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Author the real cost of Depreciation!
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
5th Mar 08 at 19:29   View User's Profile U2U Member Reply With Quote

Having said that - this depreciation lark is good for families on a budget, that need a more than capable car at an affordable price.

Namely, a 1.9CDTi Vectra

There was a BMW 745i in a garage near me - same shape as the one in a Bond film that has remote control. It was FULLY loaded, and I mean fully loaded, double glazing, everything. The estimated cost new was £70k. The cost in the garage, approximately 8 years later, less than £14k
Dr Pepper
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Registered: 21st Sep 02
Location: oxford Drives Renault Clio RS200
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6th Mar 08 at 10:16   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ben G
quote:
Originally posted by Graham88
I'd never buy a brand new car, you lose a few k just driving it off the forecourt.


get staff discount and you get a big discount, i got about 2.5k discount on mine brand new, so won't lose as much when i come to trade it in in the summer


As did I - Certainly helps with depreciation
Lucky B
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Registered: 7th Apr 02
Location: Lunatic asylum. Drives: Hard & Fast.
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6th Mar 08 at 17:56   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
& your too 'emotionally' involved to scrap it & spend a small fortune repairing it

Been there before!

Bugger that! I could give a toss about it!
mattk
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Registered: 27th Feb 06
Location: St. Helens
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6th Mar 08 at 19:36   View User's Profile U2U Member Reply With Quote

Mine had a list of £15,600

18 months later I paid £8499

fuck buying brand new Id rather have it nearly half price than having the new car "feeling"
Ian
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Registered: 28th Aug 99
Location: Liverpool
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6th Mar 08 at 19:40   View Garage View User's Profile U2U Member Reply With Quote

That article neglects to mention that Vectras are largely bought by companies who get a discount anyway and auction them off as it's no hassle.

So the losses in context are not so great. Still wouldn't buy an expensive Vauxhall again though. My Astra had a list price of £23k by the time I specced it and I took £4925 for it the other week. Ouch.

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