First cars?

+1, I am only 23 and have been through several cars already. Started with a 92' Subaru Liberty that ran like a sick animal until it's final day's two years later (worst car ever owned btw), paid $800 for a 93' VR Bogan Crumble-door... again, drove horribly, until a rear-ending by a truck sorted that car are out quite quickly.

... onto my current workhouse- the 94' Holden Crumpledoor ($2500!).

For what it is worth -newish cars while we're new to the automotive world, and as a first car are a pretty good idea; but having said that, there's nothing else more comforting knowing that I can drive off from a minor bump on my bomb, than having to worry about the costs multiplying on something that is brand new (at this age).

 

You do realise they now have 7 year warranty?

 

you do realise 10 > 7, right?

 

why do you think it would have to be the same owner?

Pap said he wondered what a hynundai would be like in 10 years, and kerrari's most astute response was that it has a 7 year warranty. The number of owners is irrelevant

 

I know and I said 10 yrs time.

They can't sell cars because of their past history, so they have to offer some form of incentive to buy which is the 7 yr warranty period. And then what do you really get in the warranty? Will have to read it, they are all different.

Warranty does not cover wear and tear items. See how long the seat material lasts or the steering wheel and any other plastic inside the car. Belts, brakes, hoses are all wear and tear items.

And if the car has a few different owners in that 10 yr period and see what the car is like then.

I am comparing this to Toyota quality of course.

They are all crap, but Toyota is less crap.

What PP said. A 10 yr old car these days will have 2 or 3 owners in that time or more.

Everyone these days thinks it's a good idea to buy a new car every few years.

Unless you lease it for a tax break or business tax benefit etc, you must have rocks in your head or a lot more money than me.

No one has any money in the bank, but it's easy to walk into a new car showroom and pick up a new Toyota (or whatever) @ xxx amount of dollars monthly repayments.

And it's worse in the 'big mining town's when everyone is on big salaries. Clowns don't have $1000 in the bank, but can afford to finance a $120,000 Toyota Landcruiser Sahara.

A work mate is 20 yrs old and on an $80K income. He traded his old 1991 $5000 L/C ute and financed a 12 month old L/C trayback ute. Cruiser was $70K. Who the hell buys a $70K at 20 yrs old? He ain't got 2 bob to rub together, but can afford to pay $1450 a month repayments over 5 yrs. He doesn't look after it either and is already talking about trading it in a dual cab version which is used and around the same dollar value.

If he trades his ute and they re-sell it, that will be 3 owners in 18 months on a 2014 L/C tray back ute.

The Wife's Uncle is a classic example as to why you should not buy a new car every 2-3 years unless it's beneficial to do so.

He works a good job in the mining game, finances a new car every 2 years or so. Over the last 10 years I have known him, he has had 6 cars as one was written off because of flood damage. *He drowned it*

Where he stands now, he has an $80K loan for a 2013 Hilux which is worth $35K at best.

Each time he 'bought' a new car every 2 years, he lost many thousands of dollars trade on the last one.

He told me the Hilux is the last one he is buying because 2 years ago he had a $100K loan on a new Hilux which he 'paid' $55K for.

Some food for thought anyway. Cars are a waste of money....................from Ferraris to Fords.

 

hmmm first car , datsun 200b

 

Klink's 1st : Datsun 1200 coupe,bought from Capitol motors.

 

1st car. Rolls Royce

ahh...to be 15 again.

 

Relevant: http://i.imgur.com/fp9sfQY.jpg