Looking to buy a brand new car
#14
Guest
Posts: n/a
Re: Looking to buy a brand new car
Dennis Wyatt wrote:
> Do you mean M3? If so you should consider the S4 not A4.
True.
> Looking at resale value should help you make a decision.
Why? Buying a car is not an investment decision. Cars cost money, and
the amount of marginal loss on the end of the life cycle of the car
(life cycle as defined by the purchaser) will be very small in
comparison to the original depreciation.
How a car drives, how it fits your driving style, and what your
expectations of reliability are make much more difference.
E.P.
#15
Guest
Posts: n/a
Re: Looking to buy a brand new car
Dennis Wyatt wrote:
> Do you mean M3? If so you should consider the S4 not A4.
True.
> Looking at resale value should help you make a decision.
Why? Buying a car is not an investment decision. Cars cost money, and
the amount of marginal loss on the end of the life cycle of the car
(life cycle as defined by the purchaser) will be very small in
comparison to the original depreciation.
How a car drives, how it fits your driving style, and what your
expectations of reliability are make much more difference.
E.P.
#16
Guest
Posts: n/a
Re: Looking to buy a brand new car
Dennis Wyatt wrote:
> Do you mean M3? If so you should consider the S4 not A4.
True.
> Looking at resale value should help you make a decision.
Why? Buying a car is not an investment decision. Cars cost money, and
the amount of marginal loss on the end of the life cycle of the car
(life cycle as defined by the purchaser) will be very small in
comparison to the original depreciation.
How a car drives, how it fits your driving style, and what your
expectations of reliability are make much more difference.
E.P.
#17
Guest
Posts: n/a
Re: Looking to buy a brand new car
> Why? Buying a car is not an investment decision. Cars cost money, and
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
#18
Guest
Posts: n/a
Re: Looking to buy a brand new car
> Why? Buying a car is not an investment decision. Cars cost money, and
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
#19
Guest
Posts: n/a
Re: Looking to buy a brand new car
> Why? Buying a car is not an investment decision. Cars cost money, and
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
> the amount of marginal loss on the end of the life cycle of the car
> (life cycle as defined by the purchaser) will be very small in
> comparison to the original depreciation.
>
> How a car drives, how it fits your driving style, and what your
> expectations of reliability are make much more difference.
To a certain extent your second paragraph is true but when spending my own
money I was as much back as possible when I sell on.
e.g. in the UK a Vauxhall Vectra or Ford Mondeo will loose approximately 50%
of their initial purchase price in the first year alone. The A4 in
comparison only looses around 30% and by the time it's 3 years old it's lost
around 50% while the others are worth about 25% of their initial price. The
GM and Ford products aren't even that much cheaper once you've spec'd up the
car the way you want it.
So I end up with a better built car that is maybe not quite as nice to drive
as a Mondeo but will be worth substantially more when I sell it.
Dave
#20
Guest
Posts: n/a
Re: Looking to buy a brand new car
Yes, but you might have paid more for it in the first place so the
actual depreciation might not be much different. i.e. 75% of 17k is
12.75k, 50% of 25k is 12.5k. It's the actual cash that counts, not the
%age depreciation.
actual depreciation might not be much different. i.e. 75% of 17k is
12.75k, 50% of 25k is 12.5k. It's the actual cash that counts, not the
%age depreciation.