UK car production up 15% in February... we still make cars? 18th March 2011 11:21 AM
If you're going to buy a new car sometime over the next 2 years and what's on the market does far more mpg than your current model then it'd make sense to buy the new one now ...
If customer demand's generally so weak that you can negotiate a super deal, it makes an even better case for buying now rather than later.
My own preferred practice was different, ie to follow Which guidelines - never buy a car until it was at least 2 years old and then run it until it's ready to be scrapped. The biggest cost of running a car is depreciation and this way you minimise the loss. However you do need an invisibility cloak so customers don't see your tatty old heap!
If customer demand's generally so weak that you can negotiate a super deal, it makes an even better case for buying now rather than later.
My own preferred practice was different, ie to follow Which guidelines - never buy a car until it was at least 2 years old and then run it until it's ready to be scrapped. The biggest cost of running a car is depreciation and this way you minimise the loss. However you do need an invisibility cloak so customers don't see your tatty old heap!
