My house is worth about £400,000, I paid £8,000 for my car 4 years ago. I can't see the sense of splashing a fortune on a car which is a disposable utility item. You might as well burn the money, or give it away to the sharp suited ad men (and women) in London. Spare cash goes into ISA funds.
I buy new, a luxury, and run it into the ground, which is about 8 years with my mileage. Yes I could buy a 1-2 year old car, but I know the clutch and gearbox has not been thrashed. My last car had its original clutch over 160,000 miles, few brake disk changes, one major issue - rust - leading to it being scrapped after ten years.
Posh cars can be hard to park, because they are big, and they annoy other road users. Large diesel 4 by 4's stink, and we now know they damage health.
If I were super rich, I might buy the new Jaguar, but the Easy Jet chap now drives small cheap cars, cos they are easy to park.
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