Rank: Veteran
Groups: Registered, Veteran
Joined: 1/03/2005(UTC)
Posts: 2,047
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just a thought !
How many times have you heard poeple say "I`m buying a new car as it will be cheaper to run". but is it cheaper to own !
My dad has a 99 VT with 180,000klms the car is kept as new cond and he owns the car outright.
He said the other day maybe he should get a new smaller car ($18,000 buzz box)as it would be cheaper on fuel , I said to him if you trade in the VT you might get around $7-8000 leaving at least a $10,000 debt which would need to be paid off + higher innsurance .
Keeping his VT makes more sense considering his yearly milage is about 10-15000 klms , I said if it gets to much get LPG installed which is a lot cheaper than buying a new car.
what do other people think ?
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Rank: Guest
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Joined: 2/09/2015(UTC)
Posts: 43,977
Was thanked: 5 time(s) in 5 post(s)
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Absolutely right Cloudy. People forget about the including the payments when considering a new(er) car.
A $10,000 debt over 5 years works out to be $2,000 a year (plus interest of, say $200 a year on average) which is almost $200 a month or about $45 a
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Rank: Guest
Groups: Guests
Joined: 2/09/2015(UTC)
Posts: 43,977
Was thanked: 5 time(s) in 5 post(s)
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i got a ford ute which is my main car.. i got 2.. me ute goes through a full 65 litres of fuel in 289k's and 250k's on 65 litres of gas
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Rank: Member
Groups: Registered
Joined: 3/03/2005(UTC) Posts: 287 ![Australia]( "Australia")
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I own 2 V8's a sandman (which I've had for 20 years and will never sell) and a VS SIII Stato. I concider that because I'm very handy with a spanner and do all the servicing myself that the extra fuel they use is the trade off by keeping my maintance down.
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Rank: Member
Groups: Registered
Joined: 28/04/2005(UTC)
Posts: 758
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If I want a new car. My Company can pay for it. I am not that desperate yet. Nor will I buy one out of my pocket, not with the economy the way it is.
I have a daily driver HQ that probably owes me around $5k. Plus many hours of work as a labour of love
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Rank: Member
Groups: Registered
Joined: 7/05/2005(UTC)
Posts: 104
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you are right about the boot space,i have a hq gts 2dr and the boot space is massive,while the new gts vy 2dr is tiny,had a flat tyre with the new and the spare was a thin bike tyre style max speed 80k/h which not very handy on the motorway.also the fuel
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