The misunderstanding of the cost of modern cars

[okie592]

i dont get why people moan about loosing money on a brand new car. its very rare you will find the car you really want in the spec you want used.
Ive been looking for a humble ford focus 1.8tdci with xenons and recaro leather. but no. no 8000 bogos

[Jonty355]

thinfourth2 said:

Or


+


Both brand new and both with a warranty

And neither in resale grey and change from your 40Grand

Actually thats a very good suggestion..... Anybody want to buy a 355?

[Welshbeef]

Dave Hedgehog said:

otolith said:

Jesus, I thought Ocado delivered everywhere now?

i aint paying £5 for delivery!

Lol you tool.

How much does it cost to get there and back
The risk of trolly damage or someone opening their door into your car
How much do you value your free time walking round a supermarket then waiting to pay then car park getting out of nightmare.
Also best bit of all you don't buy anything you don't really need you have a strict list so you will not be wasting any grub.
Lastly with Waitrose spend over £50 it's free delivery and given average weekly food shop is £100 seems a no brainer.

[HairbearTE]

Four years ago the pound got walloped on the exchanges and that is the reason for the rise in prices compared to 5-10 years ago. I had a new Z28 Camaro with 300hp LS1 and 6-spd box, leather, premium Bose system for £22,800 in 2000 and in 2003 a new Clio 172 for £12,800. Those days are now gone and i'm not sure i'd buy new again. Was looking at a Mazda 3 MPS, 24K ish new or 2 year old with very low milage for nearly half that. Only reason people ae still buying new is to stay in the lease-purchase loop.

[Dave Hedgehog]

Welshbeef said:

Dave Hedgehog said:

otolith said:

Jesus, I thought Ocado delivered everywhere now?

i aint paying £5 for delivery!

Lol you tool.

How much does it cost to get there and back
The risk of trolly damage or someone opening their door into your car
How much do you value your free time walking round a supermarket then waiting to pay then car park getting out of nightmare.
Also best bit of all you don't buy anything you don't really need you have a strict list so you will not be wasting any grub.
Lastly with Waitrose spend over £50 it's free delivery and given average weekly food shop is £100 seems a no brainer.

woooshhhhh

i was joking

i have to take the MIL shes 88 and cant cope on her own and cant see that well but she likes to choose her food for the week


door dents .... tell me about it, 1000s worth of damage done to my cars by chavs in supermarket carparks in the last 15 years, including having the side of my CTR stove in by a mum in a Chelsea tractor ..

i pick my places and would end up in the bad parking thread and dont care

Edited by Dave Hedgehog on Sunday 12th February 21:53

[Welshbeef]

With new car prices rising it also means used car prices will be stronger. Thus there will be a point in time whereby this and recent years increases will hit the lower end of used car buyers. To those people they may be forced to invest double their usual on the replacement cars or would have to run a car for longer

[LuS1fer]

You save far more than the delivery cost - at the supermarket, you will chuck in at least £20-£30 of offers and sweet rubbish you don't need.

[Vladimir]

Globs said:

Could've stayed in a hotel for rather less - that's what I do

We've yet to find any with views like this...;)



or this



Etc, etc. But I know what you mean - we discussed it many times before buying ours!

[J4CKO]

g7jhp said:

[quote=Jonty355]£40k


Or



And before anyone mentions running costs, consider the fact that the Ferrari has finished depreciating, where as the Golf in a few years will be worth about 20p!

Spot on.

Buy a 'future classic' which had good reviews when new when it's 8-10 years old as it will have done most of it's depreciation. Low depreciation leaves you free to spend your money on running it and it'll still be worth something when you come to sell.

I have done this in a smaller way with a 1991 944 Cab, as long as it doesnt produce any enormous bill sits £215 a year to tax, £262 to insure, £45 for an MOT and wont depreciate, well, the most if can lose is £4250 and then someone with a newish diesel Vauxhall will comment on the 22 MPG, not all that relevant when I only do 2,000 a year, ok, its light years behind in terms of creature comforts but its a fun drive and a bit more interesting.

[CliveM]

New cars seem to be reasonably priced compared with historic values.
I think the difference is that used cars are so much better these days - MUCH more reliable and able to cope with 100k+ miles / 10+ years with ease.
As a result they're still on the roads and used cars are unbelievably good value.
If you live with it every day you tend not to see it - go abroad and see what you have to pay and then look at UK classifieds - it's like being a kid in a toy shop!

Also I guess having historically low interest rates makes finance cheap and stokes new price inflation, I hadn't thought about the "it's only another 50 quid" a month argument for new prices before.

[Globs]

Vladimir said:

Globs said:

Could've stayed in a hotel for rather less - that's what I do

We've yet to find any with views like this...;)



or this



Etc, etc. But I know what you mean - we discussed it many times before buying ours!

Great views! I do fancy a camper TBH, but whenever I look at the figures it makes no sense to me.
Also I just love being connected to the main drain, national grid and being able to stand up straight
My latest strategy is to travel by maxi-scooter and stay in B&Bs, so I get the views and the rest

[Gaspode]

Globs said:

Great views! I do fancy a camper TBH, but whenever I look at the figures it makes no sense to me.
Also I just love being connected to the main drain, national grid and being able to stand up straight
My latest strategy is to travel by maxi-scooter and stay in B&Bs, so I get the views and the rest

I would definitely agree that a camper van /motor home is pretty hard to justify in financial terms. But if you can afford one and got somewhere to keep it, they are wonderful things to have available.

[Chris71]

Toaster Pilot said:

Chris71 said:

I'm sure that is a factor, but I get the impression they're rising quicker than that. I think some of it comes down to our expectations - wind up windows and rattly trim were acceptable in a basic hatchback 10 years ago, but now questions are being asked if your entry level car doesn't come with AC and Bluetooth.

My dad bought a brand new Kia Rio for £6900 - fair bit cheaper than a new Corsa (and bigger) but very, very basic.

Yep, I think that's about what my mum paid for her Saxo barely 10 years ago. That was a great little car and huge fun to drive, but the closest it came to luxury was a CD player.

[Deva Link]

Chris71 said:

Toaster Pilot said:

Chris71 said:

I'm sure that is a factor, but I get the impression they're rising quicker than that. I think some of it comes down to our expectations - wind up windows and rattly trim were acceptable in a basic hatchback 10 years ago, but now questions are being asked if your entry level car doesn't come with AC and Bluetooth.

My dad bought a brand new Kia Rio for £6900 - fair bit cheaper than a new Corsa (and bigger) but very, very basic.

Yep, I think that's about what my mum paid for her Saxo barely 10 years ago. That was a great little car and huge fun to drive, but the closest it came to luxury was a CD player.

I paid £7,700 for a Peugeot 106 1.1XL (that was the middle of 3 trim grades - the extent of the 'upgrade' was, I think, it had fully covered door trims instead of bare metal) in 1991. Good car - sold it privately in 1998 for £3500. Sound good, but the replacement Clio was £12K.

[1981linley]

Deva Link said:

Swoxy said:

Was that a run out model to get rid of the old 1.4 before a replacement engine was introduced?

Yes. But is shows what they can do, even with a decent equip level, nice alloys etc. I still can't quite believe it, to be honest.

I did humm and harr about the 1.4TSi Match, but £6K more was too much. And reading about the issues with that engine makes me even more glad I didn't get it!

Congratulations on not buying a stupidly named car like the Golf Match....I mean would you...really...taken back to it's base level think of what image this conveys..taken literally this would be like buying a car called a Rugby Match, Football match or Fishing Match. Can anyone think of a more stupidly named vehicle except perhaps the Fiat Panda or Mazda Bongo?

[1981linley]

Cars now are as cheap as chips...well fags.... as a proportion of annual or monthly income compared to ever before. I use this as an example with the kids I teach everyday. You could smoke 20 a day at a cost of getting on for £7 a day, which times by 7 is £49 per week or circa £200 per month. Over 5 years that could be a £10000 to £12500 brand new car depending on the interest rate. Some man maths involved there I.e a bit convenient rounding...but it puts things into perspective. Alternatively the money could be spent on a 2-3 year old barge that retailed at £30000 new.

[LukeBird]

^^ It's true, but people don't think like that do they?
As mentioned it's just a monthly cost and that's all they see.

[Robsti]

1981linley said:

Congratulations on not buying a stupidly named car like the Golf Match....I mean would you...really...taken back to it's base level think of what image this conveys..taken literally this would be like buying a car called a Rugby Match, Football match or Fishing Match. Can anyone think of a more stupidly named vehicle except perhaps the Fiat Panda or Mazda Bongo?

A car named after a City in Portugal ?

[StottyZr]

I don't think prices have changed as much as many think. I had a debate with a friend at the weekend, I thought the 458 Italia was a lot more expensive than the 360 when it was released. The 360 was £105,000 in 1999, the Italia £170,000 today.

Factoring inflation the 360 is very close to £150,000 in todays money. Not a huge difference really, even though on the face of it, it seems so.

[mccrackenj]

RenesisEvo said:

DoctorX said:

The list price of an Escort LX TD in 1995 (17 years ago!) was the best part of 15K.

In today's money that's £23.4k. If anything you get better cars for your money than ever.

In 1990 a Ford Orion 1.3 'Equipe' was £9600. Compare the spec of that vehicle to it's equivalent today. I was young and stupid . .