Why do you feel the need to buy a new car?

PsychoPete

Montage of Feck wrote: »

Curious as to how one could or indeed want to retire at 45?

I'd happily retire now at 25 if I could

un5byh7sqpd2x0

themouthpiece wrote: »

I have a 2010 Skoda Octvaia Elegance 1.6 TDI for the last two years and cost me 6K. I never had an issue with the car and is going like its new.

It's the biggest depreciating asset you can ever own and a complete and utter waste of money.

Would you not rather travel or spend on stuff more important?

Because it's my money, and I'll spend it however I want...

astrofool

The OP wants everyone else to validate their miserable life choices.

WHY WON'T EVERYONE DO THIS?!?

Mad_maxx

The Rape of Lucretia wrote: »

Some would say it's because I have more money than sense, but actually, it's more reasoned than that - it's validates me as a person.

I can't truly afford it either, but the pcp let's me delude myself that I can.

My low self esteem - and correctly so given the low accomplishments of my life - can be masked somewhat, in my own mind anyway, by feeling that I am projecting an image of wealth and success by driving a new car. Preferably a big one, which is almost as important as its age. The problem is that many people arent well clued up on car models and their values, so having an upto date 201 numberplate is the surest way to show that I, as a person, am worth something.

Its not that I look down on people with old cars either, although there is a subtle satisfaction. It's more that I am easily able to convince myself that they do notice my fresh car, and look up to me as more successful than them.

Bottom line, all of that is good value to me for €15k every third year. To each his own I guess. Don't judge.

That's an excellent post

Mad_maxx

Mad_maxx wrote: »

That's an excellent post

Which is extremely surprising.

mickdw

Take a new passat at circa 35k. It will lose about 5k per year over first 3 years.
For that annual 5k, the owner gets zero repair bills guaranteed, little to no maintenance needed, reliability, safety, comfort and financial certainty around car costs.
Instead, someone could buy a 15k car at 3 or 4 years old. It could easily need flywheel, dpf and brakes in first year. The 15k car might depreciate at 2.5k per year so a 2.5k annual saving over the new car which could be wiped out year one with repairs mentioned.
Add in fuel efficiency of new car, safety improvements and the guaranteed hassle free running and it is clearly price worth paying for many many people. That is before you even get to people who actually like cars and are happy to put more cash in for nice driving experience.
The problem with driving a 10 Octavia is that it is so bland and boring that I just wouldn't bother.I like cars and in fact I have a second car that I'm preparing for use as a trackday car. I'm happy to put a chunk of my income into cars as I'd get far more enjoyment out of them than any holiday. I've long since figured out to only do stuff I enjoy. Nights out drinking are not my favourite pastime, car related activities are.
Saying that, I bought my current car new in 08. Has been an excellent car and is still in perfect condition although it is starting to eat up some money now on repairs even though I do most myself.
I'm now on verge of buying a year old car for circa 34k. Is it needed? Not really but if I'm buying, it will be a decent car. Life is too short for driving Octavia or as I like to compare them to - cheap jeans.

Sober Crappy Chemis

If rich people like us didn’t buy new cars, then where would all the breadline-huggers find their supply of our leftover motors (my old flaky skin, snots and other nasties included).

Guy:Incognito

Ciaranis wrote: »

Your obsession with bodily fluids is almost endearingly childlike. You walk around in the world every day and it's filthy with other people's germs. As for poo particles, have you never used a pub, restaurant or shopping centre toilet? Grow the hell up.

Your obsession with someone elses opinion on bodily fluids is odd, you need to grow up. Stop the 3rd party obsession madness.

Ush1

Who are these people who piss all over their car?

ExoPolitic

Well I bought a Citroen C4 Grand Picasso 2008 1.6HDi, for 2000 euros a year ago, no breakdowns. When I bought it I knew it needed a new rear caliper and break pads. 300 euros in repairs and needed nothing since then except a service which I did myself for under 100 euros...

I'll drive it until something comes up that is to expensive to repair, then buy another banger. The cars I have usually last three years at a time like this and they aren't bad! The car before was a 2004 BMW 320D, that was a good fun car.

You don't need the newest thing on the market to have fun with a car, or to get a good practical car, just some mechanical knowledge.

Giblet

OP I buy a new car every year and plan on retiring at 50, hope this helps.

Mad_maxx

mickdw wrote: »

Take a new passat at circa 35k. It will lose about 5k per year over first 3 years.
For that annual 5k, the owner gets zero repair bills guaranteed, little to no maintenance needed, reliability, safety, comfort and financial certainty around car costs.
Instead, someone could buy a 15k car at 3 or 4 years old. It could easily need flywheel, dpf and brakes in first year. The 15k car might depreciate at 2.5k per year so a 2.5k annual saving over the new car which could be wiped out year one with repairs mentioned.
Add in fuel efficiency of new car, safety improvements and the guaranteed hassle free running and it is clearly price worth paying for many many people. That is before you even get to people who actually like cars and are happy to put more cash in for nice driving experience.
The problem with driving a 10 Octavia is that it is so bland and boring that I just wouldn't bother.I like cars and in fact I have a second car that I'm preparing for use as a trackday car. I'm happy to put a chunk of my income into cars as I'd get far more enjoyment out of them than any holiday. I've long since figured out to only do stuff I enjoy. Nights out drinking are not my favourite pastime, car related activities are.
Saying that, I bought my current car new in 08. Has been an excellent car and is still in perfect condition although it is starting to eat up some money now on repairs even though I do most myself.
I'm now on verge of buying a year old car for circa 34k. Is it needed? Not really but if I'm buying, it will be a decent car. Life is too short for driving Octavia or as I like to compare them to - cheap jeans.

is a new VW Passat not well above 40 k if not close to 50 k ?

a well speced new skoda superb is over 40 k

Mad_maxx

some cars are hard to get second hand if you want a particular spec or just a particular car

you probably will find most cars second hand but if your options are few second hand , your chances of picking a lemon are higher , one thing buying a used ford focus , another getting a used tesla

road_high

themouthpiece wrote: »

I can easily afford a new car. pay it off in cash if i wanted to, probably five times over.

Its a pointless exercise, what i find is that people want to show off to their neighbors, but that's just me. It's usually the folk that maybe get out once a month and spend their lives between work and home, probably a summer holiday as well.

Yes, sure you can

SilverFox2

Giblet wrote: »

OP I buy a new car every year and plan on retiring at 50, hope this helps.

Can you help me retire at 70!

_Kaiser_

Read 2 pages and skipped ahead as the OP doesn't seem to want an answer/discussion. He just wants to validate his own choice and beat everyone over the head for their "stupidity" for not agreeing with it :rolleyes:

I've never owned a new car because I can't afford to. The type of cars I like, with the spec I want, are generally 70/80k plus.

Instead I have a 10 year old (tomorrow) high spec Audi A6 3.0 TDI Quattro with lots of toys that just eats the high miles I do every month (almost 400k km on it now and still running like new).

I like cars and when you do lots of driving it's important to be comfortable and so I'm very happy with what I have. Everything else goes on bills or my little lad so this was my birthday present to me a few years ago.

If it wasn't for insurers trying to price older cars off the road once they hit 10, annual NCT requirements (my car is serviced as scheduled or needed - hence the high miles and running like a train), and the point that it's hard to find another one in the same spec for the same price I paid, I'd keep it another 2/3 years as I reckon it has another 100k km in it easily.

But I'll probably start looking get something 4/5 years old this time next year. Maybe an A8 this time.

SilverFox2

_Kaiser_ wrote: »

Read 2 pages and skipped ahead as the OP doesn't seem to want an answer/discussion. He just wants to validate his own choice and beat everyone over the head for their "stupidity" for not agreeing with it :rolleyes:

I've never owned a new car because I can't afford to. The type of cars I like, with the spec I want, are generally 70/80k plus.

Instead I have a 10 year old (tomorrow) high spec Audi A6 3.0 TDI Quattro with lots of toys that just eats the high miles I do every month (almost 400k km on it now and still running like new).

I like cars and when you do lots of driving it's important to be comfortable and so I'm very happy with what I have. Everything else goes on bills or my little lad so this was my birthday present to me a few years ago.

If it wasn't for insurers trying to price older cars off the road once they hit 10, annual NCT requirements (my car is serviced as scheduled or needed - hence the high miles and running like a train), and the point that it's hard to find another one in the same spec for the same price I paid, I'd keep it another 2/3 years as I reckon it has another 100k km in it easily.

But I'll probably start looking get something 4/5 years old this time next year. Maybe an A8 this time.

I never owned a new car either and have zero desire to have one. I would prefer to be happy and have less financial strain than waisting money I do not have on a car

RobertKK

Buy an old Toyota...there is a reason terrorists love Toyota, they are so reliable.

anewme

Getting new car Jan as per usual.

I enjoy it and its something to look forward to.

What I dont get is all the negativity? If you dont want one, dont get one, but you dont need to justify yourself by putting others down.

_Kaiser_

anewme wrote: »

Getting new car Jan as per usual.

Something to look forward to.

What are you getting vs what have you now?

Bishop of hope

SilverFox2 wrote: »

I never owned a new car either and have zero desire to have one. I would prefer to be happy and have less financial strain than waisting money I do not have on a car

Everybody wastes money one way or another, if people feel like a new car and can afford it, fair play to them, let them at it if that's their thing.
Why would anyone care if people like new cars or not, if youre happy with a good used then that's OK, but if nobody bought new cars, where would the good used come from?

HappyAsLarE

I buy one for the same reason I bought a new house, a new bed, and new underwear - I don’t want anyone else’s jizz stains all over them.

anewme

_Kaiser_ wrote: »

What are you getting vs what have you now?

Getting a Skoda.

Dont want to give tmi here.

Rodin

Reliability.
Warranty.
Knowing the car hasn't been treated badly.
Peace of mind.
New technology.

Many 2nd hand cars are great but some are junk. The ordinary person may not be able to tell.

Cee-Jay-Cee

OP if everyone thought like you, you would have no car as people wouldn’t buy new cars therefore there would be no used cars to buy and the price of second hand cars that do come up for sale would be extortionate.

_Kaiser_

anewme wrote: »

Getting a Skoda.

Dont want to give tmi here.

Ah I'm just curious if it's just going from a 191 to a 201 but the same type of car, or going up/down a size or class.

There's the guy people post about on the motors forum who every year buys a new Ford Focus. His money his choice and all but that seems pointless and a waste of money to me.

If you're paying money for a brand new car, you should be getting more than you have IMO

TheAnalyst_

i like cars and it makes financial sense.

Bishop of hope

Rodin wrote: »

Reliability.
Warranty.
Knowing the car hasn't been treated badly.
Peace of mind.
New technology.

Many 2nd hand cars are great but some are junk. The ordinary person may not be able to tell.

I think if you buy a car with a recent test now it's fairly safe to assume it's not too bad.
It was more of a minefield before the test system.

BENDYBINN

HappyAsLarE wrote: »

I buy one for the same reason I bought a new house, a new bed, and new underwear - I don’t want anyone else’s jizz stains all over them.

I’m the same...I never stay in a hotel or go on holidays or eat in a restaurant on use public transport or go to mass ect ect ....

Bishop of hope

Bishop of hope wrote: »

I think if you buy a car with a recent test now it's fairly safe to assume it's not too bad.
It was more of a minefield before the test system.

It’s better but the engine could still calve a week after the test.

Bishop of hope

BENDYBINN wrote: »

I’m the same...I never stay in a hotel or go on holidays or eat in a restaurant on use public transport or go to mass ect ect ....

Ah well you can afford a new car so, the Sunday collection from mass saved is a big help.

Bishop of hope

ReginaldSmythV wrote: »

It’s better but the engine could still calve a week after the test.

Woman beside me had her brand new Peugeot engine blow up after six months, I know, warranty, but I always buy something with warranty in around 5yo when I change.
Changed to a Nissan quashqai this year 15 reg with 12 mths warranty, a little more than half new price.
My last one was an 07 passat bought in 12, never gave me a bit of trouble

Guy:Incognito

BENDYBINN wrote: »

I’m the same...I never stay in a hotel or go on holidays or eat in a restaurant on use public transport or go to mass ect ect ....

Buying a car is a reasonable thing for people to do. Most cant afford to buy their own house in any country/town they want to visit though.

road_high

anewme wrote: »

Getting new car Jan as per usual.

I enjoy it and its something to look forward to.

What I dont get is all the negativity? If you dont want one, dont get one, but you dont need to justify yourself by putting others down.

Jealousy basically

road_high

Bishop of hope wrote: »

Woman beside me had her brand new Peugeot engine blow up after six months, I know, warranty, but I always buy something with warranty in around 5yo when I change.
Changed to a Nissan quashqai this year 15 reg with 12 mths warranty, a little more than half new price.
My last one was an 07 passat bought in 12, never gave me a bit of trouble

What type year Peugeot?

anewme

_Kaiser_ wrote: »

the guy people post about on the motors forum who every year buys a new Ford Focus. His money his choice and all but that seems pointless and a waste of money to me.

Youd be surprised how many do this.

I know someone who not only gets the same model, but the same colour.

road_high

Bishop of hope wrote: »

I think if you buy a car with a recent test now it's fairly safe to assume it's not too bad.
It was more of a minefield before the test system.

NCT tells you very little - car could have a massive underlying issue like a head gasket about to blow and the NCT won’t show it

road_high

anewme wrote: »

Youd be surprised how many do this.

I know someone who not only gets the same model, but the same colour.

Once you keep “up in the years” the cost to change will be less

Bishop of hope

road_high wrote: »

What type year Peugeot?

A 3008, a couple of years ago

Maewyn Succat

themouthpiece wrote: »

No, I have more money than i know what to do with to be honest. A car is a depreciating asset. Probably the worst thing you can spend money on.

I like to invest my money where i get a return.

Sounds like you'll be the richest man in the graveyard going by your posts I've seen on boards so far.

anewme

Maewyn Succat wrote: »

Sounds like you'll be the richest man in the graveyard going by your posts I've seen on boards so far.

I think he's already left the building.

lalababa

If one has an honest /good /methodical old-school mechanic.
Then one can acquire a splendid/reliable/well serviced car , that has almost as much and as little chance of breakdown as a new or nearly new car, for peanuts. And by peanuts I mean less than 1k.
One can drive on in this 1k splenderbus for several years trouble free as long as it is properly serviced.
How much moola can one save whilst doing so?
New car: depreciation of 50% over 5 years. e.g. A 20k saloon costs 10k over 5 years
Old car: depreciation of sfa over 5 years.e.g. A 1k saloon costs 0.5k over 5 years.
That's a saving of 9.5k .
I just bought a nearly new car and TBH I'd rather me old one 😭 coz of a few little things.
But the main one is depreciation.

facehugger99

I presumed it was well established at this stage that new car buyers have small penii and are seeking to compensate.

Sir Osis of Liver.

My Honda is 16 years old.
No plans to change it.
Taught myself how to maintain it with Youtube and Facebook groups.
Doesn't cost me anything in repayments just high 2litre petrol costs and the robbery that is tax.

Can't see myself ever buying a new car tbh,too much depreciation.

Wibbs

Your money, your choice. End.

Personally I'd never buy a new car*. And I genuinely mean that if "money were no object". The depreciation hit is too much and just wouldn't sit well with me. Plus for the same money as new you'd get a car a few years old that has taken that hit and it also means you'd go up in the quality, spec and extra "toys" and when you'd come to sell it you'll take less of a hit again(The safety aspect I can understand, but a two or three year old car with a high rating is no less "safe" than a brand new one). I suppose if you got on the new car treadmill outa the gate and are invested in it down the years and getting new every couple of years is just a little extra, or merely an extension on your loan with no extra outlay I can see it alright.

Then again those in the thread going on about bodily fluids. Please god let them be joking... Or are they those Sheldon Cooperesque hand washing types with OCD? Jesus.






*I drive a 21 year old car, but that's almost entirely by mistake. An odd set of circumstances. If they hadn't happened I'd have changed out every 4 or 5 years and would likely now be driving some secondhand BMW M series, like many middle aged Irish guys. 3 door for the singletons, 4 door for the family types.

BENDYBINN

facehugger99 wrote: »

I presumed it was well established at this stage that new car buyers have small penii and are seeking to compensate.

Some new car buyers have no penii’s at all!

anewme

BENDYBINN wrote: »

Some new car buyers have no penii’s at all!

When I last looked thankfully

Mike9832

mickdw wrote: »

Take a new passat at circa 35k. It will lose about 5k per year over first 3 years.
For that annual 5k, the owner gets zero repair bills guaranteed, little to no maintenance needed, reliability, safety, comfort and financial certainty around car costs.
Instead, someone could buy a 15k car at 3 or 4 years old. It could easily need flywheel, dpf and brakes in first year. The 15k car might depreciate at 2.5k per year so a 2.5k annual saving over the new car which could be wiped out year one with repairs mentioned.
Add in fuel efficiency of new car, safety improvements and the guaranteed hassle free running and it is clearly price worth paying for many many people. That is before you even get to people who actually like cars and are happy to put more cash in for nice driving experience.
The problem with driving a 10 Octavia is that it is so bland and boring that I just wouldn't bother.I like cars and in fact I have a second car that I'm preparing for use as a trackday car. I'm happy to put a chunk of my income into cars as I'd get far more enjoyment out of them than any holiday. I've long since figured out to only do stuff I enjoy. Nights out drinking are not my favourite pastime, car related activities are.
Saying that, I bought my current car new in 08. Has been an excellent car and is still in perfect condition although it is starting to eat up some money now on repairs even though I do most myself.
I'm now on verge of buying a year old car for circa 34k. Is it needed? Not really but if I'm buying, it will be a decent car. Life is too short for driving Octavia or as I like to compare them to - cheap jeans.

Yes buy new or buy cheap with no depreciation

People paying 15k for out warranty cars are taking a big risk

Sober Crappy Chemis

facehugger99 wrote: »

I presumed it was well established at this stage that new car buyers have small penii and are seeking to compensate.

Could be true, but those small penii still produced the crusty smegma that you will have embedded somewhere in your ‘bargain’ secondhand car.... big boy

2lazytogetup

themouthpiece wrote: »

I have a 2010 Skoda Octvaia Elegance 1.6 TDI for the last two years and cost me 6K. I never had an issue with the car and is going like its new.

It's the biggest depreciating asset you can ever own and a complete and utter waste of money.

Would you not rather travel or spend on stuff more important?

why do people buy big 'elegant' cars. ive a 1999 nissa micra 1.2l. cost me 50euros. those 2010 octavias are a complete waste of money. cost 6k. will depreciate by half every 3 years. that 1k a year!!!!

why pay for gym membership, you can stay at home and do push ups/ sit ups.

why go to a restaurant. you can buy tesco value vegetables.

why buy label clothes, you can get great clothes in penneys.