.....In The Shortest Amount Of Time?

Still in shock as I come to terms with losing £7500.00 on a car that is just 5 months old

There ought to be a law against it [img]images/smilies/mad.gif[/img]

TONY

 

how about spending 1000 quid on a 150 quid car and selling it for 350 quid?

Never felt so deceived, damn those Audis.....

 

tonybooth,

Have you actually sold the car and realised the loss, or is it just the case that that's what your car is now worth, but you still own it?

 

I traded it in yesterday

 

I changed jobs where I had to take a company car. I'd bought my Impreza at at the height of the market and when I sold it for £11k I still owed about £16k on finance.

 

Tony, which car?

The bigger they are, the harder they fall. Those who splash out on a Bentley lose the price of a 2-bed flat in the Home Counties in that time.

 

MY00 Impreza purchased for £21,309 and sold 22 months later for £12,650 which works out as a £8659 loss.

Never buying an expensive brand new car again as it is like setting fire to money.

All of you STi7 owners must be gutted when it comes to trade in time!

 

Its only like setting fire to money if you keep it for such a short time Joey!

 

Brendan

It was a Fiat Stilo Abarth

TONY

 

Biggests loss, 6k on a Mondy ST24 in 6 months. Never again I tell you, never again! Did like the car though, but wanted a scooby

 

£2000 on a Mondeo Si 4X4

 

12k in 14 months on a Lotus Esprit V8SE 97. Then went on to lose 5k on a P1 in 8 months, 7.5k on a Ferrari 348ts

Cars are a waste of money which is now why I drive a golf, and am buying a second house and a helicopter. Enough said...

 

Chopper, dont do it !

Helicopters are the only way nature has devised to keep the numbers of rich people down as they have no natrual predators, therefore private helicopters are employed for this purpose, every few months you hear of one landing in a field in bits following the owner not realising that between two pylons several thick pieces of electified cable are strung !

 

Chopper. I dont care what you do but i want your job

 

Bought a Rover 216 for £2200, then gave it away 12 months later cos the head gasket/ECU had gone, and I couldnt be arsed fixing it.

 

£8000 in 5weeks

 

8k in 5 weeks. what, did you buy the car for 8k, insure it 3rd party only then write it off into a wall?

 

lol @ midget!

 

tony you are absolutely right, there ought to be a law against buying a Fiat Stilo.....

They can't give the bloody things away, that's why you get £2000 discount on the cheapest versions, let alone the Abarth. Its practically the worst car in terms of depreciation on the market, you'll be lucky to get 50% back after a year, so by the sounds of it you did about average.

 

Buy almost any new car, chop it in inside 2 years and your wallet will cry...

 

Reffro

Too true mate. If it had been a proper manual transmission though I would have kept it, but the Selespeed is so annoying [img]images/smilies/mad.gif[/img]

TONY

 

My boss paid about £30k for a Jeep Grand Cherokee, got bored of it in 9 months and traded it in for £16k

My company Lexus cost £22,500 and it got sold for £9k 3 years later which is a hefty loss on a so called luxury car, IMHO.

Edited to add: Ironically, my boss has more recently bought another Grand Cherokee, used this time, for £18k. I'll buy it off him in a months time for £2.50 at this rate

[Edited by NotoriousREV - 5/6/2003 10:20:27 AM]