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New of used car?

New of used car?

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Old Aug 15th 2009, 10:19 pm
  #1  
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Default New of used car?

Looking at sites in Brisbane second-hand cars seem to be quite expensive. Any views please about buying new or used cars.
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Old Aug 15th 2009, 11:50 pm
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Default Re: New of used car?

Originally Posted by nailbite
Looking at sites in Brisbane second-hand cars seem to be quite expensive. Any views please about buying new or used cars.
Depreciation rates in Oz are much lower overall than in the UK. Compare the 3-year retained value figures in "Wheels" to those from one of the UK auto mags.
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Old Aug 16th 2009, 4:42 pm
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Default Re: New of used car?

Thanks for that tip will look into.
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Old Aug 17th 2009, 5:51 am
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Default Re: New of used car?

Second hand cars really hold their value. Personally if you can afford it I'd buy new- that's what I've just done and I never bought new in the UK- always 8 to 10 month old cars. IMO if you can't buy new then I'd go really old- there is absolutely no value in 2 to 5 year old cars here.
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