Editor's Blog14 mins ago
Why do people buy brand new cars?
Apart from fleet managers and hire firms and other commercial reasons, why would a private indvidual buy a new car? Ok lottery winners and rich people accepted. I'm talking about your average joe. I mean look around the car park aywhere and 90% of them will be newish probably on tick, people effectively paying a second mortgage on something that will depreciate to zero. Madness absolute madness, can you imagine buying some shares that you know will fall to 0?
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My husband and I are 63 and have just bought our first brand new car, we didn't go to the garage to buy brand new, but the offer was to good to miss, it was reduced from £19,000 to £14,000, we also received a loyalty bonus for always buying from same garage and got much more than we expected for our old one, working all the sums out we got a better deal than the second hand cars we had previously looked at, and are very happy,