I thought this was a fascinating comment as it seems to exemplify the thinking behind frequent trading up (and by frequent i mean every 3 or 4 years).Billo said:I like to buy a new car from time to time.
Recently I bought a new corolla. It cost me 8.5k plus my 02 corolla.
I will probably hold on to the new car for another three or four years and then trade in for a new car again. I am happy to get the guarantee and avoid the NCT and other expenses associated with older cars.
Absolutely superb. Kudos to you my friend you've done the only better thing than buying second hand.Corolla97 said:So maybe buying new and holding on to the car for a long time is a good way to extract value from it.
Eurofan said:I'm just after buying a 2000 Bmw 323i for twelve grand, thats astonishing depreciation of over seven grand a year just to own it and an awful lot of car for the money.
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