink

ShadownINja

80,066 posts

312 months

Wednesday 4th August 2010
quotequote all
champ54321 said:
ShadownINja said:
Garlick said:
I have been known to change cars quite frequently, never made any money by doing so though....
yes I daren't work out what my losses are but they'd probably pay for a house. irked
Thats whats really spured this on, when I think that I lost about £2500-3000 in depreciation alone on a boring corsa and focus over three years because my parents insisted that I should buy from dealers as private sellers are the devil... My last 6 months motoring has been compleatly free apart from 6 months tax and I was in my favourite car of the lot.
I can't complain about my £700 stter. In relative terms, it's a free car. Just pay £200-300 maintenance a year. I could do it myself, I suppose. </lazy git>

Snoop Bagg

1,879 posts

224 months

Wednesday 4th August 2010
quotequote all
Kentish said:
Kitchski said:
44 cars in 10years since i was 16. I should be ashamed shouldn't I?
Good man, keep it up! wink
I thought my dad (Davel) was bad with 39 Cars and 10 Motorbikes!

kavanagh

555 posts

224 months

Saturday 7th August 2010
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Thirty cars in thirteen years.

Not bad.

I had 20 cars in a two year period and the two insurance companys concerned in them years got shirty with me and suggested i go to someone else once the twelve months had passed.