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    17 yr old car 140,000 kms Versus investing

    Mercedes benz right now is offering 6500 off their recommended retail price of 65000 for their entry level C class sedan. Is this a really good deal? I have often wondered how much profit a mercedes dealer makes from selling a c class sedan for 65000 but clearly, they make more than 6500 per...
  2. C

    17 yr old car 140,000 kms Versus investing

    The car gets serviced regularly at the Toyota dealership at all the major milestones. Is this sufficient?
  3. C

    17 yr old car 140,000 kms Versus investing

    Would you say 10 years AND / OR 200000kms? What about those of us with 10 plus year cars but only about 110 000kms?
  4. C

    17 yr old car 140,000 kms Versus investing

    Hey BV, so when do you recommend changing cars? Once it reaches a certain age? Once it has done certain kms? Once it requires visits to the mechanic beyond regular servicing?
  5. C

    17 yr old car 140,000 kms Versus investing

    And so he should. As an employer, one of the biggest irritations is when the employee fails to convert a customer or frankly fobs off a customer. In a car dealership where the dealer stands to profit four to five figures from each sale, this must annoy the owner /dealer a lot.
  6. C

    17 yr old car 140,000 kms Versus investing

    A sale is a sale. It means increasing profits. It doesn't matter if cash comes from a woman or a man, from young or old or from black or white. It means that the salesman can keep their jobs for another week.
  7. C

    17 yr old car 140,000 kms Versus investing

    I have the reverse experience. When I first started looking for PPOR, aged 30, agents asked whether my parents were financing the purchase or whether the parents needed to have a look first. Now when I inspect properties aged 38, they no longer ask that question. I would have thought the same...
  8. C

    17 yr old car 140,000 kms Versus investing

    Very true. Many berate me about this fact. Its just my chronic procrastination. But I think next year is the year for car change. I feel almost sentimental about the old car which has given faithful service over eleven years and I have been involved in two low speed collisions in it. First, I...
  9. C

    17 yr old car 140,000 kms Versus investing

    Geoff, I think safety has to be top of the list when considering car purchase. Without life, what else is there?
  10. C

    17 yr old car 140,000 kms Versus investing

    I drive a 2003 Toyota Corolla so I would have had no chance in the above sceanario. I am thinking of changing cars next year when I exceed 100,000km and the 12 year mark. I am very interested in safety and would pay a premium for this. I don't need hummers nor SUV. I need a daily commuting...
  11. C

    17 yr old car 140,000 kms Versus investing

    Thats good advice thank you.
  12. C

    17 yr old car 140,000 kms Versus investing

    What is the best way of "binning" an old car? I understand if it is much older than ten years old, you can't get trade in when purchasing a new car. Do you just give it to scrap metal dealers, give it away or what?
  13. C

    17 yr old car 140,000 kms Versus investing

    I think that having money in the bank or having money coming into your bank account from investments e.g.IP gives you much better enjoyment and sense of security, pride than even the best car ever would. Whilst I enjoy the look of nice Euro cars, I give priority to maximising my bank balance...
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