Is now the time to buy new?
Is now the time to buy new?
Author
Discussion

richatnort

Original Poster:

3,198 posts

159 months

Friday 22nd October 2021
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I know there's long delays on cars, etc but I am thinking of getting something new and I wonder if now is the right time?

With second hand cars so high and my car now is worth more than what I paid for it, is it worth putting a deposit down? I'm thinking the new car might not depreciate as much especially if I look at a plug in hybrid with them being so trendy at the minute.

Just thought I'd see what others thought?

As a example I'm thinking of either a 530e or a 540i

I know completely different cars but on the configurator there's 2k in either.

SydneyBridge

11,568 posts

186 months

Friday 22nd October 2021
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How long is the wait to get a new car?
If you can get one asap then good, but I would suspect not

The Rotrex Kid

34,575 posts

188 months

Friday 22nd October 2021
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If you can get one. Stock is scarce for most brands.

colin79666

2,208 posts

141 months

Friday 22nd October 2021
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Depends on the model. Some stuff is in stock if you look hard enough/don’t need a bespoke spec of factory options. I got a new Suzuki Swift Sport last month in under a week after selling my Fiesta ST for a nice profit.

valiant

14,026 posts

188 months

Friday 22nd October 2021
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If you can get a stock car, it makes a lot of sense over nearly new (or even a 1-2 year old example) at the moment. Your problem will be if you have to order one. Be prepared to wait and wait and wait….

richatnort

Original Poster:

3,198 posts

159 months

Friday 22nd October 2021
quotequote all
Yeh I keep looking at stock cars but there's not many to be honest just interesting to see what is about really.

ZX10R NIN

30,461 posts

153 months

Saturday 23rd October 2021
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It all depends on what your looking for & does it have to be a particular brand?

craigjm

21,270 posts

228 months

Saturday 23rd October 2021
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Would work with a stock car and offload yours to the likes of WBAC but if you’re in to build slots then the madness on used cars will be over by the tile you trade in unless you sell now and buy a shed / walk more in the meantime

richatnort

Original Poster:

3,198 posts

159 months

Saturday 23rd October 2021
quotequote all
ZX10R NIN said:
It all depends on what your looking for & does it have to be a particular brand?
Unfortunately definitely has to be a bmw 5 series. None of the others really do anything for me. Had a bmw before and honestly it's the best car I've ever had. In a volvo at the minute and hate it. Looks stunning but it's a pile of crap mechanically

sociopath

3,433 posts

94 months

Saturday 23rd October 2021
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We (well the better half) is getting Mustang mach-e.

Ordered at end of September looking at a Feb delivery date, since then it's been coming down and expected date is now 25th December.

Advantage of new is of course you get the spec you want, and you don't have to deal with mouth breathers selling - just the mouth breathing official dealers

dunc69

910 posts

275 months

Saturday 23rd October 2021
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If you can find a 530e in stock with the spec you want (good luck!), then now is probably the time.

I've recently bought a 530e (2018) and love it!

richatnort

Original Poster:

3,198 posts

159 months

Saturday 23rd October 2021
quotequote all
dunc69 said:
If you can find a 530e in stock with the spec you want (good luck!), then now is probably the time.

I've recently bought a 530e (2018) and love it!
Good to know I'm really not spec fussy to be honest as long as it has heated seats, memory seats and decent sound system (which looks like it comes standard on the 5 series) the rest doesn't bother me haha

What electric range do you really get from yours?

richatnort

Original Poster:

3,198 posts

159 months

Saturday 23rd October 2021
quotequote all
Well this idea is out the window.

BMW just quoted £940 a month for a 52k 530e which I'm shocked about especially as I'm paying £300 a month for my V90!

nickfrog

25,162 posts

245 months

Saturday 23rd October 2021
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We bought a new Kia Xceed a few months ago. It was in stock and 22% off list through a broker, as I don't think they're very popular (which is strange considering how good they are). It's already lost about £1,000 in 4 months from WBAC but it was still cheaper than second hand and Cazoo would still give us a bit more than what we paid for which is weird. I am expecting £10k depreciation in 7 years, the length of the warranty.

dunc69

910 posts

275 months

Saturday 23rd October 2021
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richatnort said:
dunc69 said:
If you can find a 530e in stock with the spec you want (good luck!), then now is probably the time.

I've recently bought a 530e (2018) and love it!
Good to know I'm really not spec fussy to be honest as long as it has heated seats, memory seats and decent sound system (which looks like it comes standard on the 5 series) the rest doesn't bother me haha

What electric range do you really get from yours?
I think all will have heated memory seats. Not all will have the Harman Kardon sounds.

Find a used approved one? I did. Because I had just sold my last car for strong money, it offset the asking price of the BMW.

dunc69

910 posts

275 months

Saturday 23rd October 2021
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richatnort said:
Well this idea is out the window.

BMW just quoted £940 a month for a 52k 530e which I'm shocked about especially as I'm paying £300 a month for my V90!
Ouch. So, used approved as above?

richatnort

Original Poster:

3,198 posts

159 months

Sunday 24th October 2021
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dunc69 said:
Ouch. So, used approved as above?
That was an approved used admittedly it was 6 months old but they're retailing at 45-56k plus bmws terrible 8.9% Apr didn't help. Hoping things start to dip now so we can get in one.

I might look at new as there's far more dealer contributions towards new. Have emailed TRL too see what he can offer.

dunc69

910 posts

275 months

Sunday 24th October 2021
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richatnort said:
dunc69 said:
Ouch. So, used approved as above?
That was an approved used admittedly it was 6 months old but they're retailing at 45-56k plus bmws terrible 8.9% Apr didn't help. Hoping things start to dip now so we can get in one.

I might look at new as there's far more dealer contributions towards new. Have emailed TRL too see what he can offer.
Good luck!

Glasgowrob

3,344 posts

149 months

Sunday 24th October 2021
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if your getting the 5 the HK audio isnt worth the extra expense,

your better putting the same money to wards an aftermarket upgrade for far better performance,

(got a G31 with HK and its bitterly dissapointing for what its billed as.

Dohnut

678 posts

74 months

Sunday 24th October 2021
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I'm on the cusp (finally) of FTK on an XC90 and going new makes sense for me.

Nearly new dealer stock isn't much cheaper in the current climate and manufacturer discounts/cheaper APR rates on new, especially if financing, means there's not a lot in it.

I am being told Mar22 delivery if I order now but that suits me fine.