I've never had a new car.. My first car cost me £600 when I was 23... LOL. It was a rusty old grannies mini. Mind you I managed to buy that outright.
I was not living at home though and had to pay rent ctax etc and was earning crap money... (I'm a scientist and the pay is badddddd!! especially then when it was my first job after graduating).
That mini was great fun and taught be to enjoy driving (which I always hated up til that point). It's the only car I've ever bought out right!!
My current car is the newest I've ever had, still paying a loan but it'll be finished in a years time then it'll be
all mine. And still reasonably newish... well kinda!! At least I don't get the huge depreciation that the first owner must have had after selling after a year.
If you have the means go for it.... but for me I'm never going to be one for spending huge amounts on a car I just don't have the cash!! I even begrudge paying the £300 for insurance and I know that's a fraction of what some of you guys pay, and I'm old (30) and have a low-performance car...!!!
Still I love my
ibiza as much as anyone else. So my motto is do the best by the means that you have!!