buying and selling a car versus leasing/hiring

[fido]

I'm planning to work abroad at some point next year and wondered about the best way to acquire some decent wheels (M2, M3, TT RS etc.) for a period of say 6 months until I decide I don't need to the car any more. Maybe I've already answered my own question - as I could just buy said vehicle and hope I can sell the vehicle (minus depreciation) when I need to dispose of, perhaps to the same dealer, but wondered if anyone has done similar but through a more formal arrangement?

[David87]

Apologies if I've failed my reading comprehension test, but are you looking to get the car before you go abroad or whilst you are away? If the latter, bear in mind that getting finance on a car in a new country will be very difficult as you essentially have no credit history.

[fido]

Ah, on re-reading my post it is quite confusing. What I meant is that I buy a car now and in the future (say 6 months time when I go to work abroad) dispose of car - hiring is too expensive. So I thought just buy the car (outright / finance) and sell it back to same dealer?

[PenelopaPitstop]

You will lose on depreciation and trade-in price. You will buy at retail price but dispose of at trade-in price. The older car you buy, the lower loss.

[fido]

Fair enough - wasn't planning on spending much more than 25k on a M3 or Audi TT RS so well into >5 years old territory anyway.

[ChasW]

Aren't there firms that specialise in short term leases? ie contracts that have been terminated early for whatever reason.

[Integroo]

I'd imagine you'd lose a bomb. Check the WBAC value of the car before you buy and confirm you'd be happy at selling it at probably a chunk less than that at six months.

[cootuk]

Why not just get a cheap snotter if it's only for 6 months, then throw it into auction or on facebook selling when you need rid?