When you buy a new car, do you buy new or second-hand? Or maybe you lease a car from the company where you work? We know many people who always spend a lot of money on new cars. Perhaps it can be financially correct if you constantly change, but it can also be financially very wrong.
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ShareA new car can cost you a lot
For example, I have a friend who, many years ago, bought a brand new car for a lot of money. She borrowed, of course, but had a steady job and no problem with the monthly payment. But then she went on long-term sick leave and had a completely different financial situation. She had to sell the car, but because it had fallen in value, she got much less than she had spent. Even though she got rid of the car, she was still in debt for several years ...
Used cars
We always buy second-hand cars. Obviously the risk of something breaking down increases, but at the same time the price difference is so great that we find it easily worth it. (The cars we own also have to put up with some things, like the fact that we always load them full of building materials...).
Have you made a good or bad car deal in your life? Would you recommend others to buy new or second-hand?
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BP says:
Let's put it this way: when we were 'young' and had less money, we bought second-hand cars privately that always lasted well.
The last car we bought new - 1998. It is "still going strong".
07 October 2013 - 14:56
The travel dream says:
Found something interesting about motorhomes. Motorhomes are expected to increase in the future, at least according to Björn arvidsson.
razormind.se/news/razorbjorn-weekly-v-41/
07 October 2013 - 16:22
admin says:
BP, since the last one has been around for a while, it sounds like a good investment.
😉
The travel dream, so happy when you tell us!
🙂
07 October 2013 - 17:40
Ditte says:
I would not buy a new car! Just taking it out of the dealership makes it drop a lot in value. For us the car is not a status symbol, but practical to have when we go to and from the boat and visit friends who live some distance from Stockholm. And we don't use the car in everyday life, it is left to rest in the garage. If you live in the city, in the south, you can walk or use public transport to get around.
I don't think I would even invest in a new car if I won lots of money...
07 October 2013 - 17:44
Anna Granström says:
My boyfriend and I bought a car together in 2010. We intended to buy second-hand, but ended up buying a brand new one. We didn't take out a loan and used our savings. Now I do not know how it would have been with a used car, but we are SO happy with our Kia! Nice with a 7-year warranty and everything else like that. Feels safe, secure and good.
07 October 2013 - 20:32
admin says:
Ditte, for us the car is not a status symbol either. As long as it works
😉
Anna, I'm glad you're happy and the guarantee is of course good. Not many people manage to buy such things with savings, but if you manage it then you have not put yourself at the same risk!
07 October 2013 - 22:05
Matts Torebring says:
Wow, it's almost 30 years since I bought a second-hand car. We have bought five motorhomes since 1999 and all have been new cars. We probably can't imagine buying second-hand. We are simply too pedantic and fussy.
08 October 2013 - 19:59