What? Another car thread?
 

I know right.

Time has finally come to move on from the old car and make an easy left onto 'new car street'.

Question is, I have two options, which do you think to be better?

1. Buy New.
175ish, 0 downpayment, 5yr warranty, 3yr servicing. 1st yr insurance covered.
Brand new - pick the colours and all that shit.
Perhaps contribute a bit more so the bank think there is an even greater deposit paid, perhaps reducing interest rate slightly, or at least the monthly payment. (Use sale of old car for this perhaps).

2. Wait / Hunt for 2nd Hand.
130-150ish it seems.
20% downpayment.
Remainder of any warranty / servicing pack.
Wait for colour you like or take what's there? (Appears quite limited at the moment).
Lower repayments because lower loan amount. Higher interest rate, but potentially over shorter period so much of a muchness.

Option 1 is more expensive, obviously, but the selection is immediate and I could have one soon.
Option 1 with the extra downpayment, taken straight from sale of old car / savings / wherever (it's not much) seems to de-risk the negative equity up front rather than gambling back end.
Option 2 is great, if the right colour etc comes up with barely any miles on it, this year's model and available etc etc. Needle in a helmet?


Any thoughts appreciated.

Re: What? Another car thread?
 

I've had a few brand new cars in my life and the feeling of being the first to drive something is absolutely awesome.

However, economics do dictate that it makes more financial sense to let someone else take the initial "crossing the threshold" depreciation. Given the state of the market here, I think 20% drop these days would be generous; more like 30-35 in year one for some brands.

To me, its an emotional decision and I tend to err on the side of F*** it, you only live once YMMV.

Enjoy whichever way you choose to go.

Re: What? Another car thread?
 

I have had a couple of new cars since I have been here, and I have to say there is nothing like choosing colours etc etc and making it yours, and when you do pick it up from the dealer for that maiden voyage, the new car smell hits you, the colour shines like it never will again, and all you want to say to the salesman who is busy explaining shite to you is piss off please......its just a great feeling!!

However back to earth with a bump, the dreaded second hand car market is where you can get a real deal if you haggle etc, and probably get something with a bit more punch than if you bought new. Personally I would only buy again from a main dealer (with full service history), just as I do not know enough about engines etc to make a really good informed opinion, and also for peace of mind. Plus some dealers are offering very long servicing deals that go with the car to the second hand market, which could be a big saving on its own!

Anyway keep us up to date on your odyssey, so we can all chime and to some extent share the experience!

Re: What? Another car thread?
 

Yes, buying a brand new car would be sick. I've had the feeling once before but I didn't buy it....

I tend to err on the side of '**** it' too.

:unsure:

Re: What? Another car thread?
 

Have you considered leasing for 6 months or so ?

Re: What? Another car thread?
 

Always buy used. Takes a while to find a decent one but there's some real gems out there at great prices.

Used in finance is a painful process if not going through a dealer though.

Re: What? Another car thread?
 

Hold on Scamp....! There is no way we can be expected to sensibly comment on this without at least knowing what car you are looking at, and then ripping apart / disagreeing / arguing about Prados for the next 10 pages!

Spit it out!

Re: What? Another car thread?
 

Prado`s........... is Scamp Indian??

Re: What? Another car thread?
 

Interesting, I just think that it's more expensive? Especially compared to buying new with no service costs etc?

I don't disagree. My problem is impatience and a total lack of desire to go through anyone but a dealer given the amount of crooks here.

I am hunting around though, in contact with the dealer and he's looking nationwide. #TheHunt

Prado. :rofl:

So, I approached this as any good man would. I went and looked at everything, including cars that I thought I wanted, that I didn't think I'd want, that I didn't think I could afford, that I desperately wanted, that I had no idea I'd want etc.

Settled, I think, with the Mrs' input, on the Explorer.

Can't find anything as nice inside for similar, sensible money. Can't find anything in it's 'category' with anywhere near the spec, options, warranty and service pack.


Indian middle manager is the Pajero, come on Exile, senior managers get the Prado.

Also.....came very flippin' close to a 210k second hand F-Pace in red with the sick sunroof. The Mrs was convinced too in fact.

Just a bit too pricey for me to drive one day a week.:(

Re: What? Another car thread?
 

I'd suggest looking at the difference in price between a new model and a 2 year old model, then look at the difference in price between a 2 year old model and a 4 year old model.

Depending on the model, cars can depreciate at different rates. There may not be too much difference in the rate of depreciation for the period you own the car between a new car and a 2 year old car. Unlikely to be the same, but may be a lot closer than you'd think.

Re: What? Another car thread?
 

That wasn't exactly what I was getting at but you never know, he might be! It was more whenever we have a 'what car should I buy thread' it always boils down to Prados are overpriced, FJ's are ugly etc.

I'm pretty sure theres a company now where you give them the model, age, trim levels and target price and they go and hunt it down for you, even doing the negotiating, and they take a cut out of the savings.

You're gonna spend 175K on a Ford.....

Take that 175K and buy something fruity secondhand..... anything!

Re: What? Another car thread?
 

I've never disliked Ford. Good value.

I drive it twice a week, the Mrs drives it 3-4 days to school. I really wanted to splash out. I was ready to walk into Land Rover and buy a second hand Rangey or a second hand Q7 but for my sort of budget, you get something older with more miles and you're just staring at a black hole of servicing and repairs I think.

Trust me. I've thought about it solidly....but I'm trying to do this grown up thing you know?

Re: What? Another car thread?
 

Boring x 2.

So is it just that you only get 2 days a week and your Mrs gets it the rest of the time that you're not bothered? If it was flipped would it be any different? :p

Re: What? Another car thread?
 

175k is a lot of money to put down.,.. especially for a US car that depreciates very fast. Always consider the resale.

Re: What? Another car thread?
 

No. I'm fundamentally boring and sensible...coupled with unable to find anything with as good spec in it's category...multiplied by wanting to avoid plunging into big debt for a car....added to wanting to avoid buying something older, with higher mileage just to have a German badge.

I can get a very good spec Ford, brand new, for less money than a very good spec german type car with 10's of thousands of Km on it.

Re: What? Another car thread?
 

Did you consider a jeep grand Cherokee ?

Re: What? Another car thread?
 

Don't forget to look at the Japanese brands, particularly Toyota. Absolutely tons of spec for reasonable money and very little depreciates here as slowly as Toyota. I am genuinely surprised by how little my Land Cruiser has slipped sine I got it.

Re: What? Another car thread?
 

Did you take it for a spin, please tell me you did ????

Re: What? Another car thread?
 

Yep, disappointing. IDENTICAL interior to the Durango....which was disappointing. All I had to do was sit in it and realise it wasn't worth suffering just to have a V8.

Did, insisted we look at the Fortuner or 2nd hand Prado's.
None are good I'm afraid. Doors made of paper and really poor quality inside. Function over pleasantry I found....until you get to the very, very expensive ones at the top of the Land Cruiser range.

I couldn't. I'd have bought it, I know it. Having driven the old man's F Type and had an XE as a hire car before.....I just knew it wouldn't be good to drive it and try to not walk out twirling it's keys.

Re: What? Another car thread?
 

Interesting, I just bought an SRT and quite like the interior.

Re: What? Another car thread?
 

Ah, this is awkward.

Didn't you laugh at the Durango that you're now driving? :rofl:

Re: What? Another car thread?
 

Yes, I still don't like the look of the durango. :lol:

Re: What? Another car thread?
 

175k for a 2 day a week motor. It ought to be something special. All that wedge just to drive sparingly what to every other Joe is a daily beater seems all the wrong way around. If it's a daily driver 100's of km a day then you need that simple no frills thrash it and trash it approach but for a weekendy motor it really should be much more of a bling mobile. So what if it needs work from time to time, some care and attention early on should minimise any risk and when it needs work, well there's a whole 5 days they get to do it in.

A good number of top end motors at even 8-10 years old can be every bit as good as a 2 year old cheapo

Re: What? Another car thread?
 

+1 buy a ridiculous car you pussy :rofl:

Re: What? Another car thread?
 

I know what you mean but I've spent most of my adult life being a dick and spraying cash around and doing what I want and buying the more expensive version.

It will get used probably 6 days a week.

4 by her to go to work and back
1 by me to a site I visit.
1 by me to golf on a Saturday.

So call it a normal amount.

In fact. I think we do something around the 20,000km a year, based on what I've done in this one....but has come down since I've been walking to work...but still pretty much average.

Re: What? Another car thread?
 

Go back, you know you want to, it`s calling your name, you have abandoned it all for a life of tedium and mediocrity....it could be your last chance.....kid`s will come along and then that fleeting window is slammed fully in your face!!!

:eek::eek::eek::eek::eek:

Re: What? Another car thread?
 

If when you park you car you don't look back as it as you're walking away, you're driving the wrong car. No one has ever looked back at their Explorer.

Re: What? Another car thread?
 

It's a majority call I'm afraid!

Forget the Old Man Ford!

Re: What? Another car thread?
 

:rofl::rofl::rofl::rofl::rofl:

**** me.

Re: What? Another car thread?
 

Ok Scampi. For once I’ve read all of the posts and have something to say.

As you know, I drive pretty cool metal including my 9 YO XKR which I’ve owned since it came outta the factory. I have also had F brands in my garage.

When I bought the land cruiser Mrs Shed wanted something small and easy to drive so I bought the big guy.

I have driven Range rovers and other great utility vehicles and many other great cars, but the land cruiser (in our world) is a different level. It has every conceivable extra I can think of if you just want toys. I got it stuck up a dune up to its axles, presses a button, had a smoke and it was out and running again. I have driven it 800 Kma non stop and got out and went for dinner. Truly it’s an amazing vehicle. It’s a pile of dough but the deals now are stunning.

And now, the jag generally drives to the nursery because I bag the LC when in town. Why?

It’s blacked out and I can do virtually anything without getting a ticket.

I can park it (abandon it ) wherever I want without reprise. On sand, in car parks thanks to all round cameras, I could probably jus drive up the building and into the clients office and we’d be more comfortable than their Indian conference rooms.

It’s lost less than 20% of what I paid 19 months ago.

I can’t think of many countries where I could afford to insure it or put petrol in it. Carpe Diem. !!!

Re: What? Another car thread?
 

Sheddy has a point.

Re: What? Another car thread?
 

If you're already looking at the Prado, get the Prado. Amazing resale value. Who cares if Indian managers drive Prados, so do many westerners.

Re: What? Another car thread?
 

But buying one just means you can't afford a proper Land Cruiser - like people who buy XJRs couldn't afford a DB9... :p

Re: What? Another car thread?
 

I can afford to buy a nice car. I just don't care.

I came pretty close to buying a Taureg once but walked away at the last minute and got a beater Pajero for 50k. Drove it for a few years including lots of desert camping trips and sold it on for 35k and had absolutely no issues in the time I had it. I liked having that extra money dumped into my portfolio instead. But Scamp will probably get a lot more utility value out of owning a nice car than I ever will.

Re: What? Another car thread?
 

Weirdly enough I'm with you on this one.

Re: What? Another car thread?
 

But a decent LC is going to be 200k+++ and I don't want to drop that sort of cash mate, that's why I've written them off as an option.

Nah, the Prado's are horrid inside. Doors made out of cardboard and an interior that's worse than I have already.
Resale is great, but I'm keen to have something that's at least semi-pleasant to be in.

My problem is whether to buy new or wait and wait until a second hand comes in.
Getting mine cleaned to put on Dubizzle.....I can't wait :blink::blink::huh::eek:

Re: What? Another car thread?
 

Have a look at the Infiniti QX60, most comfortable car I've owned. If I didn't have a company-provided car, I would have bought another one.

Re: What? Another car thread?
 

Except you can't see out the rear window...

Re: What? Another car thread?
 

Scamp - Are you any closer at making a decision since the initial post?

Re: What? Another car thread?
 

Of course not. He's pulling a Mission.