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What is something you SHOULD cheap out on?
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this post was submitted on 02 Sep 2024
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New cars. After a car has been owned by one owner, for however short a period of time, it dramatically reduces its price. At least in the UK.
Yeah, I'm in the process of buying a new (to me), and I seriously question the value of a factory-fresh car. I've concluded that a car that is 2-5 years old is a much better purchase.
Cars lose like half their value as soon as they leave the lot. Buying brand new cars is always losing move.
Yup. The only benefit I see in a brand new factory fresh model is that it might have a feature that you want, not found on older models.
Also, there's the warranty, but some dealerships does a basic overhaul and might offer a warranty as if the car was new for added value.
I agree and follow the same mantra, BUT, our last car was brand new. This because we needed a car with decent range as a family car and the options were more than limited 4 years ago. There were virtually no cheap used EV’s with 400+ km range. Today this is a different story obviously.
Our second car was used.
Not ever buying new again unless I experience yet another change in fuel…
Yeah. I took my second-hand car to an authorised dealer and they offered to extend my warranty from 3 to 10 years. For money of course but it wasn't ridiculously expensive, and had no excess.
In a place with frequent floods, I advice you to to do your car history check.
Same is true for the US. Sound advice.
If you don’t care for prestige, Opel or Vauxhall is a good bet in its premium segment. The Opel Insignia drops almost 50% in the first year and is actually a pretty good car.
Don’t buy one with the Stellantis 1.2 PureTech engine with a wet belt. The belt will disintegrate too quickly.