Hello,
I am planning to buy my first car (I have own a motorbike in another country) in France. The car is mostly to be used over the week end or holidays as during the week public transport does the job. I was heading toward city size car around 10k€. Car manufacturing year is around 2013 and around 50000km.
A friend leaving on frugal style, told me that I will loose half of the car value in 3 years when I want to sell it. His advice is to buy an older car (2007) with more than 120000km.
I wanted to avoid diesel though since they become unwanted in France and I am afraid will not sell good after 3 or 4 years.
So the question is 2 fold:
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What year/km ratio should I aim for to minimise loss at resell and maintenance cost?
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I have around 5k€. So for the 10k€, I was planning to pay half cash the other from a loan at 1%. Should I better pay cash an older car?
Thanks!
April 08, 2018 at 11:23AM
