Bentley Continental GT Depreciation and servicing costs???
Discussion
Hi.
I'm considering lots of options for a new car at the moment.
My preferred option is currently a Porsche 911 C4S (sorry to swear on this forum).
I do however like the Bentley Continental GT. If I were to purchase an early-ish example (04 plate) for about £60k, how much depreciation would I be likely to loose yearly when using the car as an every day car, covering approx 12k miles per year?
It might appear a daft question but although the fuel and insurance bills will be more than a 911, if depreciation is less, the GT might actually work out more cost effective to run. As I said, no decisions made yet, I'm just considering all my options.
Also, can anyone advise what servicing costs are likely to be? I wouldn't bother with main dealer but a good, adequetly equipt independant.
Many thanks,
Lee.
I'm considering lots of options for a new car at the moment.
My preferred option is currently a Porsche 911 C4S (sorry to swear on this forum).
I do however like the Bentley Continental GT. If I were to purchase an early-ish example (04 plate) for about £60k, how much depreciation would I be likely to loose yearly when using the car as an every day car, covering approx 12k miles per year?
It might appear a daft question but although the fuel and insurance bills will be more than a 911, if depreciation is less, the GT might actually work out more cost effective to run. As I said, no decisions made yet, I'm just considering all my options.
Also, can anyone advise what servicing costs are likely to be? I wouldn't bother with main dealer but a good, adequetly equipt independant.
Many thanks,
Lee.
Yer - thanks guys.
It was actually a serious question. If I can pick up for £55k and not loose a great deal on it, its a go-er.
Insurance is "only" £1,100 and petrol I can just about live with. Loosing £7k a year depreciation, I can't!
If depreciation has now settled to only say... £2k a year, then I'd love a GT.
I know its not wedge shaped, but it is a Bentley...
It was actually a serious question. If I can pick up for £55k and not loose a great deal on it, its a go-er.
Insurance is "only" £1,100 and petrol I can just about live with. Loosing £7k a year depreciation, I can't!
If depreciation has now settled to only say... £2k a year, then I'd love a GT.
I know its not wedge shaped, but it is a Bentley...
Edited by L33 on Tuesday 25th March 16:27
Balmoral Green said:
I would have thought an early Continental GT will be shedding around £4K a year in depreciation at least, and be costing around £2K a year for servicing and general maintenance.
Many thanks for your reply Balmoral Green - this was exactly the answer I was looking for. The servicing costs are more than I was banking on (I was thinking nearer £1k per year) and the depreciation is more than I can live with. It is frustrating being able to afford the car but not be able to stomach the running costs I have lost a small fortune on my X5 over the past year and I don't intend on repeating it!
Maybe see what the Conti GTs are doing in a couple of years as I expect they will reach a certain value and will then depreciate very gratiously. In the mean time, what nice sub £50k motor can I buy that I can actually afford to run???
Edited by L33 on Wednesday 26th March 22:21
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