would you rather an older or newer car

[dieseluser07]

If you were looking at a certain car would you rather:

get one older with more miles for 2/3 rds of the price
or a newer one with low miles

provided they both had FSH and both were in a good physical condition?

Explain why

[daemon]

dieseluser07 said:

If you were looking at a certain car would you rather:

get one older with more miles for 2/3 rds of the price
or a newer one with low miles

provided they both had FSH and both were in a good physical condition?

Explain why

Depends on the car and a load of other factors, including how much older.

[dieseluser07]

daemon said:

Depends on the car and a load of other factors, including how much older.

what would you consider a reasonable age i.e. when do cars get to that age of everything rusting and fallingoff

[ferrariF50lover]

Impossible to answer without knowing your exact circumstances.

Buy the one which represents best value overall, I suppose. Actually, this is PH, buy the faster of the two.

Simon.

[daemon]

dieseluser07 said:

daemon said:

Depends on the car and a load of other factors, including how much older.

what would you consider a reasonable age i.e. when do cars get to that age of everything rusting and fallingoff

Thats not necessarily the most important factor.

For example, i bought a 9 month old golf diesel last year, but it was important for me to have as much manufacturers warranty as possible for my £12,000 budget (car ended up costing £12,400).

So technically, based on that, i bought an older car with more miles for 2/3's the price of a new one.

However, i'd prefer my car @ £12,000 than a three year old one (and out of warranty) for £8,000 with 30K miles.

So theres a lot of variables.

[daemon]

The contrast to that is you could probably buy a new BMW on a PCP deal cheaper than a PCP deal on a two year old one, because of the incentives by the manufacturers.

[Jasandjules]

daemon said:

Depends on the car and a load of other factors, including how much older.

It's this I am afraid.

A diesel that only has done 3k per year, well, even if newer/cheaper might not be a good idea... A TVR however.....

[Patrick Bateman]

Older. I couldn't stomach the depreciation of a new or even nearly-new car.

[dwol]

Traded a 9 month old focus for a 6 year old petrol Octavia vrs back in feb only extra cost has been fuel and ved. Ive been lucky in the 17 years ive been driving ive never had one leave me stranded newish or old. Only car I made a warranty claim on was a 1 year old mondeo with dpf trouble.

[swisstoni]

Not enough info at the moment. For instance how long do you anticipate you will keep this vehicle 12 months or 12 years?
That kind of thing.

[Clivey]

Depends on the car. - I don't actually like some of the newer models as much as older ones so would rather have an older car in many cases.

When I bought the Discovery, I decided I'd rather have a last of the line 2 than an early 3. - I like to buy the "ultimate" version of a particular generation.

[sim72]

Older. I've never owned a brand new car in 29 years of driving (had a couple on lease though) and I'm pretty sure I've saved myself quite a few ££ through doing so.

This was brought into focus last year when a friend who'd bought a brand new car a year beforehand had to sell it because they were moving abroad. The depreciation was eye-watering.

[Dr Jekyll]

I'd regard half the price of a new car as close to new as I'd want to go.

[B.J.W]

If I was in the market for a high quality estate car, I wouldn't look at the current crop of executive brands with prices around the 20k mark for a decent used example - i would be putting a 1/4 of that amount into a mint W123 or W124 which would probably increase on value during ownership