new car depreciations??.. nu car £18300 (BRAND NEW!!)
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Scooby Senior
Joined: Feb 2000
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From: Nottm
what do you expect a new WRX3 to lose as you drive it off the fore court???
if book RRP is almost £21k??
yesterday a Subaru Dealer offered me a BRAND NEW WRX3 OTR £18300
so... if you bought a car 4 months ago.. was trying to sellint now.. you'd expcet £19k??? yes or no??
but if the BRAND new car is only £18300.. does that de-value a second hand price down to £16500 for a neraly new with 5k miles?
as i look at it as soon as you sit in it you've lost as good as £2k
Beechdale Derby have an Ex demo.. 8750 miles.. March 03 plate.. £17500!!!!!! but for £800 more i can pick my colour.. be the first registered keeper and have only delivery miles on the clock.. also get the most upto date number plate.. not an 03 one! lol
it makes it very hard for ppl to try and sell a less than one year old car for £18K+
are dealers making the second hand car values so low to compete with Dutch Imports?
Phil
if book RRP is almost £21k??
yesterday a Subaru Dealer offered me a BRAND NEW WRX3 OTR £18300
so... if you bought a car 4 months ago.. was trying to sellint now.. you'd expcet £19k??? yes or no??
but if the BRAND new car is only £18300.. does that de-value a second hand price down to £16500 for a neraly new with 5k miles?
as i look at it as soon as you sit in it you've lost as good as £2k
Beechdale Derby have an Ex demo.. 8750 miles.. March 03 plate.. £17500!!!!!! but for £800 more i can pick my colour.. be the first registered keeper and have only delivery miles on the clock.. also get the most upto date number plate.. not an 03 one! lol
it makes it very hard for ppl to try and sell a less than one year old car for £18K+
are dealers making the second hand car values so low to compete with Dutch Imports?
Phil
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Scooby Regular
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From: Old Codgers Home
30% in year 1
40% in year 2
50% in year 3
100% when it goes to Joes Scrapyard
To my mind, if you keep it for 10 years and get 10% back then its cost £2000 a year in depreciation (well, mine will have) - BUT if I had sold at 1 year old it would have lost £6500 in that 1 year alone!
New cars are a mugs game - I bought my Scooby new because 2 year old ones were only £2000 cheaper!!
Pete
40% in year 2
50% in year 3
100% when it goes to Joes Scrapyard
To my mind, if you keep it for 10 years and get 10% back then its cost £2000 a year in depreciation (well, mine will have) - BUT if I had sold at 1 year old it would have lost £6500 in that 1 year alone!
New cars are a mugs game - I bought my Scooby new because 2 year old ones were only £2000 cheaper!!
Pete
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Scooby Senior
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From: Nottm
mr Lewis. you are right.. my MY97 cost £16k in june '99
almost 5 yrs on.. last week i sold it at £6k!
loss of £10k in nearly five years... but in another years time the car would still get £5K?
are Lantry's Sti Type Uk tho?
Chrip.. only money.. thtas what bothers me? I've bought a studio Flat for less than what i had on HP of my car!! lol
Phil
almost 5 yrs on.. last week i sold it at £6k!
loss of £10k in nearly five years... but in another years time the car would still get £5K?
are Lantry's Sti Type Uk tho?
Chrip.. only money.. thtas what bothers me? I've bought a studio Flat for less than what i had on HP of my car!! lol
Phil
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"mr Lewis. you are right.. my MY97 cost £16k in june '99
almost 5 yrs on.. last week i sold it at £6k!
loss of £10k in nearly five years... but in another years time the car would still get £5K?"
Yes Mr Salsa, but think of all the fun you have had inbetween. Lets be honest here people, nobody buys a scoob as a investment. We buy them, have our fun and shed a tear when its time for them to go.
Its easy to say, but just enjoy them and try not to think what they will end up costing you.
almost 5 yrs on.. last week i sold it at £6k!
loss of £10k in nearly five years... but in another years time the car would still get £5K?"
Yes Mr Salsa, but think of all the fun you have had inbetween. Lets be honest here people, nobody buys a scoob as a investment. We buy them, have our fun and shed a tear when its time for them to go.
Its easy to say, but just enjoy them and try not to think what they will end up costing you.
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Scooby Senior
Joined: Feb 2000
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From: Nottm
lol
i'm not even going to say how much i totted up when i went through the receipts I paid out.
anyway.. I looked in Top Marques mag and saw a 51 plate Ferrari for £75k.... new it said it was £176k!!!!!
Phil
i'm not even going to say how much i totted up when i went through the receipts I paid out.
anyway.. I looked in Top Marques mag and saw a 51 plate Ferrari for £75k.... new it said it was £176k!!!!!
Phil
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From: Old Codgers Home
My 'other' car has gone UP in value
and
The wifes car is worth the same as it did 4 years ago
I don't get excited as I lost the value of BOTH the above cars in 52 weeks with the Scoobie!
It CAN be done, just NEVER with new!
Pete
and
The wifes car is worth the same as it did 4 years ago
I don't get excited as I lost the value of BOTH the above cars in 52 weeks with the Scoobie!
It CAN be done, just NEVER with new!
Pete
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From: Notts, UK
is £16k for a Dutch import 53 plate too much? i think so.
Phil
Phil
When a new unregistered EU import can be had for £16499 (+£200 OTR) I wouldn't pay anymore than £15000 for a second hand 53 reg.
Lee
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