What's The most You Have Lost On A Car?

[R60EST]

My top 4 are as follows

Bought a 99 E39 M5 in Autumn 2003 , for £25k , sold Jan 05 for £17k

Closely followed by a 2001 X5 , Summer 06 cost £15k , sold Dec 08 for a shade over £7k

The only other 2 losses that stand out were £3k loss on a CLK over about 1yr and similar lost on a new Clio 182 over a 1 yr period.

I know I'll get flamed for even thinking this but with the soaring cost of fuel and very little opportunity to actually enjoy a sports car on the road today ( cameras , congestion etc ) I'm thinking of getting a new 1.6d Kia Ceed or Hyundai i30 as the family car / daily driver and just keeping it until it dies , or the 7 yr warranty expires , whichever comes first. 60+mpg , low tax etc etc , fixed running costs due to the warranty .

I'll still have the bike for the speed / adrenaline fix and possibly consider a weekend toy, E36 M3 or similar to keep long term where depreciation won't really be an issue

[benjfrst]

mrtwisty said:

buzzer said:

Lancia Montecarlo bought for £2000 in 1980, sold 2005 for £6000 = +£4000

Edited by buzzer on Thursday 23 December 20:36

Not too sure about the maths, but can't imagine that 6k in todays money is a lot more than 2k in 1980...
Wantwantwantwant a montecarlo though, very nice.

£2000 in 1980 is £6400 now, -£400.

sorry that was 2005, so was £2000 was about £5800, + £200

Edited by benjfrst on Thursday 23 December 22:51

[Pilgrim20vt]

daemon said:

Lost £10K on a 535d in 9 months....

not one of my proudest moments.

£12k in 11 months on a...535d.

[sparks_E39]

My 1999 E39 528 bought in October 2008 for £3400, now worth £900 and I've taken it from 107k to 131k. Perhaps it's worth my while holding on to her, she's a tough old barge.

[buzzer]

benjfrst said:

mrtwisty said:

buzzer said:

Lancia Montecarlo bought for £2000 in 1980, sold 2005 for £6000 = +£4000

Edited by buzzer on Thursday 23 December 20:36

Not too sure about the maths, but can't imagine that 6k in todays money is a lot more than 2k in 1980...
Wantwantwantwant a montecarlo though, very nice.

£2000 in 1980 is £6400 now, -£400.

sorry that was 2005, so was £2000 was about £5800, + £200

Edited by benjfrst on Thursday 23 December 22:51

but now factor in 25 years of pleasure and use, many many happy miles, making loads of long term friends in the Lancia Club...

[Garlick]

Hardly anything

[Blue Oval84]

One of my worst ever mistakes was a 2005 Mondeo ST TDCi. Bought for £6,700 in November 2009, spent £1200 on a clutch in December 2009, part ex'd for £4,500 in April 2010.

£3,400 loss on a 5 year old Mondeo in 5 months. Mint.

To make up for the pain I swapped her for an Approved Used Z4 and have lost a similar amount, but it's a far nicer car to lose the money on!!

[Negative Creep]

mk.2 Golf GTi, bought for £840, about £400 in repairs, another £350 to get a new MOT on it and then sold it for £400. Nothing compared to a lot of people but a lot of money to me

[Number 5]

I did just short of 6k in just under six months on a brand new B7 RS4 Avant, that was not nice but could have been worse I bailed out of mine just as they took a proper nose dive, a mate of mine bought a saloon RS4 at the same time (new) he kept his just 3 months longer and got stung for about 12k he bailed when they were properly upside down (that makes me feel a bit better!)

[subbs]

rt911 said:

No Make Model Model Date Brought Date Sold Cost Sale Loss

1 Vauxhall Cavalier 1.6L 29-May-88 01-May-89 £1,000.00 £500.00 -£500.00
2 Ford Escort 1.6 XR3i 01-May-89 01-Mar-90 £3,000.00 £1,500.00 -£1,500.00
3 Vauxhall Astra 2.0 GTE 01-Mar-90 01-Feb-91 £5,000.00 £3,000.00 -£2,000.00
4 Vauxhall Astra 1.8 SRI 01-Feb-91 01-Jul-91 £5,000.00 £5,250.00 £250.00
5 Peugeot 205 1.9 GTI 01-Jul-91 01-Apr-92 £4,000.00 £3,500.00 -£500.00
6 Vauxhall Cavalier 2.0 CD 01-Apr-92 01-Aug-94 £5,000.00 £1,000.00 -£4,000.00
7 Vauxhall Cavalier V6 01-Aug-94 01-Aug-95 £16,000.00 £10,000.00 -£6,000.00
8 BMW Coupe 328i 01-Aug-95 01-Jun-96 £25,500.00 £24,000.00 -£1,500.00
9 TVR Chimaera 4.0 01-Jun-96 21-Dec-96 £31,000.00 £28,000.00 -£3,000.00
10 BMW Saloon 328i SE 21-Dec-96 01-Sep-01 £28,000.00 £9,000.00 -£19,000.00
11 Mazda MX5 1.6 01-Oct-98 01-Feb-00 £16,656.89 £11,500.00 -£5,156.89
12 Mercedes Saloon C280 01-Mar-99 01-Sep-00 £36,297.29 £18,000.00 -£18,297.29
13 Ford Mondeo 1.8 LX 01-Feb-00 06-Jul-01 £1,000.00 £1,500.00 £500.00
14 BMW Mini 1.6 Cooper 09-Jul-01 26-Mar-03 £14,899.99 £10,500.00 -£4,399.99
15 BMW Coupe 330ci 01-Sep-01 31-Jan-02 £31,717.50 £27,250.00 -£4,467.50
16 Porsche 996 Carrera 4 31-Jan-02 06-Sep-02 £59,250.00 £51,000.00 -£8,250.00
17 Porsche 996 Carrera 4S 29-Oct-02 25-Sep-03 £68,863.68 £62,000.00 -£6,863.68
18 BMW Convertible 330ci 31-Mar-03 24-Mar-05 £30,487.20 £22,000.00 -£8,487.20
19 Toyota LandCruiser LC5 D4DA 21-May-04 23-Mar-06 £35,000.00 £23,500.00 -£11,500.00
20 Porsche 987 Boxster S 24-Mar-05 26-May-06 £47,875.00 £37,329.00 -£10,546.00
21 Porsche 997 Carrera 4 26-May-06 24-Apr-08 £68,829.00 £50,000.00 -£18,829.00
22 Mazda MX5 2.0 13-Oct-06 03-May-08 £16,145.00 £11,000.00 -£5,145.00
23 Ford Fiesta VAN 31-Jan-06 07-Mar-08 £1,351.25 £1,300.00 -£51.25
24 Ford Fiesta 1.25 Zetec 03-Aug-08 25-Feb-09 £5,000.00 £4,200.00 -£800.00
25 VW Tiguan 2.0 TDI Sport 26-Mar-09 27-Feb-10 £23,495.00 £19,000.00 -£4,495.00
26 Porsche 997 Carrera 4S 13-May-08 09-Mar-10 £74,899.00 £50,000.00 -£24,899.00

Total-£169,437.80


And I have enjoyed every penny of the loss...

(is it sad having a spreadsheet?)

Wow... Thats totally sad. But very impressive still for some reason?

[Merlot]

Clio : Paid £9000 sold for £6500, kept 1 year = £208/month
Volvo 850 T5 : Paid £4000 sold for £3500, kept 1 year = £41/month, but I had a £2k bill in that year!
Volvo S60 D5 : Paid £9700 sold for £5300, kept 2.5 years = £146/month.
Mazda MX5 : Paid £3800 sold for £2300, kept 2 years = £62/month.
Volvo S70 T5 : Paid £1020 sold for £1000, kept 6 months = £3/month.
Nissan Primera DI : Paid £2500 sold for £2200, kept 6 months = £50/month

[martin mrt]

2007 BMW 330d Touring, Oct 2010-Dec 2010, bought £20000 sold £17000, not a great moment, but I had to sell it as I lost my overtime which paid the car.

That's the biggest loss in the shortest space of time for me, it's also been a sharp learning curve, I'm never buying a car above £10k again, and it's not being financed

[buzzer]

Garlick said:

Hardly anything

Harsh.....

[Jo Po]

2002 Range Rover 4.0 V8 - Owned for 5 months..Lost £1,200.
2002 MINI Cooper - Owned for 2 years..Lost £200
2004 Ford StreetKa - Owned for just over 2 years..Lost £2800
2001 Ford Ka - Owned for ONE DAY....Made £1400.

[pits]

The petrol cap on my MK1 Golf.

[goldblum]

Martial Arts Man said:

I bought a new M3 for 57K in 2003.

At just under 3 years old I got 23K for it.

So that's 34K in 35 months.

Admittedly, it had over 60K on the clock, but still....


Was the last car I reckon I'll ever buy new; I cannot bear the thought of the total running cost calculation.


Still makes me shudder thinking about it.

Never again.

Quite a loss! What kind of spec did you want for it to cost £57k??

[anonymous-user]

I think the moral of the story is this. If you're going to buy new, you better be damn sure you want that car for atleast 10 years!

[sebhaque]

Think I've only lost £1000 at most over a year - but that was on my Impreza and I was sadder to get rid of it than I was bothered about losing a few quid.

My Mum isn't interested in cars and, against my advice, bought herself a brand new Micra a few years ago. Paid slightly over list price(!) as "they'd stopped making these but we got some in just because they were so good" (i.e. they overmade some and had to reregister after the new shape came out - it's a K11 on an 03 plate). It's now worth less than £2,000. And she's only done 12,000 miles in it. Almost 70p a mile in depreciation alone.

[bennyboydurham]

My 730d cost 27 grand three years ago. Planning to keep it for another two years by which point it'll be worth around 10 grand. So 17 grand in five years, and around 90,000 miles of motoring which I don't think is too bad actually.

[GeraldSmith]

I lost just under £30k over a year on a V8 Vantage, but I did put the best part of 40,000 miles on it in the year. I usually expect to drop £15-£20k a year on depreciation but I spend a lot of time in my car and do a lot of miles so it matters to me that it's something decent.