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[tunnie]

MrsT has often hinted, why don't we get a new car? Save you from doing car work!

This popped on that book-of-face site.. (park the dealer name for now, we know how they are) - Also anything about the 1.4 in the Astra 

http://www.evanshalshaw.com/brands/vauxhall/vauxhall-new-car-offers/astra-gtc-models/astra-gtc-14i-sport/low-payment/

So...

48 Monthly Payments of - £164.00
On The Road Cash Price - £11,991.00
Customer Deposit - £0.00
Evans Halshaw Deposit Contribution - £1,000.00
Total Amount of Credit - £10,991.00
Total Amount Payable - £14,412.19
First Payment inc fee  - £313.00
Option to Purchase Payment Inc Fee - £5,392.19

Term of Agreement   49 months

Rate of Interest (Fixed)    3.82%

So even after shelling out nearly £8k over 4 years, you own bugger all! Have to cough up another ~£5k to own it. Add in the fact that the value of a Vauxhall, drops faster than a brick in a swimming pool. So if you get hit/written off, you will have some fun and games.

That's a shit ton of money, for something you still need to insure, tax and maintain! I don't think I've spend £164 across both of my Omega's maintenance wise this year, including an air-con re-gas for the 3.2

A good reminder I think, need to remember this when I fill up the 3.2   

[Field Marshal Dr. Opti]

Yes.

[Field Marshal Dr. Opti]

Look on the bright side.

After paying out £13264 you will be the proud owner of a four year old 1.4 litre Astra.

A lurid green one would be nice.

[chrisgixer]

Yes.

....we know.

Well. Most of us do    


Does a snot green colour help re sale value ?

[zirk]

Unless your using it for Business, and can write off some of the costs and ownership, total waste of money buying a brand new car.

The car value drops dramatically within the first few feet of driving it off the Forecourt.

If you must do it, by ex demo, near new, failed delivery mileage etc.

[Diamond Black Geezer]

I was having the same discussion with one of the blokes downstairs as we went out in one of the works vans, (made by some lower-end car/van manufacturer based in Dagenham, I forget he name.  ) They of course have the work vans on finance, and we spoke of the costs of keeping them running vs simply trading in and getting a new one.

As I said at the time - all I have to do is spend less than £160 a month on my car and assuming that we factor into that that a modern car of equivalent cc get more to the gallon. In the last month I've spent £145 on her.

Now, that's including £60 on geometry
£25 on a tyre (brand new)
£50 spent at Billing on parts I have no immediate need for, they're literally spares for one day. (which incidentally total retail value comes to something like £200, so hardly 'dead' or 'wasted' money. The lot could be flogged on here tomorrow at the same price I paid in a heartbeat)

So deduct the above, as geometry setups are hardly a monthly occurrence, and tyres wear down on any car andthe figure we arrive at is..

a ten pound note. For a pair of like-new rear control arms, which are freed off, degreased, awaiting paint, ready for fitting this weekend.

And that's me when I'm veritably chucking money at her, just you wait until one month I'm being thrifty 

[jimbo125]

Tried explaining this to the wife. She thinks my miggy is to costly.

Second hand car comes with monthly payments on the loan say £150 - £200 monthly. this year my miggy has cost me to date £50. The car is 17 years old and cost £6500 in 2002 going rate then, which works out at £500 a year since then and every year I own it that figure reduces. I would say it is more financially beneficial than the monthly payments on a second hand vehicle let alone brand new even with repairs, which any vehicle will incur.

[Terbs]

There will be those that say 'After a period of time, you will still get some resale value'.
However, if you save that £164 a month, and just take out repair money for the Omega.....I bet at the end of 4 years or so, you will have a similar amount as to the amount required to buy the new car.
Obviously, haven't done the exact maths ..........

[tunnie]

There will be those that say 'After a period of time, you will still get some resale value'.
However, if you save that £164 a month, and just take out repair money for the Omega.....I bet at the end of 4 years or so, you will have a similar amount as to the amount required to buy the new car.
Obviously, haven't done the exact maths ..........

Exactly 

Around £8k after 4 years, excluding MOT/Insurance/Tax, i don't think i spent £164 per year on either 2.2 or 3.2! 

[Diamond Black Geezer]

Yep!

And at the end of every week, I drive home in a car which is loaded with velour and leather, cruise control, 18-disc autochanger (I have two spare 6-disc cartridges full of CDs ) plus a squillion songs via an ipod, if I bust a door mirror I have a spare waiting at home, if I get a wing drove into there's a choice of two at the local scrappy (ok, in completely the wrong colour, but try finding a wing in any colour for a 60-plate Corsa for £10  ) instead of a little whiney eurobox hatch with none of the above abilities    get a diesel and the filter clogs up every 25 minutes, a harsh 'sporrrrty' ride, and it can't be jump-started 

[EMD]

Some places are giving free insurance , they must be desperate to sell them 

[tunnie]

Some places are giving free insurance , they must be desperate to sell them 

Just another perk, insurance in most cases is what, £300 ish? Maybe less, maybe more.

[Diamond Black Geezer]

The flip side is that of course what the world wants, is for no-one to own a second hand car, and we all drive brand new, leased or HP (which if effectively leased, as pointed out in the first post) pieces of effectively disposable boxes. What Mr Car Company wants is not for you to drop by once every year or two to buy a fanbelt or a tub of 10 40, but instead to be drizzling a couple of hundred quid in their accounts on a permanent basis. Of course the instant you notice anything less-than-perfect on your vehicle, simply bring it back, and claim your identical, but slightly newer model. The old one can then the slung to landfill/'recycled' (the ethics and lack of green credentials of taking something perfectly usable, and shipping it to the other side of the world, process it, melt it down and turn it into quite possibly an identical component may be discussed elsewhere  ) and you drive out with another car with this year's new headlamps, or the newer version of powertrain.

Servicing will become, in a way, a thing of the past, in so far as manufacturers will extend the 'sealed for life' philosophy which even a 'dinosaur' like an Omega has with gearbox, diffs and such. Move forward a generation or two and we'll have Hybrid cars' battery cells which, upon the end of their usable lifespan, the entire unit is chucked in the bin. The concept of replacing the batteries on a car will be completely alien. The same for balljoints, hubs etc... Quite possibly we may see engine designed to 100k on the original factory oil with no means of changing it, whereupon the engine is killed. Who cares? It did its job. In the same way of making a disposable car perhaps anti-corrosion measures may actually be withdrawn as soon as car companies realise that all they have to do is bang a disclaimer in the specs saying 'this vehicle is a disposable product and is designed for a lifespan not exceeding 5 years continued use' or words to that effect. Imagine the weight, and cost you could save by stripping back rustproofing to 1960s levels? Again, 'so what' if the car rots, it's heading for the cuber in less than half a decade anyway.

There is only one member of staff at work who does not believe me to be 'mad' for working on my car, they are all convinced that simply taking it to a garage when the car actually physically ceases to move, and then paying out hundreds of £s to repair or scrap it is by far the better option compared with my 'madness' of cleaning the breathers every now and then, doing an oil change, cleaning the ICV etc.... MAINTENANCE. Therefore, as the home mechanic becomes effectively extinct who is there to work on one of these future vehicles? And at any rate why would you? Sitting in a Costa, downloading the latest car-app, to change the colour of the ambient lighting, download a new dashboard desktop theme to appear on your panoramic touchscreen fascia is going to be far far more pleasant and preferable than fiddling under the bonnet looking for an airleak.

Not a rant, just theorising what the future of 'car' is, and a potential direction. Of course when we can buy a Hydrogen fuel cell-powered spaceframe, and have a brand new 1963 Corvette bodyshell 3D printed for less than the price of a TV and have that sitting up the drive, well, who would buy a 'real' classic? One of those oily, smelly, constantly breaking down things with strange components you have to actually 'service', whatever that means. Only one word occurs by way of an answer. Soul.

Oooh, I should send this off to Autocar and get it printed! 

[Kevin Wood]

Certain people will always queue up to chuck disproportionate amounts of money away to get something new and shiny.

Finance providers will always queue up to lend them the money that allows them to do so.

Doesn't mean there's any sense in it.

[tunnie]

You onto a winner there, I doubt very much I will DIY service next car, unless I take on a 406 HDI from the family.

Otherwise my next motors will be most likey be CLS Merc 320 CDi for me and an A or B Class for MrsT