Why do people buy brand new cars?

[R1Geezer]

Apart from fleet managers and hire firms and other commercial reasons, why would a private indvidual buy a new car? Ok lottery winners and rich people accepted. I'm talking about your average joe. I mean look around the car park aywhere and 90% of them will be newish probably on tick, people effectively paying a second mortgage on something that will depreciate to zero. Madness absolute madness, can you imagine buying some shares that you know will fall to 0?

[RATTER15]

Sometimes life isn't just about saving money, some people just like the luxury of a new car and nice things, you cant take it with you!!

[Sqad]

langara...I agree. One get´s a better trade in price against a new car than against another second hand car. A good deal, by my definition ,is when both parties are happy.

I couldn´t care less what happens to my trade in car after the deal is done and if the garage makes a profit, then good luck to them.

[andy-hughes]

I guess an incentive for a new car - apart from the 'newness' of it - is the warrenty that ensures you can get its glitches in the first six - twelve months ironed out easily and at no cost.

I balance that against the fact that if I buy a car one - two years old, the major depreciation has occured, and someone else has endured the hassle of fixing its glitches for me.

Personally, I don't harbour a desire for a brand new car - I am content with one that goes.

For my next car, i want a yellow Fiat Sport, and a 'used' one will be fine.