Nissan GTR help

[jonah35]

Hi all

Could you please help me with a query

I'm looking at a Nissan GT-R and it appears you can buy a nice 2010 model for c.£40k. However they have high running costs, no warranty and potential for big big bills. I'd also have to pay cash as it's too old for a PCP deal.

However you can get a brand new 2017 GTR with all the benefits that entails, with warranty and no running cost issues arguably cheaper. By this I mean £18k down and £749pm. It's a Nissan offer and the new car looks great.

So by buying the new car it saves you/me £22k upfront and whilst you have a £749pm outlay that is offset by a degree with no servicing costs, no brakes, no tyres needed, no worries over bills and no MOTS etc.

Whilst I was idly thinking of buying an older GTR I'm now thinking a new car appears better value and worry free.

Thoughts welcome.....

[jonah35]

That's a fair point. I'd say I don't 'worry' about the running costs but it is a factor in my thinking.

[jonah35]

I think they're reliable but need a service every 6 months and there is always the issue of needing a big bill of thousands for brakes or something else.

I don't know much about Japanese cars so need to do reading etc but suppose that's why I'm after some guidance

[jonah35]

Yes apologies i would still need brakes and tyres on a new car but prob not for say the first 3 years if you see what I mean as all parts would be new

[jonah35]

Re the £750pm my man maths says the used one may need say £1k pa in services, £2k on bits and so on so call the used one £300pm or so in upkeep then the difference between new and old would be say £450pm which seems more palatable.

But yes this is my quandary.

[jonah35]

del mar said:

Surely man maths shows that;

Spending £40k with a return of say £25k is better than

Spending £45k with a return of ZERO.

I

Yes very true.

On the new GTR the balloon in 3 years is £41k so if the new car was £41k or less in 3 years you'd get back nothing. Hopefully it would be worth say £50k so may get some money back so net cost on new car would be say £36k

The used one may only lose say £10k (if that) but may cost say £10k in running costs so £20k net cost.

Therefore it could be closer than you think.

I suppose It all depends on residuals. The old ones may even stay level in value - I don't really know too much about jap stuff but always fancied one for some reason

[jonah35]

Ultimately it boils down to the following

What would be the running costs to do say 8k miles pa for 3 years in a 2010 GTR
What would it lose in value

What would a 24k mile GTR bought new now be worth in 3 years

Work out the difference and see if it's worth the premium for the new car

Trouble is I don't know the 3 points above lol

[jonah35]

rog007 said:

jonah35 said:

...no warranty and potential for big big bills.

If you're buying privately (after asking the seller to put it through a fresh MOT and you having put it through a specialist inspection), you can purchase a third party warranty. Might even be worth checking Nisssn if they'd warranty it (obviously then having to meet their T&Cs via an inspection/service).

If buying from a dealer, you are covered by the 'Sale of Goods' Act. And if you pay by credit card, you get additional protection there too.

Good luck!

Thanks Rog

I thought about warrantying the 2010 one but I bet that would be £150pm so then it makes the 2017 one look even better value

[jonah35]

It won't be tracked gents

What I mean is the used one will be part way through tyres and brakes etc so will need them sooner/more sets in 3 years