I bought a 2013 FF autobiography in December and have just sold my L322 Vogue TD6 (2010 face lifted) 50,000 mile paid £20,000 private sold for £7000 private and was owned 9 years giving me a loss of £1,444 a year not bad.
I decided to buy my 2013 (Very low mileage) from a RR dealer with approved used (for what it's worth) for £44,000 cash and i expect to own it at least 5 years and sell it with about 55-60000 miles.
So based on peoples assumptions that £11,000 loss is good after 4 years the car is free (Technically)
Now i could afford a new one however why would i bother?
Will my neighbours in residents parking hit it less often? NO!
Will 99% of people be able to tell the difference as i have a private plate and unless you have and 2013 and an 2019 next to each other for 99% of people its subtle so NO!
Will it break down more often? Possibly not!
Does a 2019 have more toys than a 2013? Whilst some not as good, I've every option except auto park, HUD, and tow bar so Glass roof, deployable side steps, Adaptive Cruise with queue assist, adaptive lighting, ambient lighting, winged head rests, garage door opener, cabin heater, massage seats, electric tailgate, 5 camera's, rear TV's, Dual view, piano black trim, Ebony leather, suede roof lining, cross traffic assist, rear traffic detection, 22" turbines, boot storage system, full size spare, fridge, bla bla bla bla bla and many more. So i'm more than happy and the toys would put it "new" out of the range of most.
Is it any safer? No!
Is it any better off road? No!
Do i own it? YES
If i lost my job would i need to hand it back. No!
Will my road tax be higher each month? Yes
Will i have to pay an extra £12.50 to drive into central London each day from today onwards due to the ULEZ? Yes but i drive in less than once a year.
I'm confident the resale values of L405 will be higher than L322 due to the technology and higher original price. A decent L322 low mileage is £20-25000 so lets say i keep mine for 5 years i'm sure we can agree it would easily sell private with low miles and the great spec for £20000??? and that's the lower end.
Well then I've lost £24000 in 5 years
So ownership will of cost me £4800 a year or £400 a month possible slightly more than a rather poor spec'd lease car when you consider the initial rental people pay and i'm driving a full fat.
I was always told if you can't buy something then don't own it and an fool and their money are easily parted, so why the hell would i buy a new one? I've just priced a new one up with my spec and it was £121,297.00 Thanks god i was sat down. If i won the lottery i don't think i'd buy a new one, absolutely no point.
I know the question was cash or finance, but consider getting slightly older and then cash and ride out the loss.
Just my 2 pence
Plus i need to get my posts up so i can post a wanted add for a deployable tow bar, the one i had lined up fell through.