I would point out that after a certain time cars appreciate, my 1988 Volvo is worth more than I paid
@alantee17 сағат бұрын
I used to be a trade plate driver, and picked up a 2yr old boxter. S. After talking with the lessee, i worked out that in real money they had achieved £16,00 per mile. Because of the leasing cost they never drove it enough to lower the cost per mile. They couldnt afford to pay the lease and drive it! . / . i
@jlevace7 сағат бұрын
New cars are WAY too big, too long, too wide, too heavy, |Plus Hybrids are just a big con. The Keyless cars are too easy to steal. And worst of all, They are unreliable
@theoneheretosty7 сағат бұрын
Automatic gearbox ratios used to be really tall, I think thats why manuals are or where more economical.
@liverpoolscottish64307 сағат бұрын
I own a number of cars- 1) Capri Injection 2.8i- owned it for just over 30 years now, kept as a classic. Immaculate- retains all it's original panels and has never been welded. Modified to produce 290 Bhp and 300 lbs ft of torque. Bought it for £1250 in Oct 1994- valued at £25k+ now. 2) 1972 Rover P6 3500 auto- owned it for 7+ years. Beautiful machine to drive- effortless, wide spread of torque, magic ride quality. Have done 10k miles on touring holidays. All it has needed has been basic servicing. I've fitted electronic distributor, large bore stainless exhaust and an uprated roll bar- which transforms the handling of the car. 3) 1997 Jaguar XK8- owned for 2.5 years- was used by Jaguar as the 1997 Earls Court Motor Show display car, and quite possibly it's the car that featured in the sales brochures, and as a centrefold in, 'Motor' magazine. To date it's been 100% reliable and has just had basic servicing. 4) 1999 BMW E46 318i- A general *PAIN IN THE ARSE* regular problems, EML permanently illuminated and nobody can diagnose why. Currently offroad- needs a new driver's door regulator- 2nd time it's failed in 4-5 years. 2 x new rear dampers and top mounts and corrosion in the rear o/s arch requires surgery for the THIRD TIME. The E46 is a lightweight tin car, shoddy build quality. I owned an E30 318i touring- pre-cat car from Sept 1999 until May 2023- absolutely superb machine, I sold it reluctantly because I needed money for a business venture. Hewn from granite- built like the Bismarck, ultra reliable and *vastly* superior to the E36, E46 and all the other later 3 series cars. 5) Skoda Octavia 1.4 TSi- given to me by by father recently. He bought it new ten years ago- it only had 12k on it when he gave it to me. It's absolutely pristine- looks brand new. Full of tech and 'toys' all of which will no doubt prove to be a pain in the derriere in coming years- but let's see shall we? I run a vehicle rustproofing business in the NW. The vast majority of my customers have cars that they like and they intend to hand on to them as long as possible. They do NOT want an EV, or a hybrid, and they don't like the soulless styling of modern cars.
@Jsn11807 сағат бұрын
New cars are over-priced. I don’t want a screen or reverse camera, and I don’t want a black interior or a big car. I like my 18 year old small, minimalist Japanese car. Thankfully I’m in Tennessee USA- we don’t even have smog tests or car inspections. If you can make it run- you can drive it!
@petecurran39958 сағат бұрын
11yr old VW, 9yr old Ford. Both only cover 4-5k per year with oil changes annually. Keep an eye on cambelts, filters and braking systems.🤞 No plans to shell out on something that will depreciate like a rocket and give me hassle in the meantime.
@repentnow17208 сағат бұрын
(Embedded Automotive Engineer here) - My number 1 reason: The ability for manufacturers and government agencies (for "the_greater_G00D") to remotely turn your car's PCM 0FF.
@bd7648 сағат бұрын
Cars today are all about the dam gadgets and screens. Not for me. A car is about the engine,handling,and smooth quiet ride.
@iankuah86068 сағат бұрын
One of the reasons older Mercedes are stronger is that computer design has become so accurate in recent years they can be designed to fail soon after the warranty expires. But 25 years ago that was not the case so they played safe and over-engineered their cars. New cars have too much electronics and fancy systems that fail expensively.
@classic_opel8 сағат бұрын
If you own a classic (30+ yo), there are even chances the depreciation is 0 or even gets more expensive over time!
@wooldooriansokbatus52228 сағат бұрын
I have a 1992 Nissan B13 Nissan 100nx.. never let me down. Love wizzing past the countless moderns with their hazards on by the side of the road 😂😂 🤡
@mad-FrenchS2038 сағат бұрын
Even a engine change is cheaper than buying a new one most of the time
@flower-ss2jt8 сағат бұрын
My 23 yr old car is regularly serviced, and intend to keep it going for as long as possible. There is nothing but dials and indicator sticks, hooray! Until new cars go back to dials and indicator sticks and easy to repair, I will stick with old cars.
@DavidMax-i8s8 сағат бұрын
Yes! They are waiting for the lower prices of new electric vehicles! Check it out!
@marcuswall38578 сағат бұрын
New cars are often bought by company buyers. They have tax and other incentives to buy them. Private buyers of new cars are less common.
@TheAkirice8 сағат бұрын
Great video. I am a little OCD o created a chronological spreadsheet of all regular and preventative maintenance for my 2012 Nissan X Trail for the next 3 years. It is a workhorse and perfect for our needs. I had a new car a while back and it cost me £20K over 5 years in depreciation.
@alexhoffam41708 сағат бұрын
Newer the car the worse it is.
@Funkydood8 сағат бұрын
I took a chance & went ahead & purchased a 2O23 Sportage for my better half: two-and-a-half years later, we're impressed with its reliability, build quality, performance, mpg, suspension, etc. No regrets!!! My ride is a 2012 Sorento: still going strong!!!
@-DC-8 сағат бұрын
Guy I work with has a 1.6 Turbo Auto AWD Petrol Sportage it does 23mpg lol
@SimonWallwork8 сағат бұрын
My Audi S8 is 26 years old and runs great. I have a '65 Sunbeam Tiger that runs even better! Just two cars.
@stevewhitmill20378 сағат бұрын
Wehave 3 diesels and Petrol Z4. My sin has a petrol Corsa. Why would I want to buy a new car and throw money down the drain???
@gcostanza21158 сағат бұрын
I want to keep my van as long as possible, the only worry is that the government will keep putting the tax up to encourage us to change to a newer vehicle; having said that, they will probably be enjoying the extra tax revenue from older vehicles (particularly diesel). I know lots of tradesmen who can't afford to change to a newer van, it's hard enough keeping any vehicle on the road these days, let alone a new one laden with unessarry technology, that most people don't want,
@minor8hp8 сағат бұрын
Had a Peugeot 2008 on holiday, as a hire car. What a disaster! Everything is controlled from an iPad style screen…..when it works. By the time you’ve fiddled with it to turn the heater down, you’ve almost slammed the car in front. Then it locked up, with the radio at full volume and had to be taken back to the rental people. Give me my old Honda any day!
@EbenBransome8 сағат бұрын
New car sales are down due to the economic hits of Brexit (4% of GDP), the pandemic and the Truss "budget", plus the post-pandemic inflation and the rise in interest rates, and finally plus rent rises above inflation. People are too poor to buy rapidly depreciating capital goods whether petrol, Diesel or electric. The 22% rise for junior doctors still didn't get them back where they were before Farage. They then justify keeping cars longer because new ones have too many gadgets (probably untrue) and cost too much (true).
@hugothales49028 сағат бұрын
I love knobs and analog dials. No screen and no touch!!!
@JanNowak-q7m9 сағат бұрын
Shortly speaking the car manufacturers are doing more and more to make You their slave in exchange for mobility provided by their product. If You effectively can't do much by yourself to maintain the car it effectively is no longer Your car. You're totally dependent on service network and such dependence is brutally exploited. And will be even worse with concept of "Software Defined Car" when the sole purpose of extended software is to spy You and annoy You not only with on board advertising but also with fairly abusive dealer surveillance of Your car condition.
@steve80399 сағат бұрын
Even a newish ICE car is hampered by all the Euro emissions stuff. Just over complicated. How often do we see diesel's with blocked DPF, or Ad-Blue issues. Not for me thanks. Simple, normally aspirated engine, nice tool kit and easy to keep on the road.
@giojohn98079 сағат бұрын
I have a 23 year old car and plan to keep it till either it can't run anymore or I find a more interesting, but still old car
@francomartini43289 сағат бұрын
I think that you are missing something as regards new car sales in the UK in October 2024. While all the reasons cited may be valid generally, in this specific instance the Net Zero targets set by the previous British Government (and adopted by the current one) are responsible for most if not all of that drop in new car and van sales, insofar as from this year onwards, vehicle manufacturers will be fined £15,000 for every car and £9,000 for every van sold that does not meet the target set by the ZEV mandate. In 2024, 22% of sales must be BEVs (hybrids don't count as zero emissions vehicles), rising to 100% in 2035. Since early in the year, dealers have been "pre-registering" unsold electric vehicles so that they count as sales. However, this is not enough given that demand for EVs among non-fleet buyers is not only very low but actually falling. Consequently, since October manufacturers have been withholding ICE vehicles so that customers will be unable to buy them and will either buy EVs instead (since they are not being given the choice) or wait until the new year. It's what's known as kicking the can down the road.
@jonno20009 сағат бұрын
I was going to get a new car in 2025, however the government, in their infinite wisdom, have put that into doubt with their shenanigans putting the price up by over £5000. Do not want EV car as they are useless for towing due to range limitations, particularly in the more hilly/mountainous regions, which also have poor, at best, charging infrastructure. From sourcing raw materials to disposal, EVs are not environmentally friendly compared to ICE cars which have lower and simpler raw material and recycling requirements. Then add in the rapid depreciation, increased running costs, ie servicing, insurance, already higher than ICE car, and the inevitable hikes in VED/Road taxes as ICE cars are deliberately made extinct or priced out of viability. As an aside one UK recycler is predicting 350,000 tonnes of end-of-life electric vehicle batteries to be in the country by 2040. Recycling these is going to expensive and very environmentally unfriendly.
@MrPiras19709 сағат бұрын
In short post pandemic an equivalent to my car was all of a sudden. 20% plus more expensive..
@leonardoatx39 сағат бұрын
We need better 3D printers to keep old cars on the road
@MyerShift79 сағат бұрын
The automakers will soon face a reckoning
@thescouselander55319 сағат бұрын
New cars - too expensive, full of annoying features that don't work properly like speed and lane assist and the specification of the latest models are getting worse. I have a 3 year old BMW 330i and BMW are trying to get me to change into a much lesser spec 320i for twice the monthlys. There's no reason to take up a deal like that.
@thewatchman60749 сағат бұрын
I simply will not invest in over priced EV technology, that is hugely expensive to repair, and you can't resell. Nobody wants them.
@natelysy31149 сағат бұрын
Start asking how much basic maintenance costs before buying. Headlights/ other lights, brakes, shocks/ struts, tire replacement... These things cost the same as a used car these days, 1 headlight could be $3000 not just a $3 bulb.
@michaelgreatorex23409 сағат бұрын
I just bought a beautiful new Porsche 718. It will be a considerable monthly outgoing but I have no regrets. I want my life to involve a cool car! Can’t put a price on that. Also the petrol version of these cars has actually just been discontinued and demand is still very high. I’m expecting it to keep a fair bit of its value if I keep it in good condition. From there I definitely plan to then buy another new car! People have been mean spirited and called me flashy - but the only reason why I’m in this position is because I don’t have a family of dependents unlike most other people my age. Maths is maths I guess!
@theronwolf32969 сағат бұрын
Best to drive pre-depreciated cars.
@deadandburied76269 сағат бұрын
Most new sales are probably fleet.
@RoseGarden-m5l9 сағат бұрын
New cars will too expensive to repair. With garages wanting £100 plus an hour and the fact that the charge per item min 1hr even if it takes 10mins. So a few small jobs which take less than a hour could cost 4 or 5 hundred pounds.
@briansaiditsoitmustbetrue42069 сағат бұрын
Keeping my 1998 Toyota Celica Gen 6 (1993-1999) which has now covered 239,000 Miles for as long as possible... New cars are 💩
@beammeup84589 сағат бұрын
My 2014 Audi A3 with 60k will last another 10 years .... a dream to drive ....
@5ebra19 сағат бұрын
I need glasses to drive so that I can see in the distance. When I wear them I can’t see the writing on a touchscreen! Bi-vocals give me headaches. I know what the knobs, switches,stalks and dials do in my Mk 7 Golf. I couldn’t read the screen whilst test driving a Mk 8 Golf. I will stick with my car.
@N_Newman9 сағат бұрын
Never ever buy a new car. As soon as your car leaves the dealer shop your car price immediately depreciates 10% If you want to buy a new car then buy 2 months old car.
@raydavison29729 сағат бұрын
As you say, New cars are Over-complicated, Over-expensive, Unreliable and not least the 'Connected' car that records everything you do. I have a 2004 Audi A4 Quattro with 250,000 miles and has NEVER let me down. Typically £1000 per year to maintain but it gets everything it needs.
@Dan23_79 сағат бұрын
I have no interest in ever owning a “new” car. I’m very content with my 2003 beetle 1.9 pd tdi with 120k on the clock, and recently I bought a 2001 Clio Mk2 1.5 dci with only 66k on the clock. They’re cheap to run, easy to fix myself (if I ever need to), and both of them have character and personality. I’m not interested in driving an electronics ridden new thing. I like dials and switches that are tactile and you don’t have to look at them to adjust things eg heaters and blowers. I rest my case.
@TheAllMightyGodofCod9 сағат бұрын
I can't tell you why they aren't buying, I can only tell you why I am bot buying one and there are 3 reasons: 1- they don't excite me. 2- they are mostly gasoline, gasoline hybrids and EVs and for my use case scenario diesel is better. 3- My 2009 Citröen C4 works perfectly, is spacious and comfortable, safe enough and i get 4.7l/100km after driving 380km at 120km/h... Why would I buy a new one?
@geppiemockingbird14899 сағат бұрын
Older cars are better. Survivor bias?
@davefish81079 сағат бұрын
Both my wife and me are retired, my wife’s car is 9 years old and only done 27k miles, my car is 15 years old and has done under 60k . I drive under 4K miles per year and my wife drives under 2k a year. Both cars are serviced every year and we will keep them until they are uneconomical to repair. Yes we could afford to buy new cars but we can’t see any benefit in doing that, and I certainly don’t like all the technology that is on the new cars now
@stephen22039 сағат бұрын
The main irritant about (some) old cars is that they don't meet some emissions laws. So you are penalised for driving in London or Birmingham. This is not a problem unless you live in those places....