30k cars are usually better than 10k cars and people also want to drive around in nice cars.
No they aren't . Most cars tend to have the majority of their problems early in life , and newer cars due to grater complexity tend to be the ones with the most problems , besides being built down to a cost more than in the past . Witness the engine replacement on a new car query that started this thread off and the majority of technical problems which tend to be about newer cars . I , too , like to drive around in
nice cars , but my idea of a nice car is not an anonymous metallic grey box the same as countless others I pass on the road every day .
Apart from houses, most of the things we buy in life depreciate in value so why buy that £50 shirt brand new from M&S when you could buy it used 4 years later for a fiver at the Salvation Army?
Apart from I would never spend £50 on a shirt when I can get a perfectly nice one from Tesco or Asda for a fiver , lots of the things I buy don't depreciate significantly : taking my hi-fi as an example , my Gyrodec will now be worth more secondhand than I paid for it new in the 1980's ; I recently sold an SME Series III pickup arm for three times what I paid for it new in the late 1970's , my Quad amplifiers are worth more than the original cost etc . - if you buy quality , the value remains .
why buy that £35000 car for £20000 when it is 3 years old when you can buy it for £1000 in 10 years?
My point exactly , as made in earlier posts : wait until the price hits rock bottom and you can't lose - right now W124 , W140 and R129 models are probably just about there ; my W126's will now be worth more than I paid for them 2 or 3 years ago , W123's are on the rise as probably now are R107's also .
why waste £6000 on a Carribean cruise when you can get an £800 holiday at Butlins?
I don't waste money on foreign holidays : spend that six grand ( or less ) on a nice caravan and you can enjoy countless holidays in it , helping the economy by spending money at home too .
It is jealousy and envy otherwise no one should bother how the next man affords to run that flash new Mercedes. I may not be able to pay cash now but like you can see in my earlier post, With some discipline, I could pay cash for it in 4 years. I just chose instant gratification and I am paying £3500 for that!
I bother how others squander money when it affects the economy , job security and causes a recession which affects all of us when the debt bubble bursts . I don't feel envious in the slightest since I don't aspire to any newer car - I liked the cars I drive now when they were new , drove a lot of these same cars back when they were current models , and stopped admiring newer models when Mercedes quality started to go downhill in the 1990's .