Why Buying A New Car Can Be More Risky Than Buying Used?

Video Description

You may be aware about the risks of buying a used car, but did you know that you're likely taking a far greater risk when buying new? Get a competitive quote for your insurance via these links: Collingwood (up to 35% discount via the link): https://www.collingwood.co.uk/learner-driver-insurance-adi/?refid=408619 Confused: https://click.linksynergy.com/fs-bin/click?id=3Mt59ulebuI&offerid=1671753.425&type=3&subid=0 The above links are affiliate links and Conquer Driving may receive a small commission if you use them but they will cost you nothing to use. Thank you for watching and supporting the channel. Instagram: https://www.instagram.com/conquer_driving?r=nametag Facebook: https://www.facebook.com/Conquer-Driving-162518957146525 This video is created by an experienced driving instructor, please subscribe to get my latest videos as I upload them to help you pass the GB Driving Test. Here is my driving school's website: https://www.conquerdriving.co.uk This video is a guide intended to help people who are learning to drive with a driving instructor in Great Britain, it is by no means a replacement for driving lessons with an appropriately qualified driving instructor. Laws and driving rules may be different in your country. The makers of this video cannot be held liable for any consequences caused by any information that is in any way inaccurate, misleading or missing. The makers of this video are not liable for any person's driving other than their own, it is the responsibility of the person driving a vehicle to ensure they drive safely and within the law. The makers of this video are also not liable for any person failing a driving test as a result of the information provided in the video. 00:00 New more risky than used? 00:20 Risk 1 - Time & depreciation 01:11 Base spec car 03:19 Mid spec car 04:55 Top spec car 06:26 My car 06:58 Risk 2 - Negative equity 08:16 Risk 3 - Bad deal 10:19 Pre-registered 11:24 Electric car targets 12:47 Risk 4 - PCP circuit trap 15:09 Do your research 17:25 Why I bought new?