M6 Depreciation
Discussion
Leo-RS said:
List price is £79k but Audi are giving a £7k deposit contribution effectively bringing them down to £72k list before negotiating discount. Using the likes of carwow and orangewheels, it's possible to get upto another £5k from the right dealer bringing the base price down to circa £67k. (W8PMC is mistaken with his £60-£62k quote)
For a base car, I would say £67k is good value for money. As soon as you start ticking the options boxes though, the price starts to rocket, with all boxes ticked, you can turn the car into a £140k money pit.
True though, the earliest July 13 cars are being advertised for around the £60k mark currently.
Thanks for the info Leo.For a base car, I would say £67k is good value for money. As soon as you start ticking the options boxes though, the price starts to rocket, with all boxes ticked, you can turn the car into a £140k money pit.
True though, the earliest July 13 cars are being advertised for around the £60k mark currently.
Lostprophet said:
Why is the new M6 depreciating so heavily?
£100k new, 3 years old and they are around the £46-49k mark.
But no one pays 100k (unless they are mental) most pay around 75-80k so 46-49k is 56-61% retained after 3 years which is no better or worse than comparable cars.£100k new, 3 years old and they are around the £46-49k mark.
A good real world example was my old Frozen silver edition M3 list was 63k but bought for 45k (new) sold after 38,000 miles and 18 months for 36k (looks dreadful against the list but pretty good against the actual price paid/mileage.
Another example my M5 was 82k list but bought for 67k, you have to factor in the discounts the first owner gets.
whoami said:
JMBMWM5 said:
ot any more as far as I know, 90K now minimum unless things have changed recently.
£80K is still possible.http://www.petervardybmw.co.uk/cars/bmw-m/m6-gran-...
Leo-RS said:
List price is £79k but Audi are giving a £7k deposit contribution effectively bringing them down to £72k list before negotiating discount. Using the likes of carwow and orangewheels, it's possible to get upto another £5k from the right dealer bringing the base price down to circa £67k. (W8PMC is mistaken with his £60-£62k quote)
For a base car, I would say £67k is good value for money. As soon as you start ticking the options boxes though, the price starts to rocket, with all boxes ticked, you can turn the car into a £140k money pit.
True though, the earliest July 13 cars are being advertised for around the £60k mark currently.
Over on RS246 Leo, new buyers have been quoting up to 15k off list haven't they? So i was £2k off the mark but i thought the list price was still £77k not £79k. Perhaps those deals have now dried up but i'm sure i spotted them.For a base car, I would say £67k is good value for money. As soon as you start ticking the options boxes though, the price starts to rocket, with all boxes ticked, you can turn the car into a £140k money pit.
True though, the earliest July 13 cars are being advertised for around the £60k mark currently.
Edit: My bad it was 15% not £15k so it appears the best OTR price for a stock C7 RS6 is £66k.
Edited by W8PMC on Wednesday 25th November 06:21
Lostprophet said:
I have noticed the same M6's for sale for months! They seem not to be shifting. I guess its the time of the year but also possibly the demand is low. This means one thing... depreciation hasn't fully stabilized.
Of course it hasn't a 40-50k car will lose 1/2 of that again easily, these are an indulgence, just accept that cars like these lose money but reward in other ways.developer said:
Depreciation is "just one of those things" in this sector, like £500 road tax and poor mpg.
Mine was £93K new and I paid £64 at 9 months old (E63S, not M6).
I knew the financial pitfalls but still did it (for the second time).
The upsides are still greater than the downsides.
YOLOMine was £93K new and I paid £64 at 9 months old (E63S, not M6).
I knew the financial pitfalls but still did it (for the second time).
The upsides are still greater than the downsides.
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