No longer strictly true, a 2008 car is now 10 years old.Two key reasons (at least until this year) - any car 10 years or older has its car tax determined by the engine size, and generally this is much more punitive than the newer emissions-based taxation system introduced in 2008.
On the road today with my new 18 year old car !
I feel exactly the same, I am driving my new Audi A3 since 2005. It has about 63,000 km. I had to get something replaced last week as it failed the NCT so I asked the mechanic if it was time to change. He said not to as it was a low mileage, reliable car.
So I am holding onto my new car for a while yet.
Brendan
That's very low mileage. At that rate it might be cheaper to just get a taxi everywhere...
Why is there practically no value on such a car when it can be in immaculate condition both bodywork and engine etc. I often pass such cars and many look like new.
I highly recommend this approach. 60 euro a year but make sure you just use it for short time journeys. Anything over 4 hours and high mileage makes it expensive.There are Go Cars nearby so I might go for one of them.
Type of value | New car | 10 year old car |
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That's very low mileage. At that rate it might be cheaper to just get a taxi everywhere...
True, but I am not good at conversation. When I was off the road a few years ago and was reliant on taxis, I found it very difficult.
There are Go Cars nearby so I might go for one of them.
Brendan
I know two people who have sold their cars and now rely on GoCar "full time".
One concern I'd have is if you wished to revert to car ownership, you would be heavily penalised with insurance costs as you would no longer have a no-claims history.
One concern I'd have is if you wished to revert to car ownership, you would be heavily penalised with insurance costs as you would no longer have a no-claims history.
One should probably stay as a named driver on someone else’s policy for that very reason.
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