View Single Post
Old 9th November 2019, 12:33   #5
Olde faithful
Loves to post
 
ROVER 75 TOURER

Join Date: May 2017
Location: BIRMINGHAM GB
Posts: 355
Thanks: 27
Thanked 268 Times in 102 Posts
Default

The cost of a new car over depreciation is one of those things new cars sales do not want to talk about, i just bought a brand new car, to sit alongside my Rover 75 and although i love my new car.

i hardly ever drive it, i prefer the Rover 75! truly
The cost of keeping her on the road his higher , but is it really?

recently i have spent on my Rover 75, a car worth tops £900, i have bought a new entire clutch system and fitted £630, tracking and two new tyres £230 so theres £860 on its own without, tax £200, INSURANCE £270, service £225, and some minor repairs totaling £600, so far this year the olde dog has cost me around £2500.

however some of these are future proofing jobs i wanted doing. However as much as £2500 for a years motoring sounds dear for a car worth £1000 is it really? NO, because dividing that by a year is only £200 per month approx

what executive car can you get for £200 pm, plus at £600 per month depreciation loss on top? thats over £800/850 per month losses on a brand new car, when my Rover will cost £2500 all year, zero depreciation cost and over time goes back up.

I sometimes wish i never bought my new car, losing that kind of money per month, however has taught me, not to bother in the future, for a new one set aside a budget for the olde dog and keep her running, the main fact is after 316000 miles not once has she broke down , she keeps on rolling my mighty R75, high maintenance it seems is not so true.... when you factor in depreciation losses, which are huge costs. the car starts sub zero temperatures or hot days, what the hell do we need shinny new reg or reliable motors that run and run?

old car every time and i have a 69 plate car on the drive too. ROVER "in a class of its own" so true
so while the surveys look great these are pretty new cars Rover cars are at least 14 years old so amazing in the top 8, fantastic!

Last edited by Olde faithful; 9th November 2019 at 12:46..
Olde faithful is offline   Reply With Quote