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-   -   your biggest (£) loss so far? (https://www.scoobynet.com/scoobynet-general-1/483471-your-biggest-loss-so-far.html)

mightyyid 13 January 2006 11:58 AM

When I was 18 I lost my cherry.... no matter how hard I look I cannot find the bugger again, and as many of my exes say I was a stallion, that's a massive loss to loads of other women as well who could have had the pleasure. Thus many would say immeasurable....

All tongue in cheek of course before someone berates me.

Cheers

Andy (aka Red Rum)

Paul3446 13 January 2006 12:08 PM

Too right Joey, why does anyone buy a new car?

Who cares what you lose over 2 years, it's what you lose overnight the day you buy it that must be the most gutting! £4k, maybe £5k?

ethanrob 13 January 2006 12:16 PM

Paid £6000 for a 2002 civic type r(booked at £9500 for trade)part ex'ed it against a 2003 sti with £3500 cash on top = my03 sti prodrive cost me £9500
So, my car in theory has lost £17000 in three year's

And there's peep's out there trying to sell bug eye wrx's for more :eek:

Gary C 13 January 2006 12:32 PM

15K of British energy shares. Company collapsed and lost the lot :(

pwhittle 13 January 2006 12:35 PM

Never having had a new or nearly new car, I've never really lost much. The guy who owned our Volvo before us lost £19k, but that was over 6 years.
Bear in mind when you buy your new STI, you can buy a race car (hot hatch or 924), and race for a season, for <£5k. Then buy a 1 year old STI, and have some fantastic experiences.

pslewis 13 January 2006 12:47 PM

If you pay £21,000 for a new car and keep it for 20 years then it has cost £1000 a year ...... not bad.

However,

Buy the same car, but 1 year old, at £14,000 and keep it for 19 years then it has cost £736 a year ..... excellent.

Just goes to prove that buying new cars is a mugs game .......... I guess, like me, you get caught just the once - then learn!!

And NOT do it again ..

Pete

keithD 13 January 2006 12:57 PM

Not an actual loss but if i had been desparate and not held out for a privite buyer, would have been 11k or there abouts on a wr1 in about 4 weeks !!!

Bought it new at list did not get on with it and was offered 21k for it by one dealer as a trade purchase.

salsa-king 13 January 2006 08:33 PM


Originally Posted by pslewis
If you pay £21,000 for a new car and keep it for 20 years then it has cost £1000 a year ...... not bad.

However,

Buy the same car, but 1 year old, at £14,000 and keep it for 19 years then it has cost £736 a year ..... excellent.


Pete

i like your thinking Pete :) :D


Phil

N*UFO 13 January 2006 08:47 PM

mmmmmm.....
 
A few years ago i bought a rover 800 2 litre vitesse, it was 3 years and a week old, had 40k on the clock with a full rover history,new it was nearly £28 grand, i got it for £2.5, thats £25.5k in 3 years lost!, good car too!(200 bhp,leather,air con etc), I drove it for 2 years and sold it for £1k, bargain motoring!

pslewis 13 January 2006 08:51 PM


Originally Posted by N*UFO
A few years ago i bought a rover 800 2 litre vitesse, it was 3 years and a week old, had 40k on the clock with a full rover history,new it was nearly £28 grand, i got it for £2.5, thats £25.5k in 3 years lost!, good car too!(200 bhp,leather,air con etc), I drove it for 2 years and sold it for £1k, bargain motoring!

Sadly, buying a Rover means that it will also cost you £££££££££££s in repairs!! :eek: :D ;)

Pete

N*UFO 13 January 2006 08:57 PM

Well,......
 
No actually, in two years all i had to replace were tyres and brake pads, have also had a rover 827 since and in the year i had it i had to replace one head lamp.......... can't fault em!:notworthy

s70rjw 13 January 2006 09:07 PM

I bought a 20k mile 00 in August 2004 for £10k. Sold it for £7300 this week. I don't buy new as I lost in the past when i did.. I don't complain. Seeing 1 on the logbook in the previous owners field does not bother me.

bighead 14 January 2006 12:31 AM

Porsche 944 turbo bought in 91 (87 D reg) for 19K...sold it 1 year later to trade for 8.5K :(....and there are worth that much now for a good one !

bob r 14 January 2006 12:49 AM

ahhhhhhhhhh keep em comin:) makes me feel so much better reading that there are other people as daft and impulsive as my sensible self, when it comes to buying cars:lol1:

spufus 14 January 2006 12:55 AM

Ahhh....the vision of hindsight........

WRXewl 14 January 2006 01:09 AM

My biggest money loss is easy, buying a calibra v6 in 2000 for 8k and spent another 7k modding it (still have it in dry storage). Its worth about 1500 now max

martyrobertsdj 14 January 2006 06:15 AM

I sold a house (didn't even want to move!!), made about £40K on it, rented another place for three years "with a view to buy" *said the owner*.
Housing market takes off, owner decides he's not selling.

3 years rent £18K
Old house now selling for £40K more than I sold it for.

House I bought (smaller than the original one) £185K

£140K mortgage.....it was £56K on the last house.

Extra mortgage plus the rent....I reckon it's cost me £102K

BUGGER! Hindsight is an exact science!!

PS: I could kill my Mrs!!!

Robbie T 14 January 2006 09:26 AM


Originally Posted by N*UFO
No actually, in two years all i had to replace were tyres and brake pads, have also had a rover 827 since and in the year i had it i had to replace one head lamp.......... can't fault em!:notworthy

Don't start him on brake pads and tyres FFS :mad:

I'm pleased to say that i have never really lost that much on my cars, at worst probably £300 on the 8 cars i've had. The value of the scoob and how much i might lose if i sell is difficult to tell as it was a part ex with my 5 series.
On my estimations it shouldn't be too much i bought it (MY00 uk turbo with extra's) oct 2004 and chopped in my p plate 528i SE (with extras) plus £1100 privately of course :thumb:

kingofturds 14 January 2006 11:24 AM

wrote off a 99 vectra couple of years cost me £4k had it 6 weeks:(
lost £2k on my last subau, bought for £4.6k sold 12 months later for 3.6k

Castrol 14 January 2006 11:31 AM

Why's it a popular thing in this forum, to slag of Subaru residual values?
We're on our 7th new Scoob and have always sold/traded for good money.

You asked if Subaru had the worst residuals? They don't. A little bit of checking shows the value of the following '97/P reg cars:

Audi 1.8T rrp £21596 p/ex now = £2090 (90% loss)

BMW 328i rrp £24375 p/ex now = £2655 (89% loss)

Subaru Impreza Turbo rrp £18674 p/ex now = £3355 (82% loss)

With certain exceptions, most cars lose money. It's called Life!

jasonius 14 January 2006 01:44 PM


Originally Posted by pslewis
Credit down .... confidence down ....

House prices racing ahead in Northern Ireland and parts of Scotland ... if they are seeing 20% rises and the National headline house price inflation is 2% then, some houses, somewhere, are taking one hell of a beating down on value!!

It's a confidence thing ..... and like a snowball ..... once the prices start tumbling (as they are in places) and it gets reported more and more - then hype will kick in and BANG!!

Wish it would bloody well hurry up as I have been predicting the bang for 18 months now (but I do think it started then!!) - it's just the momentum thats lacking.

Pete

'PSL Financial Services' is it now Pete, or I suppose your a senior consultant for the FSA..?;)
:p

salsa-king 14 January 2006 06:23 PM


Originally Posted by bob r
ahhhhhhhhhh keep em comin:) makes me feel so much better reading that there are other people as daft and impulsive as my sensible self, when it comes to buying cars:lol1:


we're all the same :(

m 14 January 2006 07:31 PM

£50 on Middlesbrough to beat Arsenal 1-0 this afternoon.....if it wasn't for Thierry Henry and the blokes who scored the other four I would've been £350 up on the deal.

scoobynutta555 14 January 2006 07:43 PM

Bought a new P1 for 29k and sold it for 15.5k last summer, so had it 4 years.

Bought a 115 gt tdi 00 W Golf for 5,500, did 10,000 miles, and 6 months later sold it for 5,300.

Buying new is a mugs game unless you can afford it.

*smiles* 14 January 2006 10:32 PM


Originally Posted by bob r
ahhhhhhhhhh keep em comin:) makes me feel so much better reading that there are other people as daft and impulsive as my sensible self, when it comes to buying cars:lol1:

I'm resisiting the urge to be impulsive on a STI Forrester :norty: :norty:

Crazy Chick 14 January 2006 10:36 PM


Originally Posted by *smiles*
I'm resisiting the urge to be impulsive on a STI Forrester :norty: :norty:

You definitely need to resist that urge. :D

MONAS 14 January 2006 10:48 PM

Its not how much you have lost on a car/bike its how much fun and adrelalin rush you got.
Sold my Suzuki GSXR750K4 for a fun factor of £3k worth every penny:norty:

Selling my GSX1400 for a fun factor of £2k worth every penny:norty:

Next few month i will be selling my 225 TT at a fun factor of £10k load of **** paid £23k willpart ex for £13k owned car for 1 1/2 year:brickwall

Type RA STI on the list for clubby rallying fun factor TBA

salsa-king 14 January 2006 11:46 PM

how many ppl look at a 'new' car then check what that car/or its comparable car cost is 1yr/18months or 2yrs down the line from you buying it...
then that gives you an idea what your 'new' car will be worth/or lost

nik52wrx 15 January 2006 12:26 AM

I've lost six pounds after the festive season if that counts :wonder:

Col Stone 15 January 2006 06:27 PM

Back in 98 I bought a 2 year old Audi A4 1.8 Turbo Sport it was the most boring car on earth! I sold it in less than a year and lost £6500 !! but it was worth it as I got my first Scoob import and havent looked back since !
Cheers Col


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