Forum New & Used Car of the Year - Phoenicks
a bit cheeky as its not officially sanctioned but for a bit of fun how about we have a Forum New and Used Car of Year.

We all have a lot of experience with cars, deals, new cars and used and perhaps its time to lay out what cars we all think are the current favourites?

In no way is it scientific but what cars do we think are cracking deals new, and sounds used buys. The cars should also be enjoyable drives!

Suggestions please....
Forum New & Used Car of the Year - doctorchris
Honda Jazz, new or used. A bit expensive new but will hold its value well.Innovative design and a cracker to drive.
Forum New & Used Car of the Year - Phoenicks
I have a few thoughts but:

Used: Ford Cougar: Mondeo Chassis and decent 2.5 v6 engine. loads a kit. £20k new 2 years ago. Get one for £6500k now. Bit uncool but a lot of car for the money.

New: Honda Civic Type R: Lot of car for the money, but fantastic resale and quite desirable.
Forum New & Used Car of the Year - andymc {P}
Used car - one of mine, Seat Leon TDi SE with the 110 bhp engine. In fact, as I imported it from Holland at the right time for a good exchange rate, I saved around £3500 off list and got a CD-changer thrown in, so I even got it for a "used" price in the first place! Loads of kit, comfortable, zippy with decent handling, reliable, reasonable depreciation, and I even have a good dealer nearby.

New, I'd probably plump for the diesel Accord when it comes out - I really fancy a used one in a couple of years' time - but until then it's probably a toss up between the Mazda6 diesel or the 140 PS Audi A3 diesel. The latter will probably be supplanted by the new Leon when it finally arrives though.

You may notice something in common with my choices - as someone said on another board, if it's not a diesel, that's what's wrong with it!

andymc
Forum New & Used Car of the Year - Morris Ox
Porsche 996 Carrera. Can't remember his precise formula, but a chum who manages one of the big four accountants near me bought one at, I think, a year old, plans to keep for two, reckons he will end up £2k down when he sells on.

Now, about that loan application...
Forum New & Used Car of the Year - Hugo {P}
When you talk about value for money on used cars, I've got to award this to my Citroen Xantia 2.0 16v VSX for used.

Underrated car, the suspension really is not problematic if you look after the car. The drive is amaizing for a car of its age and it is after all 10 years old and still drives like new.

I say value for money because you can pick one up for as little as £700 - an L reg in good condition with at least some service history.

The only downside is insurance can be a little steep for younger drivers with little or no NCD. However, there are also the Turbo Diesels and the smaller petrol engines, which will cost less to insure.

The fact I'm selling mine has nothing to do with this post!

New Small car - Toyota Yaris or Citroen Saxo

New medium car - Focus. I've driven plenty of these as hire cars with my last job and enjoyed every one of them.

New large car - Mondeo - it may be something to do with Ford's capability to build cars for 6'4" blokes like myself.

Hugo
Forum New & Used Car of the Year - Marcos{P}
Used car for me would probably be a Mondeo, lots of car, reliable and fairly inexpensive to run
New car would have to be a Merc W211 E-Class E320 CDI, I own one and it's great but also HJ said he would choose one out of any car available, mind you he did say the estate and mine's a saloon but you get the drift.
Forum New & Used Car of the Year - Morris Ox
May be therre is a principle at work here.

Buy cheap and keep for ages, or buy expensive and sell quickly. Either way, these seem to be the best methods of minimising the hit.
Forum New & Used Car of the Year - Dude - {P}


""Buy cheap and keep for ages, or buy expensive and sell quickly. Either way, these seem to be the best methods of minimising the hit.""



M.O.- On what criteria do you base your statement to buy expensive and sell quickly to minimise the hit, as I am interested to hear your views ???
Forum New & Used Car of the Year - DavidHM
I think he means 'buy prestige and sell quickly' - e.g., buy (and wait for) a Z4 or X5, for instance, and then sell it on within six months to a year, once the new one arrives, at close to zero depreciation.

There's always a risk to this but if nothing else you get a better class of motoring at a not too huge premium.
Forum New & Used Car of the Year - Morris Ox
Spot on, David. It applies only to prestige brands and even then you can get your fingers burnt.

Took my lead from my chum with the Porsche. He's very sharp on risk assessment and doesn't buy classics because the market fluctuates too much. His calculation was that, accepting that you had to shell out serious money to start with, you'd get serious money back at the end. £2k down after two years is diddly squat really.
 

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