I'm not looking at this from a savvy investor prospective, I know in retirement my ability to replace my savings ( purchases on toys) is not as great as when I was working over 20 years ago when I was pissing money away on cars like no tomorrow. They have become a slightly more considered purchase as my propensity to save is lower in retirement, I'm more risk adverse compared to my younger days and like the comfort of cash in the bank (although purchasing power is being eroded) as a security blanket in my dotage. I always pay cash for everything, even my current homes, so I'm far from being savvy, just the nature of my makeup.
I am not inclined to getting my hands dirty on home mechanics, never have been and I'm too old to start now. Whilst I'm working towards a CX automatic , as the wife can drive it, having said that I see much greater value in a trad than this % plan CX as its designed for a low mileage therefore low usage scheme,. The CX imho has set the bar higher, but I'm not so sure its increased the 'fun' factor commensurately with the increased price (over a trad) for the amount of use intended under this scheme.
Having said that I can see the automatic CX increasing the number of years I would be able to enjoy driving and sharing a Morgan with Sue, as the marked increase in comfort, access, driveability etc., will be more of a consideration in years to come .So whilst I see myself back in a trad at the moment, I'm sure it will eventually lead to an automatic CX in the not too distant future.
