Need advice for a second car

[Zimm]

I've gone for the, 'just put up with the first one you bought and keep it as a fixer upper'. After all, you never get your money back and they don't go up in value with age either.

Funny thing is, the value of the “luxury” car may drop, but it doesn’t know it, and the Maintence requirements are more, and more expensive parts to boot.

There’s intersection of the curves where taking the depreciation hit and getting a new model economy model is cheaper.

Not that I’ve actually done that. I impulse buy. Frequently.

Cars of course, this is all about cars.

 

[Jeremy996]

Having spent a happy day at the NEC Classic Car Show, with my wife, I'm not sure that CRH's 'just put up with the first one you bought and keep it as a fixer upper'. After all, you never get your money back and they don't go up in value with age either." tells the whole story.

( I might be allowed to buy a Peugeot 106 Rallye, as she had one in the mid '90s and we both agreed it was the car we should not have sold. The only problem is a good one is more than the new price in 1994)