I take it he is good at maths then, I hope you enjoy the car.
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I take it he is good at maths then, I hope you enjoy the car.
Mrs M
Guru
- Location
- Aberdeenshire
I hope so, thanks very much.
Davidc
Guru
- Location
- Somerset UK
If you buy a car and run it for the whole of its life you don't need to worry about trade ins, depreciation, selling or the like.
Not a common way to own cars, the only other person I know of on this forum who's posted that they do it is @Night Train, It means you know the exact total amount of depreciation from the time you collect the new car from the showroom. I've also given old cars to younger relatives rather than sell them at 10 to 15 years old so have had no trade in. That has allowed me consistently to get 20% off the recommended price as a cash buyer.
All that's needed is a bit of research into long term reliability, then taking care of the car when you've bought it. 150,000 miles is a reasonable life for a car (12 1/2 years ish) and on my present car that will be about £1,500 a year for depreciation.
Not a common way to own cars, the only other person I know of on this forum who's posted that they do it is @Night Train, It means you know the exact total amount of depreciation from the time you collect the new car from the showroom. I've also given old cars to younger relatives rather than sell them at 10 to 15 years old so have had no trade in. That has allowed me consistently to get 20% off the recommended price as a cash buyer.
All that's needed is a bit of research into long term reliability, then taking care of the car when you've bought it. 150,000 miles is a reasonable life for a car (12 1/2 years ish) and on my present car that will be about £1,500 a year for depreciation.
Profpointy
Legendary Member
hardly worth getting worked up about - i would't expect more than £50 for a car, so if you get a few hundred, then it's a bonus.
My current car cost me £2500 4 years ago and still going strong. I guess I'd get £1500 for it - but why sell it if it's still worth anything? I only sell cars when they're worth nothing. I expect my next car will cost anything between £2k and £20k - but be sold for £50 when the time comes
My current car cost me £2500 4 years ago and still going strong. I guess I'd get £1500 for it - but why sell it if it's still worth anything? I only sell cars when they're worth nothing. I expect my next car will cost anything between £2k and £20k - but be sold for £50 when the time comes
Most main agents get less than 15% off of the manufacturers to start with. User9609 you really should start up in business, Martin Lewis should be worried. Go and try and get your figures off of a used car at Evans Halshaw it is not going to happen. Do you own a Glasses Guide or CAP book, if so you will see the margins being worked.
I have a mate down the pub.
I have a mate down the pub.
Mrs M
Guru
- Location
- Aberdeenshire
Just spied our former Mazda6 for sale on auto trader.
WBAC gave us less than 3k.
It's on sale just now for £5990!
Looks lovely, top marks to the valet
Wouldn't buy it though.
WBAC gave us less than 3k.
It's on sale just now for £5990!
Looks lovely, top marks to the valet
Wouldn't buy it though.
