Depreciation

[jim123]

What sort of yearly depreciation could be expected on perhaps a 6-7 year old Chimaera? Useful to get opinions as well as seeing the various for sale prices.

Thanks

Jim

[Mark.S]

£1000 or so seems common for average TVR mileage (6000/year).

[MajorClanger]

jim123 said:

What sort of yearly depreciation could be expected on perhaps a 6-7 year old Chimaera? Useful to get opinions as well as seeing the various for sale prices. Thanks Jim

At a guess between 5 and 10% annual depreciation at that age. By then value pretty much depends on condition, what mechancial work has been done, how hard it's been driven etc. Depreciation will slow down around this age (to a point where you don't see many Chims going for less than £12000 - 14000 - and they tend to be the first ones around).

Have a look at adds on here. If you are a TVR Car Club member have a look through the adverts in Sprint magazine for some ideas.

MC