"Cars are very expensive to buy in Portugal"
Jan 23rd 2022, 4:42 pm
#16
BE Enthusiast
Joined: Sep 2021
Location: Peniche
Posts: 540
Re: "Cars are very expensive to buy in Portugal"
Very true and still deals to be had in UK but Portugal is not a 'very expensive' location.
Interesting point about lease deals, using the Qashqai example over 25 months, 6,000 with similar £3k deposits, Nissan PT offer APR 7.79% £313/month, £26.6k balloon payment, Nissan UK offer APR 4.9% £372/month, £16.6k balloon payment!!
As you say lower depreciation is probably the cause but doesn't that make buying new more attractive?
Interesting point about lease deals, using the Qashqai example over 25 months, 6,000 with similar £3k deposits, Nissan PT offer APR 7.79% £313/month, £26.6k balloon payment, Nissan UK offer APR 4.9% £372/month, £16.6k balloon payment!!
As you say lower depreciation is probably the cause but doesn't that make buying new more attractive?
Buying a car a few years old still probably makes more financial sense, but rental is attractive from a "no hassle" point of view
Jan 23rd 2022, 4:49 pm
#17
BE Enthusiast
Joined: Sep 2021
Location: Peniche
Posts: 540
Re: "Cars are very expensive to buy in Portugal"
mileage is less important than it used to be.
Engineering has improved a lot in the last few decades, and mechanical parts last much, much longer.
My petrol Mercedes has 380,000km on it and my Diesel Mitsubishi 320,000km. Both engines run just fine.
Of course maintenance has been done as required; clutch, timing belt, wheel bearings, suspension parts, lots of tires, etc.
Parts fail more due to age than use, and rust remains the biggest enemy.
Check your fuel hoses!
However, the powerful Portuguese sun also does huge damage to cars parked outside. It will burn the paint off and cook the interior plastics.
A garaged car with little or no weather damage is a better deal than a low mileage car.
In my opinion at least.
Engineering has improved a lot in the last few decades, and mechanical parts last much, much longer.
My petrol Mercedes has 380,000km on it and my Diesel Mitsubishi 320,000km. Both engines run just fine.
Of course maintenance has been done as required; clutch, timing belt, wheel bearings, suspension parts, lots of tires, etc.
Parts fail more due to age than use, and rust remains the biggest enemy.
Check your fuel hoses!
However, the powerful Portuguese sun also does huge damage to cars parked outside. It will burn the paint off and cook the interior plastics.
A garaged car with little or no weather damage is a better deal than a low mileage car.
In my opinion at least.
Red paint was always notorious for sun damage and you do see some very faded red cars around, but I've not noticed too much damage on other colours? Though cars these days seem to mostly come in "pre-faded" shades of grey anyway
Jan 23rd 2022, 4:56 pm
#18
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Joined: Sep 2021
Location: Peniche
Posts: 540
Re: "Cars are very expensive to buy in Portugal"
I think rental /pcp rates are driven more by interest rates than anything else and, unlike the UK there does not seem to be the huge company car market which means second hand values remain high as there is not the regular throughput of 3 /4 year company cars being dumped in the market. Checking through sites such as Standvirtual and similar what always strikes me is the high kms that many second hand cars have, difficult to find the "Low mileage, One careful owner from new" type offering.
Jan 23rd 2022, 5:04 pm
#19
Resident Cynic
Joined: Aug 2013
Location: Suffolk,UK; Alentejo, Portugal
Posts: 14,956
Re: "Cars are very expensive to buy in Portugal"
Great little car!
Jan 23rd 2022, 5:11 pm
#20
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Joined: Sep 2021
Location: Peniche
Posts: 540
Re: "Cars are very expensive to buy in Portugal"
Jan 23rd 2022, 5:30 pm
#21
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Joined: Jun 2012
Posts: 3,032
Re: "Cars are very expensive to buy in Portugal"
Red goes first; but after a couple of years in the Mediterranean sun, the clear coat blisters up, and then it's all over.
Since labor rates are lower here, second hand cars are often re=sprayed before sale. That's ok as long as it's done properly.
If the interior is in good shape, that's a good indicator the car has been kept under cover.
Jan 24th 2022, 10:18 am
#22
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Joined: Feb 2019
Posts: 418
Re: "Cars are very expensive to buy in Portugal"
ACP also has a rental deal on that vehicle, slightly lower initial payment, slightly higher monthly, but includes everything (also insurance): https://www.acp.pt/veiculos/comprar-...nissan-qashqai
Buying a car a few years old still probably makes more financial sense, but rental is attractive from a "no hassle" point of view
Buying a car a few years old still probably makes more financial sense, but rental is attractive from a "no hassle" point of view
