Why are large engined/big sized second hand cars much cheaper than the small cars with small engines?

Question

I did ask this a minute ago but I got it the wrong way round. Im looking for a car around £3.5k but the cars in that price range are great big hulking cars with huge engines that I cant afford the insurance for. How come smaller cars are more expensive?? I notice that when looking at new cars, the ones with bigger engines and bigger models are more expensive, so why is it the other way round for second hand cars?

Answer 1

No body wants big engined cars any more,To expensive to run.That is why they are cheap.

Answer 2

At - INSUREDEAL.INFO- you can get quotes in just a few minutes

RE Why are large engined/big sized second hand cars much cheaper than the small cars with small engines?

I did ask this a minute ago but I got it the wrong way round. Im looking for a car around £3.5k but the cars in that price range are great big hulking cars with huge engines that I cant afford the insurance for. How come smaller cars are more expensive?? I notice that when looking at new cars, the ones with bigger engines and bigger models are more expensive, so why is it the other way round for second hand cars?

Answer 3

Help yourself you can check your quotes in internet for example here http://help.cheapinsurancequotes1.info/-qypewAU663

RE Why are large engined/big sized second hand cars much cheaper than the small cars with small engines?

I did ask this a minute ago but I got it the wrong way round. Im looking for a car around £3.5k but the cars in that price range are great big hulking cars with huge engines that I cant afford the insurance for. How come smaller cars are more expensive?? I notice that when looking at new cars, the ones with bigger engines and bigger models are more expensive, so why is it the other way round for second hand cars?

Answer 4

Everyone wants a diddy little hatch, in the often mistaken belief that a car that does 40mpg MUST be cheaper to run than a car that does 20mpg. NOT NECESSARILY!
The best overall running costs I've ever had were from a BMW 5 series. Fabulous car, never broke down, got it serviced by a local BMW specialist, & insurance didn't cost a bomb either.
The car that nearly broke me was a 1300cc VW Golf, piece of sh*t!!
If you're young, it's tough to get insurance on a big car, but once you get a bit of no-claims bonus, it's not so bad.

Answer 5

Are you aware that you can find low cost car insurance quote online from reputable companies? Well, I found at http://WWW.LOWER-QUOTES.NET

RE:Why are large engined/big sized second hand cars much cheaper than the small cars with small engines?

Answer 6

Every car depreciates at a different rate. The market determines that. Influencing factors are rebates, new car prices, the demand for that type of vehicle, etc. Many people trade in their big cars with all the fancy expensive options on them well after the warranty is gone. Have you ever heard the phrase "more to go wrong." Plus, mileage plays a factor. These cars are not as desirable and are harder to turn around and sell again.

Answer 7

You partly answered the question yourself - you want a small car, not a large car. You are not the only one. It is a matter of supply and demand.

Many companies buy larger cars for their employees, and change them after three years. That means there is a large supply of second-hand larger cars in the UK.
However larger cars cost more to run than smaller cars. Those buying a used car are doing so because of financial constraints - therefore they also want a car that is cheap to run. They may also be young drivers, for whom insurance on a large car is prohibitively expensive. This means that there is more demand for used small cars than for used large cars - more demand means those selling small cars can ask higher prices.

Answer 8

There is more demand for small cars so higher prices, but the big cars are amazing value for money 5 years ago a merc S500 would cost 100K now under 10K.

if you do your own diy and are old enough to get cheap insurance, and don't so many miles than a big car is amazing value for money, but you need to go for a special car to sell it on quicker, ie the top of the range with all the goodies why go for a 3.2 when you can get a 4.3 for the same money?

Answer 9

small cars are much more popular
think about the value of 1 bedroom flats compared to 2 and 3 beds - often not a vast amount of difference is there?
Demand dear, pure and simnple demand
oh yeah and the afore mentioned incentives like running costs, tax being cheaper etc . . .
bugger aint it?

Answer 10

heck you can get a good small car for £3.5 me thinks your fixated on the age of a vehicle alot of bigger engine cars have dun loads and loads of miles plus thre more expensive to maintain