| What the feck are you supposed to do if you need a new car? 13:32 - May 6 with 5018 views | FromReuserWithLove |
The market is atrocious. |  | | |  |
| What the feck are you supposed to do if you need a new car? on 13:38 - May 6 with 4665 views | BanksterDebtSlave |
Is it because nobody wants the electric ones? |  |
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| What the feck are you supposed to do if you need a new car? on 13:43 - May 6 with 4628 views | Swansea_Blue |
Get a used one? There are plenty of delivery milage ones knocking around in dealers. You can save a few bob on a new one as well. |  |
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| What the feck are you supposed to do if you need a new car? on 13:48 - May 6 with 4606 views | FromReuserWithLove |
| What the feck are you supposed to do if you need a new car? on 13:43 - May 6 by Swansea_Blue |
Get a used one? There are plenty of delivery milage ones knocking around in dealers. You can save a few bob on a new one as well. |
Sorry I meant used (new for me). Used market is about 5k over priced. | | | |
| What the feck are you supposed to do if you need a new car? on 14:00 - May 6 with 4560 views | belgablue |
Try the supermarket places - got a decent used car from Motorpoint a few years ago which was very competitively priced |  |
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| What the feck are you supposed to do if you need a new car? on 14:08 - May 6 with 4517 views | DJR |
| What the feck are you supposed to do if you need a new car? on 13:48 - May 6 by FromReuserWithLove |
Sorry I meant used (new for me). Used market is about 5k over priced. |
Absolutely, as my daughter found out when she bought her first (used) car last summer.
I had thought that the cost of living crisis might bring prices down, but it appears from what you say that that just hasn't happened.
I have in the past traded in perfectly decent cars for not much more than a thousand or so. These days such cars would probably be sold on for £10,000 or so. |  | | |
| What the feck are you supposed to do if you need a new car? on 14:09 - May 6 with 4515 views | LegendofthePhoenix |
| What the feck are you supposed to do if you need a new car? on 14:00 - May 6 by belgablue |
Try the supermarket places - got a decent used car from Motorpoint a few years ago which was very competitively priced |
there has been a massive backlog in getting parts for building new cars over the past 2 years. As a consequence, the waiting list for new cars can be 9-12 months, and low mileage / ex demonstrators are commanding higher prices than brand new (as you don't have to wait). That's been my experience. |  |
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| What the feck are you supposed to do if you need a new car? on 14:19 - May 6 with 4471 views | ronnyd |
Guy across the road from me traded in his Tesla for some Skoda milk float a few months ago. He heard yesterday that the Tesla has just been sold for £6000 less than they gave him for it.
Sometimes buying new is cheaper, but sometimes not. Depends on the make/model i presume. Quite happy with my old Vectra. |  | | |
| What the feck are you supposed to do if you need a new car? on 15:03 - May 6 with 4297 views | Plums |
| What the feck are you supposed to do if you need a new car? on 14:19 - May 6 by ronnyd |
Guy across the road from me traded in his Tesla for some Skoda milk float a few months ago. He heard yesterday that the Tesla has just been sold for £6000 less than they gave him for it.
Sometimes buying new is cheaper, but sometimes not. Depends on the make/model i presume. Quite happy with my old Vectra. |
I've had my Volvo for two years, I've put 17k miles on it and it appears to be worth at least what I paid for it if not more. Bonkers! |  |
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| What the feck are you supposed to do if you need a new car? on 15:16 - May 6 with 4201 views | Chondzoresk |
| What the feck are you supposed to do if you need a new car? on 15:03 - May 6 by Plums |
I've had my Volvo for two years, I've put 17k miles on it and it appears to be worth at least what I paid for it if not more. Bonkers! |
Exactly, I bought my wife a low mileage 5 year old Captur Auto diesel 2 years ago and it’s only lost £500. Prices are mad at the minute. New cars cost a fortune and anything decent and 2nd hand is selling for loopy money. |  | | |
| What the feck are you supposed to do if you need a new car? on 15:20 - May 6 with 4175 views | ronnyd |
| What the feck are you supposed to do if you need a new car? on 15:16 - May 6 by Chondzoresk |
Exactly, I bought my wife a low mileage 5 year old Captur Auto diesel 2 years ago and it’s only lost £500. Prices are mad at the minute. New cars cost a fortune and anything decent and 2nd hand is selling for loopy money. |
This. There are high mile bangers on Auto Trader fetching over six grand. | | | |
| What the feck are you supposed to do if you need a new car? on 15:32 - May 6 with 4119 views | Lord_Lucan |
Have you thought about leasing a new one for three years?
Some great deals about. Just had a very quick look and vanarama are doing a Vauxhall Corsa from £185 a month at the moment - plus a modest downpayment.
I’ve been looking for a while now but can’t make my mind up, was going to get a Tesla but gone off the idea of electric now, so many downsides to them at the moment.
Leasecar.co.uk also do some good deals. |  |
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| What the feck are you supposed to do if you need a new car? on 15:58 - May 6 with 4007 views | Pendejo |
Cash or finance
Budget pm or lump sum
Your annual miles
How old
Etc.
LL makes a good suggestion 're leasing, as long as you do less than 10,00 miles pa.
I'm disposing of some 4 year old S Classes, which despite having 80,000+ miles on them are going for the P11d value they had when we acquired them. Mainly because they are currently PCO licensed.
There are still some good deals to be had, you just have to work harder or be willing to accept and insurance write off (not as drastic as it sounds) [Post edited 6 May 2023 15:58]
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| What the feck are you supposed to do if you need a new car? on 16:21 - May 6 with 3902 views | Nutkins_Return |
| What the feck are you supposed to do if you need a new car? on 13:38 - May 6 by BanksterDebtSlave |
Is it because nobody wants the electric ones? |
That's an incredible hot take. The opposite is the problem and they can't make them quick enough pushing everyone into 2nd hand market while they wait for their 9-12 month EV order. | |
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| What the feck are you supposed to do if you need a new car? on 16:22 - May 6 with 3899 views | Lord_Lucan |
| What the feck are you supposed to do if you need a new car? on 15:58 - May 6 by Pendejo |
Cash or finance
Budget pm or lump sum
Your annual miles
How old
Etc.
LL makes a good suggestion 're leasing, as long as you do less than 10,00 miles pa.
I'm disposing of some 4 year old S Classes, which despite having 80,000+ miles on them are going for the P11d value they had when we acquired them. Mainly because they are currently PCO licensed.
There are still some good deals to be had, you just have to work harder or be willing to accept and insurance write off (not as drastic as it sounds) [Post edited 6 May 2023 15:58]
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Yeah I think insurance write offs can be a steal - or just runners that end up with a salvage firm after being chopped.
Got a brilliant Saab about 5 years ago for an absolute pittance - but I have to say on the flip that I bought a Santa Fe from the same place a couple of years later which turned out to be a dog. As luck would have it it eventually got driven into my neighbours wall at work by mistake and got written off.
I quite like the buzz about buying something for peanuts and seeing how it works out but I realise it’s not for everyone.
Your clutch or gearbox can go a day after your short warranty is up if you bought it from a main dealer - I’d rather risk it and risk it with Essex man.
Each to their own and fair enough. | |
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| What the feck are you supposed to do if you need a new car? on 16:29 - May 6 with 3870 views | Swansea_Blue |
| What the feck are you supposed to do if you need a new car? on 13:48 - May 6 by FromReuserWithLove |
Sorry I meant used (new for me). Used market is about 5k over priced. |
Ah yes, I see what you mean. Our 11 year old Fiat Panda local run about has gone up in value by about £1200 in the last couple of years. It’s nuts, not an easy time to be buying. | |
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| What the feck are you supposed to do if you need a new car? on 16:37 - May 6 with 3829 views | HatStand |
It's a Cinch | |
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| What the feck are you supposed to do if you need a new car? on 16:41 - May 6 with 3809 views | Swansea_Blue |
| What the feck are you supposed to do if you need a new car? on 15:32 - May 6 by Lord_Lucan |
Have you thought about leasing a new one for three years?
Some great deals about. Just had a very quick look and vanarama are doing a Vauxhall Corsa from £185 a month at the moment - plus a modest downpayment.
I’ve been looking for a while now but can’t make my mind up, was going to get a Tesla but gone off the idea of electric now, so many downsides to them at the moment.
Leasecar.co.uk also do some good deals. |
Last time I half looked at leasing, the delivery times were many months (6-9). Not sure if that’s eased now though. | |
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| What the feck are you supposed to do if you need a new car? on 16:59 - May 6 with 3736 views | BanksterDebtSlave |
| What the feck are you supposed to do if you need a new car? on 16:21 - May 6 by Nutkins_Return |
That's an incredible hot take. The opposite is the problem and they can't make them quick enough pushing everyone into 2nd hand market while they wait for their 9-12 month EV order. |
Nobody seems to want the second hand ones. | |
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| What the feck are you supposed to do if you need a new car? on 17:39 - May 6 with 3614 views | FromReuserWithLove |
| What the feck are you supposed to do if you need a new car? on 15:32 - May 6 by Lord_Lucan |
Have you thought about leasing a new one for three years?
Some great deals about. Just had a very quick look and vanarama are doing a Vauxhall Corsa from £185 a month at the moment - plus a modest downpayment.
I’ve been looking for a while now but can’t make my mind up, was going to get a Tesla but gone off the idea of electric now, so many downsides to them at the moment.
Leasecar.co.uk also do some good deals. |
Yes have considered this but do over 12k and need something to cart three kids about....so nothing seems massively attractive. Also, you feel like you're just frittering cash away. | | | |
| What the feck are you supposed to do if you need a new car? on 18:25 - May 6 with 3550 views | Lord_Lucan |
| What the feck are you supposed to do if you need a new car? on 17:39 - May 6 by FromReuserWithLove |
Yes have considered this but do over 12k and need something to cart three kids about....so nothing seems massively attractive. Also, you feel like you're just frittering cash away. |
I get that, you could say it's like renting a house rather than buying - but if you analysed it it's not. Your house will ultimately appreciate in value many many times whereas you new or second had car will always ended up being crushed.
There is no ideal answer, I bought a cheapish 2nd hand car a couple of years back for the Mrs and it runs great - although when you look at it there's always the expense you forget about along the way and you are always a bad day away from a complete engine malfunction when it ends up costing more to fix it than what it's worth - but it always gets fixed - because nothing else can go wrong with it after that can it!!
By the way, you are talking about a man who drives around in a sh1t heap but as I said, I've never cared about cars.
I was only drawn to the leasing thing when it was looking at electric but seriously, I think it's definitely worth looking at | |
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| What the feck are you supposed to do if you need a new car? on 18:39 - May 6 with 3520 views | BLUEBEAT |
I bought my 2011 BMW 1 Series for £4K about 5 years ago and the average price for same spec/model with similar mileage on Autotrader as of todays date is £6K 🤔 |  |
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| What the feck are you supposed to do if you need a new car? on 18:53 - May 6 with 3475 views | clive_baker |
It’s mental. I bought a 2 year old Q5 a few months after we were first locked down about 3 years ago. Sold it recently for 4% less than I paid for it, despite it now being 5 years old and me putting nearly 40,000 miles on it. I did get it at a keen price given the uncertainty at the time but it’s still ridiculous that it didn’t depreciate by at least 20% or so over that time.
Without doubt the most cost effective motor I’ve ever had, but I’ve had a few shockers in the past that I’ve probably moved on too cheaply so I see it as being about even all told. |  |
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| What the feck are you supposed to do if you need a new car? on 18:59 - May 6 with 3449 views | JDB23 |
Had to get a new (used) car 6 months ago, paid what I thought was a very over inflated price but sucked it up. Looked recently and the same car now is £2k more than I paid, it’s absolutely bonkers. | | | |
| What the feck are you supposed to do if you need a new car? on 21:55 - May 6 with 3283 views | jontysnut |
| What the feck are you supposed to do if you need a new car? on 14:09 - May 6 by LegendofthePhoenix |
there has been a massive backlog in getting parts for building new cars over the past 2 years. As a consequence, the waiting list for new cars can be 9-12 months, and low mileage / ex demonstrators are commanding higher prices than brand new (as you don't have to wait). That's been my experience. |
My experience too. A 21 plate car with 8k miles was not a huge amount cheaper than a new one but I'd have to wait 9 months. Couldn't do much on getting the price down either. |  | | |
| What the feck are you supposed to do if you need a new car? on 22:36 - May 6 with 3206 views | Ely_Blue |
| What the feck are you supposed to do if you need a new car? on 15:32 - May 6 by Lord_Lucan |
Have you thought about leasing a new one for three years?
Some great deals about. Just had a very quick look and vanarama are doing a Vauxhall Corsa from £185 a month at the moment - plus a modest downpayment.
I’ve been looking for a while now but can’t make my mind up, was going to get a Tesla but gone off the idea of electric now, so many downsides to them at the moment.
Leasecar.co.uk also do some good deals. |
What are the downsides to electric at the moment? That’s a very sweeping catch all statement if I ever heard one! |  |
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