Getting Value for Money on Cars

I have a friend that bought a 2004 used BMW Z4. Whilst he absolutely worships the wheels that it sits on he realises that in order to keep in line with the market, he will need to upgrade. So, given the fact that he enjoys the ride of the BMW so much, he is not going to upgrade the car make or model, just the year of registration. Most people when buying a new car actually change the manufacturer or model simply because they would like to try a new experience. However, given that the car in question was only bough fourteen months ago and the fact that he has had no problems with it whatsoever strengthen the case not to change. We all know that new cars operate at a huge loss when driven out of the car showroom and that used cars seem to offer that little bit more in way of keeping the residual value. However, with the vehicle manufacturers releasing new versions of cars on a regular basis, even the used cars driver can struggle to keep up. As it stands my friend stands to lose around £4,000 if he does go ahead with his upgrade purchase. In return he will be getting the exact same BMW Z4 albeit a different colour and a 2008 registration plate. All in all, it doesn’t seem that bad a deal given that the average car will lose around £3,500 per year in value anyway. Therefore the fact that he is changing cars now show that even with used models, if you stay ahead of the game, the financial losses do not have to be so crippling. The fact that this time next week he will be driving a nearly new car, which has just over 2,000 miles on the clock, presents a good deal and good value if you ask me. Of course, there is a little bit of time and research needed to try and stay in touch with the car market but the money saved will prove to be a good bonus to those wanting to put the work in. Buying cars can sometimes feel like a difficult task but with the introduction of the Internet – thing just got that little bit easier.