That's it for me , I'm out.

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gavroche

Getting old but not past it
Location
North Wales
With the cost of new cars being so much , I won't be buying another one as they are out of my price range now.
Three years ago, my Dacia Stepway Sandero prestige cost me £14950 if I remember well. The same vehicle now is about £20 000. And that is just in a period of 3 years !! I think the car industry has gone mad and too greedy.
 
They seem to put a lot more stuff into cars these days. Second hand is the way to go anyway.
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
I keep my cars, although the trusty Nissan Primera I've had since 2003 has now been sold. I've spent a fair wedge on a three year old 'used van' but, like Drago, this will see me out. 15 years will take me to 70. I've not bought new since many many years ago when I got one through my dad on an employee discount.

I just need to ensure I've got a larger 'pot' for maintenance as this thing is very 'techy' for a van. Paid a bit more for a two year warranty and service pack. The thing is a bit big/heavy and technical for most DIY other than oil changes. The van isn't a daily though, it's for trips and adventures.

My dad is holding onto his Dacia Sandero Stepway - just had a big service on it. Decent enough car and they have had zero trouble. It must be about five or six years old now.
 
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Brandane

Legendary Member
Location
Costa Clyde
With the cost of new cars being so much , I won't be buying another one as they are out of my price range now.
Three years ago, my Dacia Stepway Sandero prestige cost me £14950 if I remember well. The same vehicle now is about £20 000. And that is just in a period of 3 years !! I think the car industry has gone mad and too greedy.

I have similar plans. Once I stop working (which may be imminent) I will have no need for the money pit. VED, insurance, fuel, parking, maintenance. All of them a rip off.
I live in a town centre area with easy access to free buses (until the SNP take our bus passes away), train station nearby, supermarket within walking distance.
The price of even second hand cars is crazy. I see very uninspiring cars, 5 to 10 years old, approaching 100k miles, and they are for sale at £5k to £10k... pre covid "reset" they would have been at auction for a few hundred ££.
 
Living in Canada I’ve always bought used American cars. Let someone else lease it for three years. They pay the depreciation and you get a car with under 60,000km on the clock and there’s often still some warranty left. I buy from the original dealer as he is only keeping the better stuff for sale and it costs you about half what a new one costs.

Now that I’m retired and looking at buying my last ( hopefully ) car. With the Americans no longer making cars ( trucks and SUVs only sir, gas is cheap and the environment is doing fine sir. ) I’m looking at Japanese stuff or maybe that Cadillac I’ve been eyeballing forever. I’d love to not have a car at all but it was -18C this morning and that keeps both the bicycles and the motorbikes locked up tight!
 

Emanresu

I asked AI to show the 'real' me.
Even the dealers can't believe it....

Here's a comment from a professional called TradeVet from a car dealers' forum
I thought I could value stuff,but not any more.I saw this elongated Mini Countryman with big alloys today.24 plate EV .An elderly lady got out and I was thinking who has stitched her up with that ,it must be about 35 grand. It turns out they are 58 grand ! The job has gone mad. No wonder Peter Vardy from the motor trade dynasty is jacking it in.,how many will follow ……All the best.


https://forum.cardealermagazine.co.uk/topic/10785-car-valuations/
 

a.twiddler

Veteran
I've never owned a new car, and never felt deprived. Last new motorcycle was in 1976, and I've owned loads of used ones (loads of fun, too).
Last new bicycle, 2006. Perhaps I've never been overly concerned about such things, and as I've got older I've become even less bothered.
Let those who get a buzz out of shiny new vehicles take the financial hit and depreciation, and let people like me enjoy the benefit a few years down the line. Value for money, definitely. Quality of life, certainly. Less stress, absolutely.
 
Never owned a new car

looked at the finances based on my Dad - who always had new cars but there were good reasons for that - amd I just couldn;t see the point

apart from the money - my dad had new cars always
There was a Morris 1000 - not too bad - for a moggie minor
then a Ford Cortina - pretty good
a Capri - ah yes the Capri - suspension replaced 3 times in 6 months - ended up back in Halewood factory whpo fixed it
but by then Dad was worried about it going wrong again outside warranty so he swapped it for
a Hilman Avenger - back axle dropped out of that just before we were supposed to be going to Wembley to see Liverpool in the FA Cup Final
so he swapped that for a Minx - great functional car - very basic no character

the 2 Renaults - great cars - OK the engine nearly fell out of the first one but Dad drove to the dealer and as he pulled up the chief mechanic walked out and said " go for a cuppa - I'll have it fixed in 10 minutes"
Dad obviously asked what it was and apparently the bolts holding the engine in - they had different bolts that fixed it
so there was that - but otherwise great cars

then a Honda - brilliant - just great

then it all sort of calmed down


but anyway - back to the point - if I can remember what it was
Oh yes

If you buy a used car then someone else goes through the running in thingy and finds and problems from the factory

but even then - you choose a car and the colour and all that
then the car arrives

with a used car then you see and choose the actual car itself - look at it, sit in it drive it and everything


and all that together just measn that buying a new car is not for me
 

Drago

Legendary Member
Even the dealers can't believe it....

Here's a comment from a professional called TradeVet from a car dealers' forum



https://forum.cardealermagazine.co.uk/topic/10785-car-valuations/

The buying public have themselves to blame.

They've been exploiting bank loans, then HP, and now ever more creative ways to possess a car they could not ordinarily afford, PCP and leasing being the latest wheezes.

Because people are not buying the cars themselves - the PCP finance or lease company does this - they are onky interested in the monthly payment, leaving manufacturers free to screw the prices Northwards beyond the point tpwhere the few actual private "buyers" can rarely afford.

I mean, sheet, some of the monthly payments on fairly mundane vehicles are more than my old mortgage, yet the schmucks are happy to pay and then while on the way to the airport use their £90 a month mobile phones to complain on Facebook how they can't afford o save for a house deposit.
 
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grldtnr

Über Member
The buying public have themselves to blame.

They've been exploiting bank loans, then HP, and now ever more creative ways to possess a car they could not ordinary afford, PCP and leasing being the latest wheezes.

Because people are not buying the cars themselves - the PCP finance or lease company does this - they are onky interested in the monthly payment, leaving manufacturers free to screw the prices Northwards beyond the point tpwhere the few actual private "buyers" can rarely afford.

I mean, sheet, some of the monthly payments on fairly mundane vehicles are more than my old mortgage, yet the schmucks are happy to pay and then while on the way to the airport use their £90 a month mobile phones to complain on Facebook how they can't afford o save for a house deposit.

You nailed that there Drago, honestly big I can't afford it I won't buy it, certainly won't bosh up a payment plan to have what I don't need, but that's the mentality of consumerism.
I'll put my tin hat on, sure that a lot of people bon this forum do exactly that.
P.s.
I'll not buy the tin hat, I'll use my motorcycle helmet instead :cycle:
 

Sterlo

Early Retirement Planning
Current car was newish to me, 2 years old, when I bought it 6 years ago. Looking to replace it this year, maybe with something a little smaller. The only car I ever bought with finance was my second ever car, a dreaded Montego, paid cash ever since. I grew up with the mantra from my parents, if you can't pay for it, you can't afford it and I've carried that on through my life.
 

potsy

Rambler
Location
My Armchair
Current car was newish to me, 2 years old, when I bought it 6 years ago. Looking to replace it this year, maybe with something a little smaller. The only car I ever bought with finance was my second ever car, a dreaded Montego, paid cash ever since. I grew up with the mantra from my parents, if you can't pay for it, you can't afford it and I've carried that on through my life.

Similar to me, only time I financed was when they were doing 0% interest so it made more sense to keep the money in the bank and earn some interest myself.

Current car was bought 'nearly new' from a dealer and is now 6 years old.

I will most likely look for a similar newish EV next or maybe get one more petrol car to last me to retirement.
 
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