How do people afford new cars?

[Evil_elvis]

I used to know the guy who started this:
http://www.ecurie25.co.uk/
Epic but pricey.

 

[xpar1]

Another way to look at it: If you want to change your car every 3 years and spend £30k each time, you need to put away over £800 per month for 3 years to save another £30k to buy the next one...which then makes a £400 per month PCP deal look attractive.[/b]

Will you need to save another £30k ? Surely you have value in the existing car?
Ie. approx half of its original cost.

So you will (only) need £15k to replace the £30k car you bought three years ago?

Yeah my bad, I was meant to say to get your £30k back that you had spent upfront not taking into account the trade in etc. Changed the post now to what i meant