-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: How do you normally pay for purchases in stores?
How long to keep a car for?
- Thread starter feo
- Start date
Naks
Honorary Master
- Joined
- Jun 3, 2009
- Messages
- 10,115
- Reaction score
- 6,068
I have a Defender, they are for life.
SWAMBO's A3 TDi is out of warranty/maintenance plan in Dec, will probably replace it sometime next year.
SWAMBO's A3 TDi is out of warranty/maintenance plan in Dec, will probably replace it sometime next year.
SaiyanZ
Executive Member
I plan on keeping my 350z for 10 years or until it costs me too much to maintain/repair. Just got it last year and it is already 5 years old. I would rather replace the clutch after a few years for R25k than go out and get a new car. If I were to get a new car with the same power/looks etc. I would have to spend well over R400k. Or around R200k for another 5 year old simlilar spec car.
I trade in when:
1. The annual vehicle maintenance costs starts to approach the repayments of a new vehicle plus insurance of a new vehicle. This has never happened to me due to new vehicles being so damn expensive.
OR
2. I get sick and tired of fixing the vehicle all the time and would prefer the number of days it's drivable to be greater than the number of days it spends in a workshop
OR
3. That flashy new vehicle is irresistible and the wife says go for it
1. The annual vehicle maintenance costs starts to approach the repayments of a new vehicle plus insurance of a new vehicle. This has never happened to me due to new vehicles being so damn expensive.
OR
2. I get sick and tired of fixing the vehicle all the time and would prefer the number of days it's drivable to be greater than the number of days it spends in a workshop
OR
3. That flashy new vehicle is irresistible and the wife says go for it
Rouxenator
Dank meme lord
That's the best way of looking at it. The other reason can also be if you have a use for it.
We spent a lot on our old Microbus because we had a need for it and only sold it once we no longer needed it. It did go through 3 gearboxes and 2 engines which cost a lot more than it was worth on paper, but it was used a lot and it served us well.
Currently I have a 2001 Astra with close to 180,000km on the clock and I plan to keep it until it starts costing me too much. Value wise it will not loose that much since it already hit R55k a year or so ago. I guess depreciation rate is another reason some people keep/sell a car.
I would think twice about keeping a modern car for longer than it's warranty/maintenance plan. I have heard to many horror stories with regard to maintenance on modern cars once they go out of warranty. Gearboxes, turbo, engine, electrical problems cost a hell of a lot more on a modern "fancy" car to get sorted, than an old school (less technology) car. So i would consider what type of vehicle it is as well.
I would consider keeping a car which has less tech and more mechanical bits for a longer time than a vehicle with all the latest bell and whistles. However, if a monthly instalment on a new car does not pinch your budget too much, I would go with a trade in as soon as the warranty/maintenance plan expires. Unless you are buying very expensive and rare cars there is no real good time to sell, you will never get back what you paid for it.
I would consider keeping a car which has less tech and more mechanical bits for a longer time than a vehicle with all the latest bell and whistles. However, if a monthly instalment on a new car does not pinch your budget too much, I would go with a trade in as soon as the warranty/maintenance plan expires. Unless you are buying very expensive and rare cars there is no real good time to sell, you will never get back what you paid for it.
I don't agree as long as your car is not exotic you can keep it running for not too much. Take for example my one friend drives and oldish Renault Gearbox goes and she gets it repaired by the dealers for around R25000. Now if it was me I would take it to a gearbox exchange and get it repaired for R5000.
It's only going to be very expensive if your lazy or stupid.
Now try that exercise with any VW that has a DSG gearbox and we'll talk again. Like I said, if you have a car with minimal tech then kaap it, otherwise get rid of it...
Yes but you can call DSG an "exotic technology" it's not mature enough yet to be supported a lot in SA.
Rouxenator
Dank meme lord
I guess my wife then has 120,000km to go in my old Astra
I bought it when it was just outside of its maintenance plan and it never cost me a lot to keep on the road. That being said its a pretty straight forward car and I have it serviced every 15,000km by a very reliable workshop. I am not sure I would have kept it so long if it was a fancier car. Partly because of higher service costs but also because of steeper depreciation.Fair enough, but I see more and more new entry to mid range vehicles stacked to the rafters with all kinds of tit bits, which simply cannot be fixed the "do it on the cheap" way any more. Again, all depends on what your drive currently.
LOL, just combining those two names in one sentence usually triggers off an alarm on his computer!
The guy must be on holiday or back in Groendakkies updating his medication...
That statement was made with him in mind - dissapointing that he didn't take the bait.
Rouxenator
Dank meme lord
A lot of it depends on where you take it for a service or to get fixed. A guy at work has a M-Class and one of the electric windows did not want to go down. Mercedes quoted him R21k for a new center piece that holds all the windows buttons (around the gear gate) and a new motor for the window. He took it to the auto electrician where I have my cars services and they fixed the down button for him @ R800 labour. Sometimes dealership will just tell you out right that something cannot be fixed where as if you take it to a reliable mechanic and give them enough time they can fix it in at a reasonable price.
Nah, I only troll where trolling is required, this thread can do without trolling.
Nah, I only troll where trolling is required, this thread can do without trolling.
feo
Honorary Master
Well my previous car, a Toyota Conquest 160i RS, we had for 15 years and it only had 60000km on the clock. (no joke)
It was involved in a couple of accidents and we only got R20000 for it so I just don't want the same thing to happen with my current car (BMW 120i)..
It was involved in a couple of accidents and we only got R20000 for it so I just don't want the same thing to happen with my current car (BMW 120i)..
D34M0n7
Executive Member
Once I get my first car (hoping for a new ford fiesta sport) I'd like to keep it for at least 10 to 15 years.
That depends on a few things though, if for whatever reason I make a fair amount of money during those years then I'll probably get another car or perhaps if I were to be in an accident and got the car written off.
That depends on a few things though, if for whatever reason I make a fair amount of money during those years then I'll probably get another car or perhaps if I were to be in an accident and got the car written off.
Fazda
Honorary Master
Well you had better not keep the Beemer for longer than 3 years then...
To be serious, cars are a massively depreciating asset people....they are NOT going to hold their value, and quite frankly if you think they are after a period of 15 years, you are simply being naive. BTW don't blame the dealers...NOBODY would pay more than 20 to 30 k for a 15 year old car that wasn't that special in the first place!
BoomerPipe
Active Member
Had my golf 5 for six years now will keep it for s few more I think, or till it starts to cost me more to fix it than to replace it. Hope that's not to soon though.