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-   -   Car Ownership cost USA v UK (https://britishexpats.com/forum/usa-57/car-ownership-cost-usa-v-uk-905602/)

chawkins99 Nov 13th 2017 1:49 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by Pulaski (Post 12379669)
Er, that's hardly objective data. Tyre manufacturers have a vested interest in selling more tyres!

Same for the data you cited the other day, on tyre age. It used to be said that tyres were good for ten years, now mysteriously that has dropped to six years! :rolleyes:

Obviously, one incident doesn't prove anything but...

I had a travel trailer for 8 years. During year 7, I had 2 blowouts during one trip. I replaced all 4 tyres ASAP. The OEM tyres weren't from leading manufacturers.

On the RV forums, 7 years is the generally accepted rule where most RVs will never wear out their tyres before they age out.

petepete99 Nov 13th 2017 2:01 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by Pulaski (Post 12380578)

Next you'll be telling us that a "Merc" is a Mercury! :rolleyes:

Don't they call it a "Benz"?

Nutmegger Nov 13th 2017 2:13 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by petepete99 (Post 12381029)
Don't they call it a "Benz"?


When I had my dear old 1968 200 with the baby fins, that's what my USC OH's friends called it, while to me it was a Merc!

BenK91 Nov 13th 2017 2:40 pm

Re: Car Ownership cost USA v UK
 
All I'm thinking of now is Alan Partridge...


"Aha! A fellow Lex-eye driver"


"Well you know, they do say Lexus is the Japanese Mercedes"


:lol:

mrken30 Nov 13th 2017 3:28 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by BenK91 (Post 12381050)
All I'm thinking of now is Alan Partridge...


"Aha! A fellow Lex-eye driver"


"Well you know, they do say Lexus is the Japanese Mercedes"


:lol:

I would prefer an Infiniti to a Lexus, if I had to choose.

BenK91 Nov 13th 2017 3:32 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by mrken30 (Post 12381091)
I would prefer an Infiniti to a Lexus, if I had to choose.

I had an Infiniti as a rental once, wasn't bad at all.


They're owned by Nissan I believe?

petepete99 Nov 13th 2017 4:36 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by BenK91 (Post 12381095)
I had an Infiniti as a rental once, wasn't bad at all.


They're owned by Nissan I believe?

Yup. Each of the big three Japanese manufacturers have a premium brand:

Honda > Acura
Toyota > Lexus
Nissan > Infiniti

BenK91 Nov 13th 2017 4:43 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by petepete99 (Post 12381154)
Yup. Each of the big three Japanese manufacturers have a premium brand:

Honda > Acura
Toyota > Lexus
Nissan > Infiniti


Interesting to know, it certainly wasn't a bad car.


Cockpit felt like a nice place to be and it had some go.


Significantly nicer than the Cadillac they gave me last time.

tom169 Nov 13th 2017 4:48 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by petepete99 (Post 12381154)
Yup. Each of the big three Japanese manufacturers have a premium brand:

Honda > Acura
Toyota > Lexus
Nissan > Infiniti

I always thought Lexus > Toyota

petepete99 Nov 13th 2017 5:08 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by tom169 (Post 12381164)
I always thought Lexus > Toyota

The arrows should point the other way :thumbup:

MorsePacific Nov 13th 2017 9:42 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by petepete99 (Post 12381029)
Don't they call it a "Benz"?


Yeah, my girlfriend's mum has an older E-Class that we were discussing yesterday, and her aunt just bought a new one ... it was always 'Benz' where I was talking about 'Merc'.

So how are newbies to the US buying these things? Plenty of cash down?

My understanding was that with zero credit history, I'd get laughed out of town. I did contact a BMW dealer in Oyster Bay on Long Island (inadvertently) and they didn't seem so concerned about my lack of credit, more that any lease deal would run longer than the visa I was here on ...

Jaag Nov 14th 2017 6:32 pm

Re: Car Ownership cost USA v UK
 

Originally Posted by MorsePacific (Post 12381380)
So how are newbies to the US buying these things? Plenty of cash down?

My understanding was that with zero credit history, I'd get laughed out of town. I did contact a BMW dealer in Oyster Bay on Long Island (inadvertently) and they didn't seem so concerned about my lack of credit, more that any lease deal would run longer than the visa I was here on ...

That sounds correct, they'll just want a letter of employment showing you earn enough.
I suspect people on visa's are low risk for them, as we'll likely be higher-than-average earners, and expected to follow the letter of the law in fear of our residency status.

Unlike a repayment loan, it's not recommended to put money down on a lease, it will give the monthly payments a nicer headline figure for the manufacturer to sell to you, but my understanding is the downpayment isn't "insured" due to the way leases are structured, should you total the vehicle. (if anybody has specific knowledge to confirm or disprove my understanding, please do)

i.e. compare two scenarios of a 36 month lease costing $12,600, where you total the car in month 3.

1) $9k down, $100/month - month 3 you have paid out $9,300. Insurance pays out the remaining $3,300 to end the lease (+FMV) to finance company
2) zero down, $350/month - month 3 you have paid out $1,050. Insurance pays out the remaining $11,550 to end the lease (+FMV) to finance company

The end result, is you're insured, everything is paid off, settled with the finance company etc, so "all is well", but the amount you've lost is very different.

MorsePacific Nov 14th 2017 6:59 pm

Re: Car Ownership cost USA v UK
 
Interesting, thanks for the info!
I am champing at the bit to get into a car - not only because I'm a petrolhead and love to drive, but for the freedom it offers. My girlfriend works six days a week and is also studying for the bar exam, so the next few months she's going to be crazy busy.

Getting insured on her car is a complicated matter (family matters) so just having my own would free me up on the days she's not around, and allow me to go run errands on the days she's just too busy otherwise.

I'm still trying to decide between getting a lump sum and getting a cheaper second hand car, or leasing for that sweet hassle-free motoring (even though it's another monthly cost).

S Folinsky Nov 14th 2017 11:59 pm

Re: Car Ownership cost USA v UK
 
FWIW department

Writing is "BMW" with "beemer" used in spoken reference. The cars are plentiful, the bikes are not. Unless noted otherwise, reference to the BMW brand will be to the car. The "bimmer" "beemer" dichotomy strikes me as an affectation.

I drive a 2004 525i since new. Now the second car.

"Mercedes" is the spoken and written reference (occasionally "Benz.) "Merc" is not commonly used at all. If I heard it being used I would think of a vintage Mercury (a name now retired by Ford).

Nutek Nov 15th 2017 12:26 am

Re: Car Ownership cost USA v UK
 

Originally Posted by S Folinsky (Post 12382280)

"Mercedes" is the spoken and written reference (occasionally "Benz.) "Merc" is not commonly used at all. If I heard it being used I would think of a vintage Mercury (a name now retired by Ford).

Yeah.. No.


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