Sometimes it seems like most of us could make a better job of running the country than our recent administrations on the basis that we do at least have an understanding of what things are really like on the ground floor of life.
Sadly though none of us are likely to get the chance and, when it comes to election time, the choice available is like the choice of being hit on the head with either a mallet or a hammer. Either way it’s not going to go well. There is nothing to be done about it, so why worry at all? Buy a car instead while you’ve still got the chance to have some fun.
Let’s face it. Buying a car is great. It’s a treat we don’t get very often. They are expensive enough to merit some serious pondering before parting with your hard-earned cash, but generate enormous pleasure and satisfaction to the lucky new owners.
The problem is that most of us only have a finite amount of money to spend on what is, in effect, a luxury purchase. Should one push the boat out and go for one of those shiny curvaceous delights winking provocatively at you from showrooms, or should one cannily buy a used vehicle and save a bit of the aforementioned hard-earned? There are advantages to both.
Buying new means that the happy customer can have a car that is made to order, like a bespoke suit. Specifications can be manipulated and colour combinations discussed. Options lists can be pored over to make the new car as unique as possible. The choice of fuel can be considered – conventional fuels or perhaps a hybrid or maybe even an electric job. All avenues are open.
A new car hasn’t had any accidents, hasn’t been stolen and won’t require a check for outstanding finance. It will not have been fiddled about with and won’t have signs of wear and suspicious, suppurating stains to ponder over. It will smell of new car and not of baby sick or wet dog. It will have a full length warranty and you will not have to trek across the land or trawl the internet seeking your heart‘s desire. It will be chock-full of the latest technology. All the connectivity you need is just a pencil tick away and the car will be as safe as the latest regulations require.
A new car will be more fuel efficient. It will be kinder to the environment. The Green brigade will nod with approval give you a certificate of saintliness. Your bank manager will be grateful for the variety of finance or lease agreements available. There is no doubt that a new car ticks all the boxes. But there‘s a downside and its name is depreciation. New motors lose the most money in the first couple of years of their life. Some cars will lose as much as forty percent of their value as soon as they leave the forecourt. This is an important consideration.
A used car might after all be preferable then. For a start your money will go further. A more upmarket motor could be available for the same (or less) money than that new vehicle you covet. It might not have the very latest gadgets on board but it may well be better appointed for power, comfort and smoothness of ride.
For the most part a quality used car from a reputable source will already have lost most of that first hit of depreciation. Certainly there will be signs of use but a careful inspection and selection of cars with a full service history should show clearly that the vehicle is in good order. Remember, 30k on the clock is nothing these days.
It may well be that you can’t find exactly the car for you but the choice of used cars on the market at any one time should mean you could well come close to that ideal specification without too much trouble. These days the latest number plate only lasts six months so it all comes down to a personal decision. New or used? You pays your money….