New of used car?
#1
Forum Regular
Thread Starter
Joined: Aug 2009
Location: Sunshine Coast Qld
Posts: 53
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.
#2
BE Enthusiast
Joined: Mar 2009
Posts: 704
Re: New of used car?
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.
#3
Forum Regular
Thread Starter
Joined: Aug 2009
Location: Sunshine Coast Qld
Posts: 53
Re: New of used car?
Thanks for that tip will look into.
#4
Forum Regular
Joined: Nov 2007
Posts: 35
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.