15k Car - low depreciation...

[fizz47]

Thanks for the replies...


Some interesting options


Current thinking is as follows in no particular order.


1) buy a 3k run-about and additionally spend 12-15k on a caterham (struggling to find a choice of caterhams though)

2) Porsche 996 - like this idea and need to look into this more as totally diffierent to anything I have owned before...

3) buy an SLK 55 AMG - will these hold value ?

Edited by fizz47 on Thursday 18th August 09:04

[Tuvra]

fizz47 said:

3) buy an SLK 55 AMG - will these hold value ?

I'd say Yes, definitely.

How about a Z4M?

[fizz47]

Tuvra said:

I'd say Yes, definitely.

How about a Z4M?

.
Very very tempting and love the look of them - in my mind a future classic.

Only issue with them is they are manual and for every day commute on M25 I hate doing it in a manual.
Also wife will be driving it when I'm not around and she is much more comfortable in an auto. If they were SMG gear box I would have purchased in a heartbeat.

[355Chris355]

fizz47 said:

Tuvra said:

I'd say Yes, definitely.

How about a Z4M?

.
Very very tempting and love the look of them - in my mind a future classic.

Only issue with them is they are manual and for every day commute on M25 I hate doing it in a manual.
Also wife will be driving it when I'm not around and she is much more comfortable in an auto. If they were SMG gear box I would have purchased in a heartbeat.

Then go fo the Z4 Coupe 3.0 as this is available as an Auto. Many see this as a better daily proposition than the Z4M because it's cheaper to insure, maintain and fuel. Yet still does 0-60 in less than 6 seconds.

[irocfan]

fizz47 said:

Thanks for the replies...


Some interesting options


Current thinking is as follows in no particular order.


3) buy an SLK 55 AMG - will these hold value ?

these are going up in value - Mrs Iroc's best friend's son-in-law is selling his one after about 4 years and was shocked that the average value of them is higher than it was then (IIRC they're now over your budget for good ones)

[Rich A]

fizz47 said:

1) buy a 3k run-about and additionally spend 12-15k on a caterham (struggling to find a choice of caterhams though)

Edited by fizz47 on Thursday 18th August 09:04

I did this for a year. You'd get a very good Westfield for 15k (which would be more reliable and fun than a Caterham at that end of the price range)

Only worth taking this option if you have opportunity to use it though, else its a lot of cash to have locked in your garage while you spend most of your driving hours in a cheap run around.

[blade7]

johnwilliams77 said:

fizz47 said:

I only do about 10k miles per annum- but for 2 weeks a month my commute is 50miles roundtrip on m25 hence why I thought 30mpg may be a good shout.

Thinking about it more - it doesn't really matter as my private fuel will get paid so essentially paying only 40% for my fuel.


What are older porkers going to be like for maintenance?

More expensive than a new porsche.

A new Porsche for £15k ?

[LuS1fer]

johnwilliams77 said:

Not really. I just don't think they handle well. That's my point. It's not a cliche, it's just a pretty accepted fact that they're straight line hero's. Especially a 15k one.

At least we agree on something: thats a petty nice looking alfa.

Have you ever driven one. I recall a US test using the C5 Z06 where it spat out a 911 and a 370Z on a track and was more economical than either. I also had a C4 and there wasn't a lot that kept up, even if it liked a bit of oversteer. However, given he wants an auto, it may not be the highest priority.
As for Elises, nice handling but no power or refinement.

On a separate point, again LHD but the 2005-13 Mustang GT keeps it's value and autos abound.

[johnwilliams77]

LuS1fer said:

Have you ever driven one. I recall a US test using the C5 Z06 where it spat out a 911 and a 370Z on a track and was more economical than either. I also had a C4 and there wasn't a lot that kept up, even if it liked a bit of oversteer. However, given he wants an auto, it may not be the highest priority.
As for Elises, nice handling but no power or refinement.

On a separate point, again LHD but the 2005-13 Mustang GT keeps it's value and autos abound.

Yes.
111r has a decent amount of go. Also, you don't need a lot of power when you don't have a lot of weight.

[anonymous-user]

I'm going to say Monaro because I own one. Great V8 rumble, quite rare and going up in value.

Worth it for the engine alone: https://www.youtube.com/watch?v=htvTzFx2zuU

[daemon]

johnwilliams77 said:

Nickbrapp said:

Surely a golf R is the only answer

Surely it isn't since they're not in price range.

Surely it is, since they ARE in the price range.

From under £13K actually.

http://www4.autotrader.co.uk/classified/advert/201...

To £15K for a 2010 lower miles example

http://www4.autotrader.co.uk/classified/advert/201...

[sdkrc]

daemon said:

Surely it is, since they ARE in the price range.

From under £13K actually.

http://www4.autotrader.co.uk/classified/advert/201...

Isn't that the really sketchy Keighley dealership?

[nottyash]

nitrodave said:

I haven't looked recently, but a year or so you could... so that would suggest they are going up in money? Or it could just be summer bumping their value up.

I sold my mint 60 plate 370z to a dealer for £15200 last year. Only 32k miles in black.
They put it up at £19000 which was a 2 grand more than I paid.... and it sold.

[nunpuncher]

One born every minute eh?

Nothing against the 370z but the 350z depreciated horribly. Are the 370s really alot better?

[ZX10R NIN]

If you could live without the auto I would have said a MK2 Focus RS but they're already out of your budget, the Golf R's are in budget & will depreciate slower than the GTI.

Golf R
http://www.autotrader.co.uk/classified/advert/2016...

[daemon]

sdkrc said:

daemon said:

Surely it is, since they ARE in the price range.

From under £13K actually.

http://www4.autotrader.co.uk/classified/advert/201...

Isn't that the really sketchy Keighley dealership?

May well be. There are many others to chose from under £15K and that one was just an example.

[daemon]

nunpuncher said:

One born every minute eh?

Nothing against the 370z but the 350z depreciated horribly. Are the 370s really alot better?

Really?

A new 350z in 2003 cost around £24K ish.

A decent reasonable miles early UK car is still going to set you back around £6K. £1800 a year doesnt sound like a big hill of beans in depreciation?

Also, early 350Zs are going UP in value. You could have bought a nice uk spec one for £4K odd a year or two ago, not its around £6K. This in turn is keeping values of the much much better 370Z above it relatively stable.

We bought our 9K miles FNSH 2013 370Z GT for £19995 last may. Its now got 24K miles on it. Cheapest 2013 GT with under 25K miles on it on Autotrader is £21,495.

And if we were to try to buy another 2 year old with less than 10k miles, the starting price is now £23,995.

By no means saying the 370Z is depreciation proof, because its not, but certainly your "one born every minute, eh?" and "the 350z depreciated horribly" comments are very wide of the mark

[Pulse]

daemon said:

To £15K for a 2010 lower miles example

http://www4.autotrader.co.uk/classified/advert/201...

I'm not entirely sure that would be a safe place to put your money. The market is being flooded with the newer generation Golf R at the moment, at around £20k. This car is 4 years older for only £5k less, so I personally would say it'll depreciate horrendously.

[daemon]

Pulse said:

daemon said:

To £15K for a 2010 lower miles example

http://www4.autotrader.co.uk/classified/advert/201...

I'm not entirely sure that would be a safe place to put your money. The market is being flooded with the newer generation Golf R at the moment, at around £20k. This car is 4 years older for only £5k less, so I personally would say it'll depreciate horrendously.

Nope. Neither am i. However the original post i was responding to was that you couldnt buy a Golf R for the OPs budget. You can

[johnwilliams77]

daemon said:

Nope. Neither am i. However the original post i was responding to was that you couldnt buy a Golf R for the OPs budget. You can

Well done. Thanks for the amazing contribution. Just to please your obvious pedantry:

There are not many examples of golf R's available at 15k so your options will be limited.