Unlike Cooper, depreciation scares the hell out of me,
I would absolutely hate spending money on a brand new car and a mere year later it's worth half the value or so what I initially paid for it.
That's why I'm a big fan of only buying cars at the bottom end of their depreciation. Such as my Galant, my Fiat Coupe, my Alfa V6 I had, etc etc...
It won't be long now before those GT's are being advertised for around the £4000 marker, give it another year or so and their price will deminish quicker than you can say 'Tax is due'.
If someone is well off enough to spec out their own car and buy brand new, and then doesn't mind losing so much cash, then fair play.
But personally I can never see myself buying new, unless of course I win the lottery. But that's rather doubtful isn't it?
People that buy new, and then keep the car for like 10 years or so, have the right idea perhaps. It's when people buy a brand new car every few years that the amount of cash they are losing seriously starts to add up