this post was submitted on 02 Sep 2024
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[–] viralJ@lemmy.world 19 points 2 months ago (4 children)

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.

[–] neidu2@feddit.nl 6 points 2 months ago (1 children)

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.

[–] nomous@lemmy.world 3 points 2 months ago (1 children)

Cars lose like half their value as soon as they leave the lot. Buying brand new cars is always losing move.

[–] neidu2@feddit.nl 2 points 2 months ago (2 children)

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.

[–] Bronzie@sh.itjust.works 2 points 2 months ago

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…

[–] viralJ@lemmy.world 1 points 2 months ago

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.

[–] Black_Gulaman@lemmy.dbzer0.com 3 points 2 months ago

In a place with frequent floods, I advice you to to do your car history check.

[–] JigglySackles@lemmy.world 2 points 2 months ago

Same is true for the US. Sound advice.

[–] viscacha@feddit.org 1 points 2 months ago (1 children)

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.

[–] SkunkWorkz@lemmy.world 2 points 2 months ago

Don’t buy one with the Stellantis 1.2 PureTech engine with a wet belt. The belt will disintegrate too quickly.