View Single Post
Old 8th May 2008, 17:23   #1 (permalink)
architect
BHPian
 
architect's Avatar
 
Join Date: Apr 2008
Location: New Delhi
Posts: 142
Default Short Term vs Long Term Ownership, New Car vs Used Car Ownership

I am curious to know about this one.
Some people believe that the moment a car starts demanding a single paisa on anything other than regular servicing, its time to sell it. Or whenever the last EMI gets over. Or whenever the car crosses 30,000 kms. Basically enjoy the car in the "honeymoon" period, then sell it and get a bigger, better car. My boss simply sells his car after 3 years, regardless of condition or mileage covered.
Another group of people beleive in holding on to the vehicle till it literally falls apart.
Some people always buy new cars.
Some people always buy used ones. Obviously as long as there are people changing cars frequently, there will be a group
The question is why are you part of any of the above mentioned four groups? Can you mention the advantages or disadvantsges for choosing any of these?
Thanks in advance!
__________________
Pulsar 150 DTS-i 2005 - 36,500 kms, 39 months and counting...,
Palio Stile 1.3 MJD 2008 - 10000 kms, 6 months and counting....,
architect is offline   Reply With Quote