OK, you may think it's simple, cars lose value since they are useless after 3 years (some people think that).
I sat in a car park yesterday next to a Corsa, it was so basic inside and it was a 12v 1.0, so 3 cylinder, so pretty **** to be honest. What is it worth? 3 years or so old, so 3k?
I sat in my 1998 car, knowing I could probably get £1500 for it yet it does everything better than that car, except MPG, but even if I had a similar 1.0 1998 corsa, it would be worth so much less.
I think the UK is the only country that I know of where second hand car prices are crazy, go to the continent and try to buy a '96 Cinq sporting for less than about £1500, I doubt you would stand a chance. I know from Mort that a Uno is still worth proper money (i think it was Mort) in his country.
People seem to only ever want new, even if it means getting less of a car, what is the obsession with that? It's not a "British thing", it's something we have learnt in the last 10 or so years. I remember when we were looking for our first scenic, so about 5-6 years ago, the local second hand car dealership was nearly going out of business since second hand car prices had plumetted (I am sure Dave can suggest whether this is true). He only saved himself by stocking a lot of diesels, vans, MPVs and 4x4s, all selling strong at the time.
20 years ago I could understand it, since cars did lose their use pretty quickly, they rusted and engines lasted little more than a 100k, now cars can easily do 200k and go as well as others on the road for 10 years. A cinq sporting for example is only dated since we're made to feel it's 'dated', it can still keep up with all similar cars coming out, it is well spec'ed compared to new cars etc.
Is it disposible income gains? Safety? Security? A combination of all? The need to have the newest thing on the market?
Either way, most of us are happy since the majority on here buy second hand, something we couldn't do as easily if the market wasn't like it was. I just can't understand why you would need new for the sake of it, even if you got a worse car for more money.
I find it interesting since I had quite a few friends at sixth form whose parents would only let them be seen driving in brand new cars, never a '94 uno, it seems backwards to me.
I sat in a car park yesterday next to a Corsa, it was so basic inside and it was a 12v 1.0, so 3 cylinder, so pretty **** to be honest. What is it worth? 3 years or so old, so 3k?
I sat in my 1998 car, knowing I could probably get £1500 for it yet it does everything better than that car, except MPG, but even if I had a similar 1.0 1998 corsa, it would be worth so much less.
I think the UK is the only country that I know of where second hand car prices are crazy, go to the continent and try to buy a '96 Cinq sporting for less than about £1500, I doubt you would stand a chance. I know from Mort that a Uno is still worth proper money (i think it was Mort) in his country.
People seem to only ever want new, even if it means getting less of a car, what is the obsession with that? It's not a "British thing", it's something we have learnt in the last 10 or so years. I remember when we were looking for our first scenic, so about 5-6 years ago, the local second hand car dealership was nearly going out of business since second hand car prices had plumetted (I am sure Dave can suggest whether this is true). He only saved himself by stocking a lot of diesels, vans, MPVs and 4x4s, all selling strong at the time.
20 years ago I could understand it, since cars did lose their use pretty quickly, they rusted and engines lasted little more than a 100k, now cars can easily do 200k and go as well as others on the road for 10 years. A cinq sporting for example is only dated since we're made to feel it's 'dated', it can still keep up with all similar cars coming out, it is well spec'ed compared to new cars etc.
Is it disposible income gains? Safety? Security? A combination of all? The need to have the newest thing on the market?
Either way, most of us are happy since the majority on here buy second hand, something we couldn't do as easily if the market wasn't like it was. I just can't understand why you would need new for the sake of it, even if you got a worse car for more money.
I find it interesting since I had quite a few friends at sixth form whose parents would only let them be seen driving in brand new cars, never a '94 uno, it seems backwards to me.