08-29-2017, 01:00 PM | #23 |
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That makes absolutely no sense. Your car is worth less than you the price you're being asked to pay for it, so you buy it so that you can keep it until it's depreciated even more.
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08-29-2017, 01:47 PM | #24 | |
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08-29-2017, 02:12 PM | #25 |
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I for one enjoy washing my cars, I spend hours sat in front of a screen for work and quite enjoy doing something more 'manual' where there is a sense of achievement. Mines on a PCP and don't 'own' the car but still like to look after it.
I don't own my house as I have a mortgage on it and will prob sell it in 5 years to get a larger property but I still look after it and keep it clean. Is that any different? |
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08-29-2017, 02:26 PM | #26 | |
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As @goodbyalfa says, you also need to weigh up the cost to change. Cars are only in negative equity when you come to sell. If you buy new out right, you car is in negative equity immediately. It's a depreciating asset. At the end of the day it's all down to cost per month. People cry about neg equity at the end of a PCP when really they are just upset there is nothing to add to their deposit on the next car. Last edited by Nobby Clark; 08-29-2017 at 02:42 PM.. |
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08-29-2017, 03:44 PM | #27 | |
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You have bought your house, with the aid of a mortgage. You are not renting it. If you don't understand the difference between the 2, then there's really not much to be said. |
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08-29-2017, 03:54 PM | #28 | |
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With both a PCP and a mortgage you pay a deposit, you pay monthly premiums and you don't own either until you have paid everything. No difference. |
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08-29-2017, 10:46 PM | #29 |
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About 2 hours inside and out for my F31. Use a foam gun, 2 buckets, mini air compressor etc.... if I am sealing the wheels with HydrO2 then add another 30 mins!
Generally every 2 weeks. Have 3 cars.... and I enjoy being outside! Oh and they're all owned.
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08-30-2017, 01:35 AM | #30 | |
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I've always bought used cars and the condition of some that I have viewed is appalling. Baked on dirt/tar is a pain to remove and if droppings have been left on the paintwork for weeks, they eat through the lacquer. The condition of the car is the first thing I see when viewing a car and it has often put me right off. I wash my cars as a hobby, I'm sure you have hobbies that aren't everyone's cuppa tea, yet you will find forums full of people who enjoy the same thing
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08-31-2017, 12:31 PM | #31 |
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08-31-2017, 01:07 PM | #32 | |
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You could just buy a second hand car of the same age and same or similar spec and you're better off straight away. Both cars will be worth the same in the extra two years, but you'll have paid less to start with. You may well have a personal attachment to your car, or you might think it's worth keeeping a car you know the history of. But financially it makes zero sense, which is why almost no one would do it. Here you go sir, I have a car for you that's worth £12k, it's all yours if you want it, but you need to give me £15k! |
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08-31-2017, 01:11 PM | #33 |
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I don't understand the point re detailing on how you pay for your car, own outright, pcp, lease or whatever. If you drive it everyday and you're keeping it for several years, the physical presence of the car and the driving experience is identical. Cleaning and detailing should not be connected to the financial choice you made, do it if you like to, don't if you don't. But each to their own surely?!
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08-31-2017, 04:03 PM | #34 | |
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You also need to keep in mind, most people are judging negative equity against a dealer trade in price and not an actual private sale. and they are doing this well before the PCP end date which makes a huge difference. My car, for example, at 2 years old was valued at £20k trade in according to BNW. On WBAC, which usually gives the lowest value, it's over £25k. My reckoning is the GFV will be very close to a private sale price at the end of the day. |
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08-31-2017, 04:09 PM | #35 | |
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Which us d car would you buy? One that's clean and (perceived) well looked after or one that's neglected and got 3 years 5hit all over it. |
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08-31-2017, 04:11 PM | #36 | |
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08-31-2017, 04:43 PM | #37 |
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I don?t see whether the car is owned or not has got anything to do with washing or keeping clean.
I had company cars for years and I always kept them clean as I like a nice clean car. |
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08-31-2017, 06:42 PM | #38 | |
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09-01-2017, 02:59 AM | #39 |
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09-01-2017, 05:21 AM | #40 |
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On garden leave and washing my car 2-3 times per week.
Damn having spare time and damn having a black car
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09-01-2017, 10:11 AM | #41 |
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I try and wash mine every two weeks, which is normally around every 1k miles.
Takes me 90-120 minutes. That includes cleaning inside of wheels Wash Dry Quick Detail/ or I apply sealant every two months which adds an extra 30 minutes.. It's certainly not a quick job.. |
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09-01-2017, 10:24 AM | #42 |
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It takes me about 3 hours to clean my F31. Even when I intend to "just give it a quick going over". The EBII looks so good in the sun I always end up polishing and or waxing.
Last weekend I questioned what I'd become when, for the first time ever, I used a toothbrush on the wheels (to get to those 'hard to reach places'.). |
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09-01-2017, 10:39 AM | #43 | |
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The next buyer may care about swirls though. Last edited by Nobby Clark; 09-01-2017 at 02:10 PM.. |
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