Thursday, January 8, 2009

The Atrraction of Buying New Cars

We are in the midst of a full blown credit crunch, yet people are still wanting to have the most extravagant new cars under there belts. No matter how much people are struggling they still love to go out and splash out on a fully blown top of the range vehicle.

Let's have a look at a few reasons why people love cars so much and why they have to make themselves struggle to drive in luxury.

Social Pressure
This is probably one of the main reasons why people are buying brand new cars. What is worse than going out in an old heap and then seeing your friends or a family member driving a top of the range car. People do not want other people to see that they are struggling, so they go out and buy a new vehicle even though they cannot afford to show people they have made it in there lives.

Show off
A lot of people want to buy a new car to show off, they love all the attention they get from having people look at them when they stand still next to traffic lights or pull up in a crowded area.

Speed
Some people love vehicles that go fast, they know that by buying a new car, it will ultimately fill there thirst for driving at fast speeds. New vehicles run a lot faster. Even diesels are quite quick off the mark.

Relaxation
A lot of people just buy a new car simply for the relaxation factor. This is especially true if people are travelling long ways on a regular basis. They want to relax and have all of the latest technologies that are open.

Collectors
Some people are quite lucky to be well off, these people tend to have a habit of just buying new cars and collecting them, they usually end up sitting in the drive and then get sold off after a few years. But to the buyer it does not really matter as they have the money to effectively feed their collection habit.

There is nothing wrong with buying a new car; I myself tend always look at new vehicles. But make sure that you have the correct finances in place to actually pay for the vehicle as if not you will probably end up getting yourself into a lot of debt and effectively the debt company may well take back the car from you, leaving you with nothing.

Buy a BMW and Buy a Mercedes

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