At the risk of sounding like a stuck record, I do not get this at all. The below are my own personal views, and I get flamed on a regular basis for having an opinion, so take this as you will, with no offence meant to anybody.
But, Guys will go and pay this sort of money for a new car with motorplan, but wont consider a 4 year old with 101k on the clock, cause its going to break and be too expensive too fix.
This is exactly the reason why car prices are what they are like.
If you are prepared to part with half of the cars value within the first 2 years, then go and buy this.
But it really does not make sense to me at all.
And if you guys know what I know about the new car industry, and how many times that car has been worked on before you buy it brand new off the showroom floor, you will never in your life pay new car premiums.
There is a certain manufacturer which I will not disclose, but last year with the hail, I replaced bonnet dome and tailgate, all elbow beadings, all glass, and repainted practically the whole car. Car was sold as new. I did about 12 vehicles for them.
Then there is damage during transportation, which is an industry I also worked for, unloading/offloading onto trucks/trains. At the docks the cars are packed like sardines with mm between them, guys walk around in their spiderpig costumes and the car gets scratched. Some of these repairs are done at the docks/transport depot in open air. Some are sent to a panel shop.
You folks would fall over blind to know that there are some dealerships who used to send me two cars, one was sold, one was not, with a dent in the door. and they will have you swap out the two doors on the cars, just to make a sale. I shit you not this is the truth.
New cars make sense for companies that can use the initial write off as a tax deduction, for a private individual.. no way.
Specially not 1.2m... that's crazy.
Adam