Discussion
You say that but you will only be breaking even or possibly make a few quid if the mileage stays incredibly low.
If you actually drive it then it will be worth half that in 5 years of average mileage.
If you kept it 2 years and did around 20k miles then it will likely depreciate only a grand or 2 in that time if its kept nice.
Either way though as long as you dont encounter any expensive problems then that sounds like cheap motoring to me .
If you actually drive it then it will be worth half that in 5 years of average mileage.
If you kept it 2 years and did around 20k miles then it will likely depreciate only a grand or 2 in that time if its kept nice.
Either way though as long as you dont encounter any expensive problems then that sounds like cheap motoring to me .
rb5er said:
You say that but you will only be breaking even or possibly make a few quid if the mileage stays incredibly low.
If you actually drive it then it will be worth half that in 5 years of average mileage.
If you kept it 2 years and did around 20k miles then it will likely depreciate only a grand or 2 in that time if its kept nice.
Either way though as long as you dont encounter any expensive problems then that sounds like cheap motoring to me .
Good points; it would be a slightly strange purchase to whack a load of motorway miles on but for a second/weekend/toy car you could do a lot worse.If you actually drive it then it will be worth half that in 5 years of average mileage.
If you kept it 2 years and did around 20k miles then it will likely depreciate only a grand or 2 in that time if its kept nice.
Either way though as long as you dont encounter any expensive problems then that sounds like cheap motoring to me .
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