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Had a bit of a look at a few vehicles on Trademe, ex demos or private sales that are around a year old and less than 10,000kms can save around 30% on the new price.

Even if you pay cash for a brand new vehicle, that's still $40k odd that you could have used to pay off a chunk of your mortgage, it doesn't really matter what method you pay by it's money that could...

I could pay a sizable chunk with cash and pay the rest on finance, or put it on the mortgage.
Either way any money I spend on a vehicle is money that would (arguably) be better spent paying off my...

This thread has shown well the two trains of thought, either;
a, a depreciating asset
b, a ongoing cost that you either justify by the joy/work/use that you get from it.

Unsurprisingly I didn't...

I take it you used them as work vehicles? Or do you just like having something new that (probably) wont cause you any issues?

Reason for asking this is I've looked at the price of new car/4x4/ute/SUVs and on my salary I could afford something pretty reasonable, but to me it doesn't seem to makes sense financially as my...

So I've never spent more than $4500 on buying a new (to me) vehicle before, everything has been 15+ years old but generally still in good nick.
But lately I've been contemplating buying something...